Sentences with phrase «fee simple property»

There are two documents that describe «titled» or fee simple property which comprises most land except land in the maritime zone.

Not exact matches

A fee - simple timeshare, also known as a deeded timeshare, is essentially like buying the property for a specific period of time each year.

Anything that affects or limits the fee simple title to a property, such as mortgages, leases, easements, or restrictions.

Fee simple interest in your relinquished property for 30 - year leasehold in your replacement property.

Yes, if the property will be used as collateral for the HECM and the mortgage will be held in fee simple, or on a leasehold under a lease for not less than 99 years which is renewable, or under a lease having the remaining period of not less than 50 years beyond the date of the 100th birthday of the youngest mortgagor.

A lien, charge or liability against a property that affects or limits the ability to file a fee simple title, or affects the value of the property, for example, mortgages or easements.

Encumbrance — Anything that affects or limits the fee simple title to a property, such as mortgages, zoning ordinances, claims, liens, a pending legal action, leases, easement rights, unpaid taxes or restrictions.

The fee simple owner of a property has the right to use the land in any way desired, for example: build on it, sell it or lease it.

She is the executor of the Estate, a beneficiary under the Will and also the owner in fee simple of the Richmond Property which Mr. T. Terezakis claims she holds in trust for the Estate, an allegation which Ms. Ekins vigorously disputes.

No, you need to use a Survivorship Deed to transfer rights of survivorship, where the parties will hold the property as joint tenants, with the survivor taking a fee simple interest (complete ownership) in the property upon the death of the other party.

The term for a whole piece of property without any encumbrances is «fee simple» in most states.

«Applying decentralized properties to real world securities is well overdue; they become far more liquid, fundraising is simpler, settlement is instant, transaction fees are negligible and most importantly, every human being on the planet has access to tokens, including the unbanked,» Koverko added.

In the alternative, the Commonwealth claimed that no property was acquired because the Land Trust's fee simple interest in the land was a mere statutory entitlement (created under the Aboriginal Land Rights (Northern Territory) Act 1976 (Cth)(the ALRA)-RRB- and therefore it was defeasible and could be changed by another Commonwealth law.

Fee simple: A form of property ownership where the owner has the right to use and dispose of property at will.

Haier America actually purchased a leasehold interest in the 52,000 sq. ft. property, with a guaranteed option to purchase the fee simple interest in seven years.

Their jobs might therefore be terminated, as in Frustration they tried to Breach from the muddy depths, arms full of the Real Property Statues that they scooped up from the bottom of the moat, to be sold as souvenirs in order to supplement their Gross Incomes rendered as such by the onerous Real Property Taxation levied upon them by Fee Simple taxation simpletons hired by the government in answer to Invitations To Treat misrepresentative advertisements for help.

The concept was simple: offer consumers full service through full - time Realtors for a flat fee, without listing properties on MLS.

Third, even when a property is a special - purpose property, assessors often value the wrong interest, valuing more than the fee simple real estate, for example.

When buying property in areas of potential or historic mineral development, a buyer should determine if a fee simple estate is being purchased or if ownership will be shared with others.

First and most importantly, § 5.085 (a) of the Property Code provides that a «potential seller may not execute an executory contract with a potential purchaser if the seller does not own the property in fee simple free from any liens or other encumbrancesProperty Code provides that a «potential seller may not execute an executory contract with a potential purchaser if the seller does not own the property in fee simple free from any liens or other encumbrancesproperty in fee simple free from any liens or other encumbrances.»

Encumbrance Anything that affects or limits the fee simple title to a property, such as mortgages, leases, easements, or restrictions.

This can include a negotiated lease terminations, sublease marketing or fee simple sale of corporate - owned office, industrial properties or vacant land.

A lien, charge or liability against a property that affects or limits the ability to file a fee simple title, or affects the value of the property, for example, mortgages or easements.

