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Recent Deed of Trust questions
My question is in regards to civil code 2966. We did a
My question is in regards ***** ***** code 2966. We did a carryback deed of trust on vacant land for 15 months. Balloon payment is due. We did not give the 15-90 day notice. From what I gather, the notice is only required on property with 1-4 dwellings and does not apply to vacant land, commercial or more than 4 units. Is this true? That's what section 2956 states which seems to correlate with 2966JA: Since estate law varies from place to place, can you tell me what state this is in?Customer: californiaJA: Have you talked to a lawyer yet?Customer: emailed our attorney. waiting for responsJA: Anything else you think the lawyer should know?Customer: no
My sister owns her house outright. She wants to borrow cash
My sister owns her house outright. She wants to borrow cash from me to pay of credit card debt. Can she give me a promissory note that i can then record or create a lien against her house? Are there other ways to secure my loan?
How to get my ownership of neighborhood common area? Back 3
How to get my ownership of neighborhood common area?Back 3 years ago, I purchased my house through bank foreclosure. In my neighborhood, there are 10 families (means 10 lots) plus one common lot. All houses were built around this common lot. The common lot number is ***** All 10 families response for paying tax and maintenance this common lot. Our neighborhood does not have formal home association, but we do have agreement for all 10 families to pay the fees for all expenses (tax, cut grass, etc.). This agreement was recorded back many years ago.All 10 families owned 1/10th of this common lot (lot-11). From county tax record, 10 families are the owners for this common lot.When I purchased my house (lot 3), title of this 1/10th common lot did not come with my house (lot 3). I was told that the deed of trust previous owner had does not include this 1/10th of common lot. I paid all fees and performed my duty to be of home owner in my neighborhood in past 3 years.Now I am selling my house, the next buyer wants 1/10th common lot title. I have tried to get previous owner help to write Quitclaim deed for the 1/10th common lot, but they refused to do so.Is there another way I can get this 1/10th common lot title?
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17 years ago sold a piece of property on contract. I
17 years ago sold a piece of property on contract. I received one payment and the person disappeared. The property was sold for back taxes. I now know where this guy is. Can I sue him? The principal and interest is now $48000.
I"d like to know if a remainder-man has the right to request
I"d like to know if a remainder-man has the right to request an inpection of the subject property after 23 years of no admittance by the Tenant (Life Estate Beneficiary)JA: OK. The Real Estate Lawyer will need to help you with this.Customer: I'd like to know if in the State of Maryland, Maryland Law allows the remainder-man from a Life Estate (left to a third wife now in possession 23 years, as the Tenant) to request, notify, and perform an inspection of the property to satisfy the remainder-men, that the subject home/property is not "wasting" and is in satisfactory condition? This could be greatly affecting the value of the property now, 23 years later without the benefit of permission to enter the subject property.JA: Have you talked to a lawyer yet?Customer: NoJA: Anything else you think the lawyer should know?Customer: We believe the property is depreciating due to lack of maintenance. The Tenant has is 83 and has moved her children and grandchildren in the property. She does not allow us "Remainder-men" access now 23 years later to view the property.JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Real Estate Lawyer about your situation and then connect you two.
I purchased a home from my aunt in 2007, the sale was sellerView more real estate law questions
I purchased a home from my aunt in 2007, the sale was seller financed. A Deed of Trust, an Amortization Schedule & a Settlement Statement were recorded. I am in the process of obtaining a loan to pay off the balance and the bank is requesting a signed balance statement from the lender. My aunt agreed the balance amount is correct, via text, but is refusing to provide a signed statement due to personal conflict between the two of us. What legal recourse do I have in obtaining a balance statement, considering it was seller financed and not federally funded?