No. A bargain and sale deed is not the same as a warranty deed. The primary difference is that a bargain and sale deed does not guarantee that the seller holds clear title to the property.
"RTV" typically stands for "Release of Trustee's Deed" on a title examination, indicating that a trustee has released their interest in a property following a foreclosure sale. This document is an important part of the title search process to ensure clear ownership of the property.
What do you mean? Did you purchase a home that has a lien on it? If so, you do not have a clear title to your home and the lien holder can take posession of your property. A lien should be paid off prior to completing a sale of a property. Good Luck
It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.It is unlikely a property on its way to a sheriff's auction would free and clear of all taxes and liens. The very existence of a sheriff's sale indicates a troubled property owner who most likely has many other debts.The only way to determine the status of the property is to have a title examination performed by a professional.
If you've lost you book of sale for a car title, you need to fill out an application to obtain a duplicate of a title.
Ownership of personal property is conveyed by a deed. A bill of sale is merely a transaction written on paper. The person who has ownership is the person listed on a deed or title. In the absence of a title, such as in furniture, a bill of sale is proof of ownership. It just depends on the type of property, and whether the property is required by law to have a title.
The liens are usually in place when the bank or loan company takes possession of the property. The company/bank can pay off all liens and clear the title for resale or it can be put to auction with leins in place. Monies from sale are first used to clear title before new owner can take legal possession. Regulations can be different depending on type of property and state.
It depends on the transaction. In most normal transactions the standard contract used by most Realtors will say something about clear title, a title commitment from the title company and other factors. If the buyer did not expect a clear title then it could be argued they received what they expected. The buyer should review the details of the title before signing the final documents to complete the sale. Any title insurance policy will show all easements and exceptions to a clear title. Full disclosure is best and expected but the fine details will really be based on the agreement signed by the buyer and the seller.
If you legally own the vehicle and have a bill of sale you can apply for a duplicate title at the state DMV. You must have all the proper paperwork however, so it might be in your best interest to call the local DMV office and find out exactly what is required.
Both Deeds of Trust are listed in a title report. Ist Deed of Trust, fisrt position, second deed of trust, second position. Both liens will have to be paid off with a sale to clear the titl and they boths have to be shown prior to any sale, loan or refinance.
An estate that includes real estate must be probated in order for title to pass to the heirs. Until the estate is duly probated you don't own the property legally and cannot execute a valid deed. An attorney examining the title to the property for a proposed buyer would insist the estate be probated in order to pass clear title.
In Massachusetts yes $25.00