In the state of Illinois Rock Island County how do I on a quit claim deed give just 2% of the property to my son ?
Frank's answer
|
Answered on December 04, 2024
Tenancy in Common
Ownership Shares: Each owner can hold a different percentage of the property. For example, you could own 98% while your son owns...
What exactly is a kick out clause?
Frank's answer
|
Answered on December 04, 2024
• Kick-Out Clause: This clause allows the seller to continue marketing the home and accept other offers if the current buyer has contingencies,...
Do I have to pay Title company a transfer fee after closing?
Frank's answer
|
Answered on June 17, 2024
If you are talking about a transfer stamp, yes you have to pay for this. However, title company should have made sure this was on closing statement...
Cook county: What should I take into consideration when informing my tenant that the property I'm renting them will be sold?
Frank's answer
|
Answered on May 10, 2023
They receive lease modification agreements letting them know there is a change of ownership. This will have new owners' information as well as...
My husband died and the house is only in his name ? What can I do i need to sale it
Frank's answer
|
Answered on September 01, 2021
I agree with both Peter and Henry, but you can also negotiate the probate in lieu fee down based on how long has been deceased and if know of no...
What must me and my brothers do to transfer the deed to my deceased mothers house ?
Frank's answer
|
Answered on September 21, 2020
Are you selling or just transferring to the brothers names?
Who legally owns the house?
Frank's answer
|
Answered on September 21, 2020
Depends how the ownership was held, joint tenancy, tenants in common, or tenancy by the entirety.
Can buyer cancel contract based on inspection results but never showed the results or asked for anything to b fixed?
Frank's answer
|
Answered on January 03, 2020
Yes they can unfortunately under the inspection contingency of the contract. Also there is an attorney review contingency that they could of used...
Archived
Do I need to hire a real estate attorney to review the sale contract of my house to a "flipper"?
Frank's answer
|
Answered on November 29, 2016
Yes, title needs to be done it is always better to have an attorney.
Archived
Could the condo association foreclose on a unit if they are more then 30 day pass on there fee's
Frank's answer
|
Answered on November 02, 2016
They can't foreclose, but in most situations they can evict, then rent out place to recoup dues till bank takes in foreclosure if they are behind...