Sentences with phrase «ownership of a property when»

A Transfer on Death Deed can be an easy way to transfer the ownership of property when you pass.
If you are seeking to protect your ownership of a property when cohabiting with a partner, most solicitors would advise the couple to enter into a cohabitation agreement.
Foreclosure - A legal process by which the lender takes possession and ownership of a property when the borrower doesn't meet the mortgage obligations.

Not exact matches

Entrepreneurs need to understand that in Canada, there is no presumption of favour to the employer when it comes to ownership of intellectual property (IP).
RXR took control of 75 Rock in 2013 when it signed a 99 - year ground lease on the property from British billionaire Mohamed Al Fayed, who retains ownership of the fee interest.
Entrepreneurs need to know the process and timeframe for having a patent issued, how to budget for the process, and when they can expect to assert their ownership over and market the patented piece of intellectual property (IP).
When home values over many years of ownership rapidly increase, but their rents don't increase at that same pace, your return, not on your initial investment, but on the money tied up in the property drops.
When the constitution of 1917 was drafted, therefore, «Catholic» representation was nonexistent, and the resulting document not only repeated earlier material restrictions on the Church (such as government ownership of all church property, civil registry of priests, and making marriage a civil matter) but also got in a symbolic lick or two (for example, religious garb was not to be worn in public; worship was to be only an indoor affair; alien priests were forbidden; and no religious labels were allowed for political parties).
This structure was relatively fluid, since membership in the two highest orders was based chiefly on property qualifications, and in our period many men became rich, partly through politics and partly through trade or ownership of real estate in a time when business was generally good and money was gradually becoming cheaper.
Specifically, any unsolicited actions of others that physically affect an individual's property or person, no matter if the result of those actions is damaging, beneficial, or neutral to the owner, are considered violent or aggressive when they are against the owner's free will and interfere with his right to self - determination and the principle of self - ownership.
The property owner was listed as Jul - Bet Enterprises when the application was first filed about eight years ago, but in 2007 ownership was transferred to Jamesport Development LLC, whose ownership comprised 50 percent of Jul - Bet Enterprises and 25 percent each of RBR Equities and SW Consulting.
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But over the years many of the kibbutzim have modified themselves to include home ownership, offering rental property to outsiders and ways to reach the larger community with the fruits of their labors, in other words they changed when they needed to.
Foreclosure — When a homeowner defaults by failing to make payments on their mortgage, the lender that holds the mortgage is given legal ownership of the property to allow them to recoup the money that was lent.
The book and subsequent articles point out precisely the opposite: when you bought the house in the first place you did leverage, because you had no equity to balance the loan; your lender had the strangle hold on your ownership of the property.
When purchasing a leasehold interest, you are really purchasing the rights and ownership of a building or structure but not the rights or ownership of the land the property sits on.
Many investors also opt for this type of ownership when there are two or more investors in one property.
Over the last couple of years many Canadians jumped into the property market because historically low interest rates made home ownership easier to finance — but this actually shouldn't be the deciding factor on when to buy a home.
Closing Costs Expenses over and above the price of the property that are incurred by buyers and sellers when transferring ownership of a property.
In the interest of encouraging home ownership, federal laws grant taxpayers a deduction of property taxes paid from their gross income when figuring taxable net income.
When family members, spouses, associates, friends or any individuals purchase a property together, this is called Joint Ownership of Pproperty together, this is called Joint Ownership of PropertyProperty.
The subjective feeling of financial liberation and property ownership can not be overstated when pondering early mortgage payments.
Closing Costs These are expenses - over and above the price of the property - that are incurred by buyers and sellers when transferring ownership of a property.
you may be able to include your costs of ownership in the property's cost base, which would reduce any capital gains tax liability when you sell it.
In non-community property states, you need only to prove your share of ownership in order to list the asset when filing bankruptcy separately.
These are expenses over and above the price of the property that are incurred by buyers and sellers when transferring ownership of a property.
They already split their rental income, which is in accord with their joint ownership of their $ 700,000 rental property, and when Ethel turns 65, she can split her Canada Pension Plan benefits with Sam as he can with her.
When a dog is surrendered to rescue, we require a signed transfer of ownership (surrender form) that states the dog becomes the property of the PWCCGS Rescue.
