yes you have to or you will be arested by the FBI
No. That person does not own legal title to the property. They simply have the right to the use and possession as long as they live.
On the person whether a natural person or a corporation. Properties are checked for liens or other encumbrances on the title of the property.
You will have to transfer the title, but, the lien that is on your property -if it has a personal guarantor, will not be tranferable, most likely, to a business entity unless you or whomever the owner happens to be, is willing to remain the personal guarantor.
Yes and no. Items that are in the deceased persons name can be held in probate. If the car has an outstanding lien, it will just be repossessed if it is not paid off, but if there is a will and the car is left to a person, that person will be responsible for the balance of the loan. If the car is paid off, it can and will be held in probate until the deceased persons estate is cleared of debt. If the person is renting a property and not the owner of the property and has outstanding debt, the items of value can be held in probate and auctioned off. If the will leaves the items to others, it will go to them, but if there is no will, everything listed in the dead persons name will become property of the state until probate is lifted and debt is paid off.
Depends on the states laws, but in most you can lose the property for non payment if you are the only name on the deed.
Yes, the loan can be in one sole persons name, but the title can remain in two peoples names or be transfered into one. If you need some help with this I handle situations like this all the time give me a call 214)607-1445.
yes it can be a persons name
You can file a court case if you have any evidence that the person transferred the property to avoid creditors. The court will issue an 'ex parte' lien against the property if you are successful.
The law in England and Wale is common. Proof has to be made that the names of the persons on the deeds are authentic. Then it is required that if the deeds are in joint name that there is no requirement of A Will to stop the progress of such an application. A Conveyancing Solicitor must be employed and they will require proof that the person is deceased (production of the death certificate), that you have right to seek the name change i.e. its in joint name with yourself. They will also check that the property is not subject to probate. If this is clear and there is no underlying reason. Then they can apply to have the right of deeds changed into your name soley
Satan (or one of his many minions) will impersonate that person and answer you.
It is the persons name and then you. It is.. EX: Marissa and I.