Managing: Single - Family: Multi-Family: Property Management Made Simple - Low Flat Fee Management service, no hidden fees or upfront costs.

SELLER»S DUTIES: Seller agrees to cooperate with Broker in the marketing and sale of the property, including but not limited to: If the Property is sold during the period set forth herein, the Seller agrees to execute and deliver a GENERAL WARRANTY DEED conveying fee simple marketable title to the Property, including legal access to a public right of way, free of all encumbrances except ad valorem taxes for the current year, utility easements, rights - of - way, and unviolated restrictive covenants, if any, and those encumbrances that the Buyer agrees to assume in the sales cproperty, including but not limited to: If the Property is sold during the period set forth herein, the Seller agrees to execute and deliver a GENERAL WARRANTY DEED conveying fee simple marketable title to the Property, including legal access to a public right of way, free of all encumbrances except ad valorem taxes for the current year, utility easements, rights - of - way, and unviolated restrictive covenants, if any, and those encumbrances that the Buyer agrees to assume in the sales cProperty is sold during the period set forth herein, the Seller agrees to execute and deliver a GENERAL WARRANTY DEED conveying fee simple marketable title to the Property, including legal access to a public right of way, free of all encumbrances except ad valorem taxes for the current year, utility easements, rights - of - way, and unviolated restrictive covenants, if any, and those encumbrances that the Buyer agrees to assume in the sales cProperty, including legal access to a public right of way, free of all encumbrances except ad valorem taxes for the current year, utility easements, rights - of - way, and unviolated restrictive covenants, if any, and those encumbrances that the Buyer agrees to assume in the sales contract.

Seller represents that the Seller has the right to convey the property, and that there are currently no circumstances that would prohibit the Seller from conveying fee simple marketable title as set forth in the preceding sentence.

In a «fee simple» arrangement, you own the land and home outright and the community association has a lien against the property.

Located two blocks from Madison Square Garden and Penn Station, the 12 - story, fee - simple property contains 228 rooms, an 80 - seat breakfast area, business center and fitness center.

Two years ago, Advance Auto Parts acquired Discount Auto Parts, which necessitated the sale of 110 fee - simple properties.

In fact, the LLC is going to cost more to setup (mine was around 1K in legal fees), and you'll have additional tax costs for preparation (~ 500 / yr for a simple 1 property LLC).

The title searches are insured and the property is held in fee simple estate.»

Ownership: Fee Simple, Architecture: Ranch, Cooling: Refrigeration, Dining Area: GR, Dining Area: Formal, Childrens Play Area, No Interior Steps, Heating: Electric Heat, Disposal, Master Bathroom: Full Bth Master Bdrm, Other Rooms: Family Room, Parking: Electric Door Opener, Property Description: Cul - De-Sac Lot, Property Description: South Exposure, Sewer: Sewer - Public, Utilities: APS, Water: City Water, Spa: None, Source of SqFt: County Assessor, Laundry: Inside Laundry, Association Fee Incl: No Fees, Assoc Rules: None, Technology: 3 + Exist Tele Lines, Construction: Block, Const - Finish: Painted, Technology: HighSpd Intrnt Aval, Const - Finish: Veneer, Add» l Property Use: None, Laundry: Dry HookUp Only, Fencing: Block, 9 + Flat Ceilings, Fireplace: No Fireplace, Source Apx Lot SqFt: County Assessor, Granite Countertops, Cook Top Elec, Non-laminate Counter, Landscaping: Desert Front, Tax Municipality: Maricopa - COUNTY, Landscaping: Grass Back, Landscaping: Dirt Back, Landscaping: Stone Front, Exterior Stories: 1, Parking: Dir Entry frm Garage, New Financing: Cash, New Financing: VA, New Financing: FHA, New Financing: Conventional, High School: Horizon School, Dwelling Styles: Detached

Unlike Trump's hotel, those sales were so - called fee - simple deals, where the property and the land are sold outright.