AVERAGE ONE - TIME COSTS WHEN BUYING A NEW HOUSE Purchase price of a average new house: $ 84 / sq ft Closing costs: 3.5 % of the home price Costs to fully furnish a new home: 20 % of the home price AVERAGE ANNUAL COSTS OF HOME OWNERSHIP Energy costs: $ 1.03 / sq ft Maintenance: 1 % of the home price Property taxes: 1.3 % of the home price Over a 30 year mortgage, each additional 500 square feet of space will cost you an extraof a average new house: $ 84 / sq ft Closing costs: 3.5 % of the home price Costs to fully furnish a new home: 20 % of the home price AVERAGE ANNUAL COSTS OF HOME OWNERSHIP Energy costs: $ 1.03 / sq ft Maintenance: 1 % of the home price Property taxes: 1.3 % of the home price Over a 30 year mortgage, each additional 500 square feet of space will cost you an extraof the home price Costs to fully furnish a new home: 20 % of the home price AVERAGE ANNUAL COSTS OF HOME OWNERSHIP Energy costs: $ 1.03 / sq ft Maintenance: 1 % of the home price Property taxes: 1.3 % of the home price Over a 30 year mortgage, each additional 500 square feet of space will cost you an extraof the home price AVERAGE ANNUAL COSTS OF HOME OWNERSHIP Energy costs: $ 1.03 / sq ft Maintenance: 1 % of the home price Property taxes: 1.3 % of the home price Over a 30 year mortgage, each additional 500 square feet of space will cost you an extraOF HOME OWNERSHIP Energy costs: $ 1.03 / sq ft Maintenance: 1 % of the home price Property taxes: 1.3 % of the home price Over a 30 year mortgage, each additional 500 square feet of space will cost you an extraof the home price Property taxes: 1.3 % of the home price Over a 30 year mortgage, each additional 500 square feet of space will cost you an extraof the home price Over a 30 year mortgage, each additional 500 square feet of space will cost you an extraof space will cost you an extra -
But despite wanting to do away with some of the laws the rest of Denmark follows (legalizing marijuana and the pesky issue of property ownership), Christiania is, as I noticed when I visited last week, one gigantic gorgeous park, with unique buildings and objects d'art — including innovative container gardens — that reflect an artistic population.
When a divorcing couple owns a business or one spouse holds a significant ownership stake in a company, the division of marital property becomes far more complex.
Reversing the decision of the Court of Appeal and restoring the determination of the trial judge (upheld in the High Court on appeal) the Supreme Court concluded that the facts in the present case did give rise to an inference that the intentions of the parties (to own the property in equal beneficial shares, consistent with their legal ownership) did change when Mr Kernott acquired his own property independently of Ms Jones.
A resulting trust occurs when one person transfers property to another, but is presumed to still retain ownership of the property.
When the local congregation withdrew from the denomination, it claimed ownership of tens of millions of dollars worth of real and personal church property.
Equal ownership extends to debts in community property states as well, making both spouses equally liable for debts — even when one spouse was unaware of those debts.
They can be used to determine every aspect of the contract, for instance how interest is to be calculated (from when at and what rate), when risk passes on goods to be delivered, and when ownership of property is transferred.
When property ownership is an issue in a marital dissolution case, the Forensic Accountant can help determine what portion of the asset (or debt) is separate vs. community.
When an oil company decides it wants to drill on a particular type of land, it uses a landman to perform title searches to determine ownership of the property.
It is important to note that the duration of your ownership is not calculated from when you purchased the property but from the date that you were registered as the leasehold proprietor at the Land Registry.
In circumstances where the legal ownership of property is held jointly, the approach to quantification should be no stricter than when the property is held in someone's sole name.
With respect to real property, when the ownership of the real property has been transferred to a new owner, the property has been attorned.
For example, when the ownership of a rental property changes, whether to a new landlord or to a mortgagee, the tenants are expected to receive a «Notice of Attornment» which informs tenants to whom to make rent payments.
Due to the specific division of the ownership of such properties, condos have different requirements from regular homes when it comes to insurance.
When a leaseholder is ready to purchase coverage for a rental property, the insurance agent will ask for certain information regarding the value and ownership of the items being insured.
When you file a claim with your renters insurance, be sure to let them know that you have taken an inventory of all of your property and can provide it as evidence of ownership.
However, when the property is disposed of at a later date, the total period of ownership of the property by both of you is taken into consideration for the purposes of determining whether any capital gains tax is payable on the later disposal.
In New Hampshire, the court presumes that everything a party owns — regardless of when he or she acquired it, who gave it to him or her and what the title says about ownership — is marital property to be divided equally.
When spouses divorce in Iowa, they are entitled to maintain ownership of their separate property.
Transmutation occurs when spouses change the ownership of property; for example, when a spouse changes the title of a home that is his separate property to a joint title in both spouses» names.
When it comes to child custody, courts are primarily concerned with what is in the best interest of the child, while property division is based on ownership and economic factors.
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