Sentences with phrase «transferring legal ownership»

If the animal's owner isn't found and you'd like to adopt him yourself after the stray holding period is up, your local shelter can help in the process of transferring legal ownership.

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

Finalizing the sale of the property involves completing the financial agreement and transferring legal ownership.

Tek wants to separate the Yuz from his personal estate that will pass to his large family and hopes to transfer legal ownership of the museum to a foundation with a board of trustees.»

While it is the normal practice for the buyer's lawyer or notary to prepare the documents necessary to transfer the legal ownership, it is recommended that you, as the seller, engage legal counsel to act solely on your behalf.

Not exact matches

A legal business entity can live on indefinitely until it sells or transfers ownership, merges with another business or shuts down.

This is a form of re-colonization that does not need any military intervention; it is done unceremoniously by a mere legal transfer of ownership of the shares of enterprises, helped by the previously mentioned international agencies built around the UN system.

Examples of transactions include the issuance of a purchase order as a legal contract and the transfer of asset ownership.

Two years earlier, legal ownership of BHS and Arcadia was transferred from Green to his wife.

Cars.com expressly reserves the right to release any personally identifiable information or other information you provide to third parties under the following circumstances: (a) when required by law or legal process, (b) to investigate and / or take action against illegal activity, suspected abuse or unauthorized use of the Site, (c) to protect the property or safety of our users or others, (d) to enforce our Terms of Service and (e) in connection with any sale or other transfer of ownership of all or a part of Cars.com.

While it would be foolish for a professional designer to reused custom work regardless of any legal document, ask the designer to transfer to you in writing ownership of, or an exclusive license to use, the final cover in all formats and technology.

Transferring ownership (legal title) of the decedent's property to the beneficiaries (heirs) listed in the will or according to state intestacy laws if there is no will.

At the closing or settlement, you sign legal documents, make your own down payment and pay closing costs, at which point ownership of the property is legally transferred from the seller to the buyer.

Deed A legal document that transfers ownership of a property title from one person to another.

That's because transactional costs for real estate are very high — factor in land transfer taxes, realtor commissions, legal fees, insurance and moving costs, and quite quickly the price tag for ownership adds up.

Deed: A legal document that transfers ownership from the seller to the purchaser (you).

For example, Tower Federal Credit Union will have someone perform a title search to make sure the seller has a legal right to transfer ownership, and to see if there are liens or restrictions on the property.

For example, we will have someone perform a title search to make sure the seller has a legal right to transfer ownership, and to see if there are liens or restrictions on the property.

You can also use the word as a transitive verb to describe the conveyance of property, which is the legal process of transferring ownership in real property from one owner to another.

Transferring ownership to a LLC is transferring to a different legal entity (as opposed, for example, to putting your property into a liTransferring ownership to a LLC is transferring to a different legal entity (as opposed, for example, to putting your property into a litransferring to a different legal entity (as opposed, for example, to putting your property into a living trust).

Florida 529 Savings Plan ownership can be transferred at any time to an individual 18 years of age or older and a U.S. citizen or legal U.S. resident.

When taking custody of dogs already in the legal possession of an owner or organization, the Pit Bull Rescuer will require the submission of a signed surrender form which clearly states transfer of ownership to the Rescuer.

For example, in cruelty cases, abusers may relinquish their animals in one of two ways: voluntarily, whereby a legal transfer of ownership agreement is signed by the owner; or involuntarily, whereby a search and seizure warrant is written by a judge and presented by law enforcement officials.

In the event that a change in legal structure (e.g., Sole Proprietor to incorporated) or changes in ownership of a business occurs, transfer of points to the Scotiabank credit card replacement account that earns points will be allowed.

At the end of the project, Parreno and Huyghe transferred Annlee's copyright to a foundation belonging to her alone, bringing an end to the project but giving her legal ownership of her own image.

The most basic way of transferring ownership is through a Bill of Sale, a legal document that represents the contract between the buyer and the seller stipulating an exchange of property (real estate) for currency.

A document, other than a transfer of ownership, a charge or a discharge, won't usually create a legal interest in land, unless it's sealed.

However on 6 July 2011 Nakheel announced that it had signed agreements on its operational and financial separation from Dubai World and legal ownership will transfer to the Government of Dubai upon completion of Nakheel's and Limitless's financial restructuring.

The law governing lawyers, that prohibits lawyers from sharing legal fees with nonlawyers and from directly or indirectly transferring to nonlawyers ownership or control over entities practicing law, should not be revised.

Conveyancing is the term for all the legal and administrative work involved in transferring ownership of land and buildings from one person to another.

Law firm succession is about successfully transferring ownership and legal reputation to the next generation.

When transferring ownership, the IRS also requires you to forfeit all legal rights to the policy.

Legal work, which involves tracking transfer of ownership, will also be made more efficient through implementation of distributed ledgers.

In 2018, we can expect to see blockchain being applied towards managing the legal side of transfer of ownership.

Propy is approved by the Ukraine government and was the first in the country to facilitate legal blockchain real estate purchases, registry and ownership transfer on the blockchain.

While selling a high - value against Bitcoin is not a big deal, ensuring the right paperwork and legal transfer of ownership, etc., against cryptocurrency payments is something that is mostly unexplored by the majority.

In between there are a myriad of steps that need to be completed from the listing and showings to the exchange of funds and the legal contracts that transfer home ownership.

For real estate lawyers, the reason for verifying home ownership information is clear: the real estate lawyer is charged with the task of closing the legal aspects of the real estate transaction, including transferring title.

For example, we will have someone perform a title search to make sure the seller has a legal right to transfer ownership, and to see if there are liens or restrictions on the property.

This California Quitclaim Deed complies with California's legal requirements and allows owners to transfer their housing ownership to others.

On that day, legal ownership will transfer from the old owner to you in exchange for the purchase price of the home.

Because the Parcel Register * reveals, as of the date of the search, who the legal homeowners are, the legal description of the property, the property identification number of the property, type of ownership, percentage of ownership, dates, registration numbers and amounts of registered encumbrances like liens, charges (mortgages), transfers and more...

Legal Fees — The transfer of home ownership from the seller to the buyer must be recorded in the Land Title and Survey Authority Office in order to protect the new owner's interests.

Closing (also called settlement) is the legal transfer of property ownership.

A family limited partnership, or FLP, provides legal protections for rental income property and also offers a way to transfer the rental property ownership from senior family members to future generations — sometimes reducing the tax liability for the family members receiving the rental property.

Closing Disclosure statement - details all funds changing hands between the buyer and seller Truth in Lending statement - a final summary of the terms of your loan Mortgage note - a legal obligation to repay the lender according to stated terms Deed of trust - the legal transfer of ownership; gives the lender a claim against your home if you fail to meet the terms of the mortgage note Affidavits - any binding statements by the buyer or seller Riders - any contract amendments that impact your rights Any additional documents required in your state