Archived
Granddad executed a deed in his individual capacity not in the name of the trust.who owns home dad or me?
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Answered on December 23, 2013
A deed must be executed by the owner. If the property was in the trust at the time of the deed, your grandfather had nothing to convey. A title...
Archived
Am I responsible for frozen pipe outside of my condo? My thermostat temperature was reading 45F HOA recomeds in my paperwork 6OF
Thomas's answer
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Answered on December 20, 2013
This depends largely on the condominium documents. Typically, the association is responsible for the structure, including pipes to the point that...
Archived
Can I hold a golfer liable for damages to my property in a country club community?
Thomas's answer
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Answered on December 13, 2013
A golfer is responsible for damage done by a ball that he has struck. It is possible that the covenants could waive that right. You should make...
Archived
Property line dispute-Who owns property and what is the fix?
Thomas's answer
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Answered on December 13, 2013
There are certainly issues of adverse possession here. The property on owner 2's side of the fence is probably his, based on adverse possession....
Archived
I hold the mortgage to a property I quit claimed to my ex. What are my rights as the mortgage holder in terms of the property?
Thomas's answer
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Answered on December 11, 2013
Your question does not seem to be clear. If you "hold" the mortgage, you are the lender. You say that your ex-wife has been late, and that has...
Archived
Overdue property taxes on house that's still in my name
Thomas's answer
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Answered on December 11, 2013
Regarding your second question. The past due real estate taxes will not directly affect your credit, but so long as you remain on the loan a...
Archived
Do I need to pay for "mortgage relief" tax?
Thomas's answer
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Answered on December 10, 2013
It appears that the IRS is taking the position that you received relief from indebtedness. The IRS considers relief from debt to be income, and...
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Archived
If my relative makes me a co-owner (or a TOD beneficiary) of a bank account or IRA, does it transfer to me out of probate?
Thomas's answer
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Answered on December 01, 2013
Bank accounts , IRA assets and life insurance policies all transfer outside of probate. The designation on bank accounts can be overridden by a...
Archived
I hit a backflow water line right outside my driveway.
Thomas's answer
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Answered on November 27, 2013
You should consult counsel, and also contact your renter's insurance company. If the installation of the water line met code when it was installed,...
Archived
Can my husband's siblings contest his designation as their mother's sole beneficiary?
Thomas's answer
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Answered on November 11, 2013
The designations for the accounts and the life insurance policy control. The only possible attacks would be incapacity if his mother was not...
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