0
Add your answer:
Earn +20 pts
What are the effect of waste disposal?
The effect is pollution that is harmful to the environment and animal life.
What the effect of improper waste disposal?
The effect is pollution that is harmful to the environment and animal life.
How does remarriage effect a life estate in Virginia?
No, it is still valid to the "life tenant" til his/her death......
If someone is granted a life estate and they remarry how will this affect the life estate?
When someone with a life estate remarries, it can complicate the ownership rights and future disposition of the property. The new spouse may have certain rights or claims on the property depending on the laws of the jurisdiction. It is recommended to consult with a legal professional to understand how the remarriage may impact the life estate.
Can a life estate stop liens from being effective on a house that's paid for?
No. However, it depends on the type of liens. Liens against the fee owner can be recorded but may be subject to the life estate. Property tax liens take effect in spite of a life estate. You need to be more specific as to the type of lien and who is the debtor.No. However, it depends on the type of liens. Liens against the fee owner can be recorded but may be subject to the life estate. Property tax liens take effect in spite of a life estate. You need to be more specific as to the type of lien and who is the debtor.No. However, it depends on the type of liens. Liens against the fee owner can be recorded but may be subject to the life estate. Property tax liens take effect in spite of a life estate. You need to be more specific as to the type of lien and who is the debtor.No. However, it depends on the type of liens. Liens against the fee owner can be recorded but may be subject to the life estate. Property tax liens take effect in spite of a life estate. You need to be more specific as to the type of lien and who is the debtor.
Is a life estate irrevocable?
Generally yes. A life estate must be released by the written consent of the holder. However, life estates are governed by state laws and they vary from state to state. If the life tenant is causing waste or causing damage to the property you should discuss the situation with an attorney.
What are the effect of improper waste disposal?
it may result that the person will get diseases from this kind of naiveness.
What effect does the Real Estate Code of Conduct have on your own operations as an Estate Agent?
The effect of the Real Estate Code of Conduct on your own operations as a Real Estate Agent.
What kind of estate establishes the ownership of property for only the life of the owner?
A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.A Life Estate provides the right to the use and sole possession of real estate for the life of the life tenant.
How do you sever a life estate in Florida?
A life estate is extinguished by the death of the life tenant or by the life tenant executing a deed of release of the life estate.
Can a LIFE tenant sell the property if she cannot afford to pay utility bills?
The life tenant may be able to sell her interest in the life estate however, the term would still depend on her natural life. Upon her death the life estate is extinguished. Also, she will be responsible for any waste or damages to the property caused by her assignee. She should consult with an attorney who specializes in real estate law who can review her situation and explain her rights and options.
Life estate does your spouse have interest in it?
A life estate is based on a specific person's life. If they are not named in the life estate, they have no interest. They can claim the right to use the life estate as long as the individual is still living.
