 Flatmare refusing to pay rent.? |
My flatmate is refusing to pay rent, however she has signed a joint lease but the rent comes off my account.
She quit her job and now has no money but she's refusing to contribute ot rent, ... |
|
 Can i sue my previous landlord for this? |
| My previous landlord is trying to sue me for damages to the house and not paying rent when they kicked us out 3 months before the lease is up. Also they kept the security deposit that I was promised ... |
|
 Customer wont pay? |
| I have just fitted a kitchen for a customer and they are refusing to pay. The kitchen was fitted last week and the money was due today but they say there is a scach on the work top so they are not ... |
|
 How does paying down a huge amount on my mortgage affect my payments? |
If i buy a house for 300k, put down 30k and get a loan/mortgage for the remaining $270k . if 1 year later
i pay off a big amount of about 50-60k on the loan, will that help my loan payments at ... |
|
 How do I get my landlord to stop the flooding of my apartment? |
| I have a townhouse that has a porch and sliding glass door. Twice since i've lived there and we get heavy rains, the water comes in from underneath the carpet by the door. The first time it ... |
|
 As a tenacy with contract of one year how long notice i ha to give to may landlord as i lived 6 month? |
| I lhave a contract of one year in a property in uk i benn living about 6 months now i need to give notice to my landlord do i give one month notice or 2 months?... |
|
 How to change from a 30 yr mortgage to 15 year? |
I bought a house a year ago and am in a 30-year mortgage. I was just looking at a 30 vs 15 year calculation and the 15 year mortgage is only about $100 more a month.
Can this be right? The loan ... |
|
 My lease ends July but, my apartment says I cannot get out of the lease until September.....? |
| My lease ends July but, my apartment says I cannot get out of the lease until September because I didn't give them a heads that I was leaving on July. Is that true?... |
|
 Once the old house is purchased how many years can you sew last owner for hidden faults? |
| we bought the house last year only to find out that the floors are completly rotten under ceramic tiles as well as the floor in the basement under carpet. Rotting is due to water entering over ... |
|
 For all builders out there honest questions no stupid ones? |
| we hv just moved into property owned by housing assoc brand new were told not to do anything repairs for a year time is up now by law what should they be doing bearing in mind there are cracks ... |
|
 How low will House Prices crash to? |
| How much are house prices going to drop in the next year? First time buyers need up to 50% to make them affordable... will they get there?... |
|
 Landlord Issues!!!!!!!!!? |
Our Landlord comes round all the time to check up on us - thinks were ruining the place but the letting agent thinks our house is neat and tidy.
Its getting a bit annoying having him come ... |
|
| Double standard with mortgages? Why did my "friend" tell me that I wouldn't get approved for mortgage? |
| Okay my friend is 18, in college, and works at BEST BUY(she has savings though) yet she got approved for a $200K mortgage with $40K down. (the house is for her + her mom; she's splitting the ... |
|
 What does 1.5 bathrooms mean? |
I am trying to rent a room in another city for the first time.
i found a room in a shared townhouse that says:
- One big bedroom in a 4 bedroom townhouse
- 1.5 bathrooms
I dont ... |
|
 Mortgage interest rate. Should I lock now? |
| I applied for a mortgage today and got a rate of 6.0% if I lock today (I still did not). This is a 30 year/fixed, 20% downpayment and I have to pay down 2.75 points to get this rate. There is no ... |
|
 Whats important to you when you buy a house? |
| I know different people are looking for different things, but whats important to you when your buying a house? The size of the kitchen or bathroom, the garden? What makes you want to buy that house?? ... |
|
 Can I buy a house even though I'm only 18? |
Will there still be a problem if I pay cash? Is there an issue if I have so little credit willl it still affect me?
Additional Details
If i go away to college will it affect me even ... |
|
 What is the average monthly mortage payment for a house that costs $350,000? |
Additional Details
I am buying a 5 bedroom $350,000
house and i need to find out what the average mortage payment is.
