Sentences with phrase «ownership of one's property»

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.

A foreclosure is an action by a lender to take ownership of property for which the loan is in default.

Recent work: Successfully obtained a possession order where the tenant had given incorrect information about ownership of another property in his application for social housing.

Transfer of ownership of a property, let alone ownership of the company that owns the property, generally doesn't affect a lease.

There are costs and tax consequences involved in transferring legal ownership of property into trusts.

So this type of joint ownership of property with a spouse, child, or anyone else will allow that particular asset to bypass probate.

Insurance that protects the lender (lender's policy) or the buyer (owner's policy) against loss arising from disputes over ownership of a property.

When a mortgage lender takes back ownership of a property when a borrower is unable to afford their mortgage repayments.

There is something called «adverse possession» basically it means if someone takes possession of property, after a period of time they can claim ownership of the property.

As we place our sense of self - worth into the equation, the desire for ownership of property increases.

If you are not interested in maintaining ownership of the property, but are interested in full or partial relief of debt, the following options may be available to you.

That's a segment of the market that is difficult for most investors to access through direct ownership of property.

Closing: The process by which ownership of a property passes from the seller to the buyer.

Closing is the process where ownership of the property shifts to you.

Still, they will help you gain full ownership of the property more quickly.

Frequently, the issuance of a protective order is used to advocate for the property rights of the abused spouse, and abuse victims frequently obtain sole ownership of property during divorce proceedings.

They usually hire outside counsel to administer the examination, during which they ask the policyholder questions and ask them to bring forward documents and receipts proving ownership of the property claimed.

Title insurance: insurance that protects the lender against any claims that arise from arguments about ownership of the property; also available for homebuyers.

Should the borrower fail to repay, the creditor may take ownership of the property by following legally mandated procedures.

One example of the automatic influence of past experiences is the endowment effect, which occurs when the client's ownership of the property increases her perceived value of the property.

Other important types of documents, which, if lost, might cause loss and damage, include any documents demonstrating details about beneficial ownership of property.

Through story missions, small jobs and your own acquisitions, you'll gain ownership of properties and businesses.

It gave rise to a kind of Victorian moral order, and a way of life marked by the invention of agriculture, communal ownership of property, and strict division of labor.

In such situation, title insurance will ensure that your back is covered if you later discover that there are issues that may prevent you from having clear ownership of the property.

An instrument placing ownership of property in the name of one person, called a trustee, to be held by the trustee for the use and benefit of some other person.

A term life insurance policy can help your family afford to maintain and keep ownership of your property.

Personally, I do more notes than ownership of properties at this stage in the cycle but again that is partially preference.

Also, ownership of property helps define our goals.

It's also important to consider the past ownership of your property: a history of foreclosures, liens and other problems can make homeowner's title insurance much more important than usual.

As I understand the way insurance works, the insurance company gets ownership of property on which they have paid.

As a real estate attorney, you may be required to conduct basic research to establish ownership of the properties subject to transfer by coming up deeds and leases.

The borrower plans to obtain fee - simple ownership of the property, hold the property long term due to its healthy nature, and refinance with a conventional loan.

It is fascinating to ponder what ownership of property really is.

Unless you wish to make it hard on people to find out the true ownership of the property — in which case you would use the land trust to achieve that.

Some countries have corrupt governments and the government is needed to prove the initial ownership of property.

If I want to purchase or take ownership of this property how do I do this?

Never sign a contract under pressure and never sign away ownership of your property.

Generally it's not a good idea to transfer ownership of a property close to the sale.

Their 20 percent ownership of the property and its potential appreciation represent their long - term investment.

Insurance that protects an interested party, either the owner or the lender, against issues that would affect legal ownership of the property.

The assumption of joint ownership of property, however, can be a drawback.

The right of ownership of property; the just possession of one's own property.

Title insurance protects the lender (lender's policy) or the buyer (owner's policy) against any loss arising from disputes over ownership of a property.

The seller retains ownership of the property but the buyer is the one who takes over servicing the costs such as an existing mortgage, insurance, and rates.

As long as you are paying your mortgage every month, you are able to maintain ownership of your property.

There are also REITs that include direct ownership of properties.