Sentences with phrase «ownership interest in the property»

• Owner title policy - Insurance policy that covers the loss of ownership interest in a property due to legal defects which is required if the property is under mortgage.

This type of ownership allows two or more people to have equal ownership interests in a property.

• Lender's Title Insurance Fee - Title insurance is an insurance policy that covers the loss of ownership interest in a property due to legal defects and is required if the property is under mortgage.

Ownership interest in a property after liabilities are deducted.

First, if a spouse deeds off of a property in order to become a non-borrowing spouse, that individual's future ownership interests in the property are dependent upon the method by which the couple has set up the transfer in the instance of the passing of the spouse (for example, through a trust, etc).

The real estate investor can instead receive an undivided fractional ownership interest in the property.

However, doing this gives your partner some ownership interest in the property, while you would be the only one obligated by the mortgage.

Because each co-borrower is responsible for repaying the loan, each will have an ownership interest in the property.

Typically, cosigners do not have an ownership interest in the property the loan is being used to purchase.

However, doing this gives your partner some ownership interest in the property, while you would be the only one obligated by the mortgage.

Because each co-borrower is responsible for repaying the loan, each will have an ownership interest in the property.

Typically, cosigners do not have an ownership interest in the property the loan is being used to purchase.

With an FHA loan, you can not take an ownership interest in a property without qualifying for the loan.

All borrowers who have not held an ownership interest in a property for the previous three years may be eligible!

CONSTRUCTIVE TRUST If there was an unjust enrichment and there was a link between the contribution that founds the action and the property in which the constructive trust is claimed, then the complaining spouse may receive an ownership interest in that property.

Must I include a statement that discloses my ownership interest in the property in the MLS and print ads or on the For Sale sign?

The listing agent doesn't tell the buyers in writing about her ownership interest in a property before the buyers are bound by the contract.

- Require homeowners to pay thousands of dollars to third parties that hold no ownership interest in their property.

The Borrower inherited their ownership interest in the property and shares ownership with another party, or

A Kansas court reviewed disciplinary sanctions imposed by the state's real estate commission upon a licensee for actions such as failure to disclose an ownership interest in property.

The Supreme Court of Alabama has ruled on when an appraiser can be liable to third parties for a negligent misrepresentation made in his appraisal report and also whether a real estate licensee representing the seller has a duty to disclose to the buyer that the owner of the licensee's brokerage has an ownership interest in the property being sold.

Over time you gradually accumulate what lenders call «equity,» an ownership interest in the property that you can often borrow against or convert into cash by selling the house.