I have a monthly income of $8,333.40.... |
|
|  |
Cindy H | How do I get a Quit Claim Deed? |
My name is on the deed but my son lives there and pays mortgage |
 |
 
noneofyourbizwax
|
Any attorney should be able to draw one up. Just make sure it's notarized. |
|
mrs_palmenator
|
Most stationery stores sell blanks and you can find them on line. You may also have one prepared by an attorney. Keep in mind that if you are on the mortgage note, a quick claim deed will not release you from the liability of that debt. Your son would need to refinance in order to remove your name from the loan. |
|
newmexicorealestateforms
 |
Be aware that if you are on the title and you change it from you to your son, you will no longer have title even if you use a Quit Claim deed. If you are merely looking for a deed form go to www.realestateformnm.com they have hundreds of forms and will have the deed you need. |
|
I Drive a Mini
 |
You need to explain your situation better. Are you wanitng to get your name off of the deed? Your sons name on? Basically it sounds as though you are letting your son "rent" the home from you. If some one else, say a non family member was living there, and paying the mortgage payment, it would be considered a rental proerty..... I just need more info... |
|
Justalittlesexy
|
You just go down to the courthouse and sign it over. |
|
Bobby D
|
You can get a blank quit claim deed form at any business/office supply store. They are pretty easy to fill out. It's been a while since I've needed one, but from what I recall, it's not hard to fill out. |
|
Skip
|
There are quit claim deeds all over, stationary stores, staples, office depot as well as online.
As I understand it your son lives with you and make the mortgage payments each month. Also I assume that he is not on the mortgage.
Why do you want to add his name to the deed? You lose control of your property that way. I have heard of nightmares where the parents added children to the property, then wanted to do something with the property, but had to get the childs approval since they are now on the property.
They will tell you that oh don't worry about it add my name to the deed things will be alright, but if for some reason you wanted to refinace, you would have to get your son's permission.
Then there are the tax consequences that arise from added your son by Quit claim deed that are not there using a trust.
If you want to ensure that your son get the property in the event that something happens to you, but you still want to control the property, get yourself a revocable living trust and make him the trustee.
You may have to get a par-legal to prepare one or an attorney, they normally cost about $350-$500 to prepare. If you went to a title company to get your quit claim deed recorded properly it would cost about $200 so add another $100 to it and do it so you will still have control of the property. In the event that something does happen to you this method will prevent your son from going through probate, but it will leave you in complete control of your property.
I hope that this has been of some use to you, good luck.
"FIGHT ON" |
|
hithere2ya
|
Careful! You're about to incur some taxes. That is considered a gift, and if over $11,000 an excess gift tax will apply. You can gift a portion annually to your son and if married your wife may do a like gift. If your son is married, you both may gift to them both up to $44,000.00 annually w/o tax consequences. See an estate attorney for assistance. Alternately an accountant can lay it out but then again you'll need an attorney for the legals,
And
Best to have an attorney or title company prepare the quit claim deed. If you make a mistake you will possibly have to go to court to un-do the mistake and suffer greater expense than it would have cost to do it right up front.
There is a saying that doctors should not treat themselves. That is wise for other applications as well when you lack the expertise to do the job. It is then a professional is the least cost to you. |
|
Happy1
 |
download from internet. www.ask.com |
|
stevemorbitzer
|
You do not need a Quit Claim Deed unless there is someone else on the deed. If your son is on the deed and paying the mortgage you might have a hard time getting him to agree to leave an investment he’s been paying for. But, to answer your question, the other person has to agree to “quit his claim”, hence Quit Claim, to the property. Call your local real estate lawyer or title insurance company. They can help you through it. |
|
10 pts for me?
 |
I would go to the title insurance company, they should have one and may even help you with filling it out.
Do keep in mind that if your name is on the mortgage too you are still liable for that loan. You may want to reconsider taking your name off the title of the house if this is the case. Basically you will be responsible for a mortgage on a piece of property that you do not own. If anything were to happen to your son (God forbid) you would have to make the payments but would not be able to sell the house. It could get really complicated. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
11 | 40 minutes(s) ago
| | | |
11 | 55 minutes(s) ago
| | | |
11 | 3 hour(s) ago
| | | |
11 | 7 hour(s) ago
| | | |
11 | 8 hour(s) ago
| | | |
11 | 11 hour(s) ago
| | | |
11 | 2 day(s) ago
| | | |
11 | 4 day(s) ago
| | | |
11 | 2 week(s) ago
| | | |
11 | 3 week(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
