Someone has to pay the doc prep., transfer taxes, and release and recordation fees. Usually, that is split with almost all going to the buyer, and the seller’s main expense is the brokerage commission for both sides.
My cousin would like to sign property over to me. They had no will. What steps need to be taken to do this. Property has no liens or mortgages. I have paid land taxes for over ten years.i live in the property and have all my life. Cousin has no interest in owning home.
An estate will need to be opened. If a married couple owned the property as "tenants by the entirety" when the first one died, title should have gone to the survivor of them. (If they owned title differently there may be a need for two estates).
My aunt and uncle raised me. And have one biological son. My uncle died 2003 my aunt 2016. I was never legally adopted. My cousin( their son). Wants to sign their property over to me. Him and his wife are getting a divorce. She has threatened to take half of his deceased parents home. They do have... Read more »
No. Property which one spouse inherits alone is not marital property subject to division with the non-inheriting spouse. The only scenarios where your cousin’s spouse could make a claim are (1) if your cousin were to add his wife to the title; or (2) if your cousin were to make mortgage payments...Read more »
Two years ago I replaced the roof on my half. My roofer flashed three sides of the chimney. Last month I received a letter from the owner of the adjacent building that after a heavy rain, water leaked into his house. His insurance looked at the damage and took pictures and indicated that the... Read more »
You cannot be responsible for flashing on his roof, if that's what would be required to install or replace flashing on that side of the chimney. Also, his homeowner's insurance is responsible for repairing any interior damage due to leaks. I recommend that you have your roofer come out...Read more »
I’m not sure how that would work. The title agent closing the transaction is mostly paid from the commission on the title insurance. If you buy lenders title from one and owners title from another title agent, I think you pay for two closings. Many title agents represent more than one...Read more »
If you are in Rockville, tell him you are about to call the Landlord Tenant Office <https://www.rockvillemd.gov/259/Landlord-Tenant-Complaints>. Then, do so. If the community in which you live has a landlord tenant office, call them. If not, you'll need to sue in Maryland District Court.
I doubt your HOA documents provide that unanimous consent of all homeowners is required before they can take any actions. However, that does not mean they can necessarily act with impunity or infringe on privacy rights. Your HOA is made up of you and your fellow owners. You elect the Board who...Read more »
I work an over night job and my neighbor above me leaves his young kids in the house alone early in the morning around 9 am for multiple hours a day multiple times a day, I get in the house at 7 am and cannot sleep cause of so much noise over my head, I’ve sent video recordings of the noise,... Read more »
If you have evidence of the noise being caused, and it rises to the level of disrupting your right to peace and enjoyment of your residence, you could file a nuisance complaint against your neighbor. The more evidence you have then the better. The judge would then decide based on the evidence...Read more »
So I sold my house as is and we had to do everything thru video call cause the virus has closed everything down so I had the one hud paper then after I sign the paper they sent me another hud paper thru email and instead of getting the $19 thousand and some change they changed it to me getting... Read more »
The rest of your statement didn't appear in the question as it was first presented to me. But, the answer still requires that someone go over the HUD-1 with you. That someone should have been the title agent, but the title agent is selected by the buyer. You may have needed your own lawyer if...Read more »
The ch.7 was discharged two years ago and wasnt reaffirmed. I want to do a deed in lieu of foreclosure to get the lien out of my name. Will the deed in lieu be on my credit report if the house was included in the ch. 7, discharged two years ago and never reaffirmed?
If you discharged the mortgage obligation in a Chapter 7, you are no longer personally liable on the debt; however, the lien of the mortgage remains on the property. You do not have to do anything in this scenario. Many debtors discharge their personal liability on a mortgage load but continue to...Read more »
If the house is still in the name of the decedent, then the Estate is not yet closed. But the Personal Representative has broad powers to administer the assets of the Estate and make distributions according to the Will or laws that apply when there is no Will. If the house must be sold, then...Read more »
Is it legal for me to rent out my Maryland state home to my LLC (Registered in FL)? My LLC's principle address is the same as my Maryland home, but now I want to rent the home entirely to the LLC and move out. I would live somewhere else, but use the home for business purposes only. Given the... Read more »
I agree with Mr. Blackburn that it is perfectly legal, but I don't think it accomplishes what you are trying to accomplish. If the LLC you form is a passthrough entity with partnership taxation, then the formation is a wash. The rental income passes through to you after writing off the...Read more »
In my property on the right side there is a 10 ft driveway and also pipe line at the beginning of this 10 ft area this water pipe belongs to my house and it’s on the survey, but now a days my neighbor is using the area as a parking lot for his cars, when I talked to him he said this 10 ft area... Read more »
The HOA can require you to follow its rules, and neither flags nor images of religious icons change that. To determine whether the HOA is following its rules, retain counsel to review the Declarations, and the rules and rulings of the HOA.
Tenants are moving out, but as an owner/landlord, I need to switch out locks, clean, and maintain the residential rental property. As an owner, if my rental home is vacated, am I allowed to go, under the current COVID-19 MD stay-at-home order?
At the outset, we are working under a totally new set of rules and while attorneys can attempt a reasonable stab at interpretation, no one has had the ability to see how things would play out if challenged. Under the Maryland order, employees and owners generally may go on-site to non-essential...Read more »
A lender can only charge what fees the loan documents allow. While a borrower should carefully check the paperwork signed, normally if a mortgage is being paid on time the only charges allowed by the loan documents will be principal and interest plus any escrows (taxes/insurance). A borrower...Read more »
I am in the process of buying a house. The house is currently occupied by tenants. The tenants were given notice of the home being sold by the sellers on April 1st, giving them 30 days to move out. The tenant refused to let our inspector inside the house due to COVID-19 risk, but agreed that the... Read more »
There are two intertwined questions in the scenario. First, can a tenant "legally" refuse to leave if their lease is up and they've been given proper notice? Assuming the appropriate notice has in fact been given, legally, "No."
I have water leaking into my city basement home. I have done numerous repairs and attempts to lead the water away from my home but realize that I cannot control this without the city properly maintaining their alley. The cement alley has numerous cracks throughout and has an old... Read more »
You need to start with a title search to determine whether the alley is owned by the city or whether the city merely has an easement to it. You then need to determine who has the duty to maintain, and whether you have the right to make the repair yourself. If the responsibility belongs to the city,...Read more »
What Regards That You Don't Have To Pay Just Compensation As A LLC / Individual / Private Company Non Profit Company..... As In Thing That Regard Regard Tax Exempt Is It Just As In That Thing That Regard ( Tax Exempt )
Eminent domain is subject to the requirements of local statutes and ordinances that provide the payment formula. There are appraisers that deal with condemnation appraisals. And if you and the condemning authority cannot agree, you can take a case to trial in a circuit court where a jury will set...Read more »
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