You may need to go to a real estate lawyer and change the status of the house. Also, get advice on the property tax status.
It is certainly legal to do so. The executor must decide on what is appropriate and may charge rent.
a large area of often with a large house on it
When property is owned as joint tenants with the right of survivorship the property is NOT part of the estate of the first joint owner to die.
One can buy real estate in Atlanta by first searching real estate sites such as Realtor and Trulia. This would allow one to find a house or apartment of interest. After touring the house, he or she would be able to settle on a price for the new home.
Sandringham Estate is located in Norfolk, England. The estate includes Sandringham House, York Cottage and Appleton House. The estate is comprised of 8000 hectares of land.
Real estate law can be helpful when purchasing a house because it helps to know what the boundaries for your real estate agent are for searching for the perfect house.
Of course! The assets of the estate stay in the estate until properly distributed under the terms of the will or intestacy laws. The sale of the house is going to be subject to any mortgage or liens that may be in place.
No, you do not need to live in the house to have a lifetime estate, but you typically retain the right to live in the house if you choose to do so. A lifetime estate grants you the right to use and enjoy the property during your lifetime.
it was the first representative legislature in the English Colonies
The executor can rent the house. They are responsible for making sure the estate stays solvent and the property is taken care of.
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The estate includes the house. The rental income is treated like dividends and interest - something the estate will have to file as income in the taxes, along with the deceased's last paychecks.