Sentences with phrase «take title to the property»

-- When Upstate - COR takes title to the property, Upstate will lease approximately 100 parking spaces at market rates from Upstate - COR, which will build parking lots on property that Upstate currently owns and could park on for free.
With bankruptcy, the home would go into foreclosure, with the city taking title to the property and its assets used for back taxes.
Alternatively, the seller might agree to finance the sale himself, in which case the buyer will pay periodic installments to the seller and will not take title to the property until the last payment is completed.
In 2002, the parties moved into a property that the man had acquired around the time the parties began living together (the man had taken title to a property that he had owned with his former spouse).
Theadora took title to the property in April 2005.
I tell them if I am the buyer or if If one of my investor colleagues is going to take title to the property.
Eventually the lender foreclosed and took title to the property; it refused to sign a listing but promised to pay a commission «if the agent brought a client».
To speed property transfer to the redevelopment authority during that period, new regulations under the federal cleanup law offer «early transfer» provisions that permit private entities to take title to property before environmental cleanup is complete.
Are you prepared to take the stand and testify that (a) you intended to take title to the property which you agreed to purchase, (b) you did not intend to use that contract as a tool for facilitating a sale of real estate of another with the intent of receiving a commission or fee, (c) your intent in dealing with the seller was not to facilitate the sale of his real estate to another, (d) your intent with dealing with the buyer was not to facilitate the sale of the real estate of another to the buyer, (e) that the sale of real estate would have occurred regardless of your contract assignment, (f) that you performed your obligations pursuant to the real estate contract before you assigned it, creating ascertainable rights of ownership, (g) that you did not receive a commission or fee for assigning that contract, (h) that the subject matter of the contract was not real estate, (i) that the assignment of your purchase contract did not facilitate a sale of real estate you did not own for a fee that you collected?
The wholesaler never even takes title to the property..
If no one outbids the lender then the lender will take title to the property.
The requirements will not impact a buyer who takes title to a property and then re-lists it or transfers title for a higher price, as that scenario does not involve the assignment of a Contract of Purchase and Sale.
Under foreclosure, your mortgage lender evicts you and takes title to your property, including all your equity.
That being said a lot of investors take title to a property personally, and after closing transfer ownership to an LLC.
The lovers purchased a home together, with Folds making a downpayment of $ 10,000 and Barber paying approximately $ 18,000 at closing, with Barber taking title to the property.
At closing, the buyer takes title to the property through the execution and delivery of a deed by the seller.
If a borrower goes bust, the lender takes title to the property, which, in theory, can be sold for more than the loan principal.

Not exact matches

Perth continues to take out the title of Australia's most affordable capital city when it comes to buying houses and apartments, driven by lower property prices and low interest rates, a report released today has found.
In their assessment of the pilot program, Lantmäteriet said they believe using blockchain will cut the time taken for writing a purchasing contract through to registering a property title from four months to a few days.
[Francis] took a shot at the media, saying newspapers had been «full of fantasies» about the trip, suggesting he was coming to «strip» the church — renouncing honorific titles, selling off properties, etc..
You own something only insofar as it is a matter of accepted convention that given the way you came to hold it — given public recognition of the title you have to the property — you enjoy public protection against those who would take it from you.
Since it was established in 2012, the land bank has taken title to more than 400 properties for back taxes, dozens of those homes have been rehabbed and returned to the tax rolls.
Talks of Amazon's newest online distribution branch into foreign territory would mean a gateway into a new catalog of foreign language titles, along with the opportunity to reach out into the South American book market without having to take on costly overhead, development of property, and the frustrations of a whole... [Read more...]
Title fraud is when someone steals your identity and uses it to either sell your house out from underneath you or take out a second mortgage on the property and waltz away with the money.
Bankruptcy filings: Homeowners may file bankruptcy immediately prior to a foreclosure sale or auction, which further delays a mortgage lender's ability to take title to the affected property.
In some instances of joint ownership, however, a deed is unnecessary, as the surviving spouse will automatically take full title to the property immediately upon the deceased spouse's death.
The trustee must identify and then take title to the trust's assets, keep accurate records, report to the current beneficiaries, execute and settle all transactions, protect and insure the property and defend the trust against claimants.
Apart from your motor vehicle and any accessories that are attached to it, the motor vehicle title lender can not take an interest in any other property you own as security for a motor vehicle title loan.
The reason the Exchange First must be utilized when new financing is required for the replacement property is that the new lender will usually refuse to fund a loan to purchase property unless the taxpayer is taking title to it.
At any time prior to such sale, the lender shall permit the borrower to redeem the titled personal property by tendering a money order or certified check for the principal amount of the title loan, interest accrued through the date the lender takes possession, and any reasonable expenses incurred to date by the lender in taking possession of, preparing for sale, and selling the titled personal property.
Title clearance: Before you can own or «take title» to a home, most lenders will require a title search of public property records to make sure there aren't any liens or issues with transferring the property into your name (which is rare, but if something does crop up, it's better to know that upfrTitle clearance: Before you can own or «take title» to a home, most lenders will require a title search of public property records to make sure there aren't any liens or issues with transferring the property into your name (which is rare, but if something does crop up, it's better to know that upfrtitle» to a home, most lenders will require a title search of public property records to make sure there aren't any liens or issues with transferring the property into your name (which is rare, but if something does crop up, it's better to know that upfrtitle search of public property records to make sure there aren't any liens or issues with transferring the property into your name (which is rare, but if something does crop up, it's better to know that upfront).
Real estate: If you purchase real property under an unconditional contract, you begin counting on the day you received title to the property or the day after you took possession and assumed the incidents of ownership, whichever is earlier.
Even when a property is resold quickly, or refinanced within a short period of time from the original purchase or most recent refinance, a new title search and title policy are needed because the owner could have taken actions that had an impact on his claim to the title, such as taking out a second mortgage or incurred a lien from unpaid taxes.
Title Should Be Received in the Same Way It Was Given Occasionally, an entity issue arises when an exchanger needs or wants to take title to the replacement property in a different manner than how it was conveyed on the relinquished propTitle Should Be Received in the Same Way It Was Given Occasionally, an entity issue arises when an exchanger needs or wants to take title to the replacement property in a different manner than how it was conveyed on the relinquished proptitle to the replacement property in a different manner than how it was conveyed on the relinquished property.
As such, the intermediary may need to acquire the replacement property by actually bidding in the auction and taking title to the foreclosed property.
A title insurance company makes sure your rights and interests to the property are clear, that transfer of title takes place efficiently and correctly, and that your interests as a homebuyer are fully protected.
The answer for this can be found in Oklahoma Statute, title 12 Section 95 that says that a person has two (2) years to bring their action against another for taking, detaining, or injuring personal property, including actions for the specific recovery of personal property.
Tina Aponte, owner, Royal Chundu Luxury Zambezi Lodge, takes a moment to speak to Breaking Travel News as the property is honoured with the title of Zambia's Leading Safari Lodge at the World Travel Awards.
Hard Rock Hotel Vallarta general manager Luis Entrala speaks to Breaking Travel News as the property takes the title of Mexico & Central America's Leading Beach Resort at the World Travel Awards Latin America Gala Ceremony 2017.
With the New York State property having taken the title of North America's Leading Exclusive Retreat at the World Travel Awards, representative Victoria Bruce - Miller here tells Breaking Travel News how it feels to have won.
Hamid Khachfani, general manager, Jannah Eastern Mangroves Suites, talks to Breaking Travel News about his hotel, the definition of luxury, and the title his property has taken at the World Travel Awards.
Again in 2014 the property took the title of Middle East's Leading Hotel, with the property moving forward to the World Travel Awards Grand Final, due to take place in Morocco at the end of the year.
Having just picked up the title of World's Leading City Hotel at the World Travel Awards, Swissôtel Krasnye Holmy general manager Marc Ohlendorf takes time out to discuss what the title means to the prestigious property.
Next to taking its sweet time with XCOM «s first - person shooter outing — now a 2013 title — 2K Marin is also chipping away on something else, an entirely new property.
Personally I agree and think that Nintendo should take more of a chance with their properties and be willing to get all Wind Waker and Metroid Prime and, what the hell, Mario 64 with their main titles.
Where the person advancing funds is unrelated to the person taking title, the law presumes that the parties intended for the person who advanced the funds to hold a beneficial interest in the property in proportion to that person's contribution.
It is true that, in a strict sense, a proceeding in rem is one taken directly against property, and has for its object the disposition of the property, without reference to the title of individual claimants; but, in a larger and more general sense, the terms are applied to actions between parties, where the direct object is to reach and dispose of property owned by them, or of some interest therein.
Therefore, Husband and Son were not entitled to take a second bite at the apple by defending themselves in the contempt proceedings on the ground that the subject properties were titled in the name of the LLC.
A codicil dated December 1, 2004 was executed providing that if Theadora died before title was taken to the property, title would be taken by Richard and the purchase would be funded by Theadora's estate.
Consider a large Oz bank who argued that it would take them 5 years to implement electronic lodgement of property title information.
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