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 Who thinks this mortgage bail out is BS?
This is total crap. I had a 1 year interest only loan that originated in August of 2005. My interest rate adjusted to a crazy number a year later ( when my plans to move again changed) almost ...


 How much money do i need to buy a house??
this might sound ridiculous but i really dont wanna RENT as i feel its a waste of money..im 20 years old and im finishing my 2 years at a community college..i have a relatively stable job with good ...


 I rent a condo in Florida and the owners are now selling. I would like to get out of my lease early.?
Is it possible to terminate my lease early? I am not comfortable with strangers coming into my home while I am away. I feel this is an invasion of privacy. My yearly lease is up on March 1. I ...


 The city wants to build a church behind my house?
This is a residential area and there are woods behind my house. They are supposed to have a public hearing on this. I do not want the church to to built just behind my house because of the noise and ...


 First time buyer (interest only or repayment mortgage)?
i am a first time buyer, looking for a 100% mortgage on the property. i am very new to this whole idea of mortagage. i want to know whether it is wise to go for interest only on a fixed rate for 5 ...


 Do you think the landlord will pick us to move in the house???? read?
well we looked at the best house, 4 bedroom in country secluded, huge house very very nice fenced in yard and all....
its 600 month+ utilities. we told him we could give him it all upfront in ...


 How can first-time buyers buy a home in So Cal where the average cost is over $700,000?
Our income is about $70,000 annually and we have no debt other than student loans. We have about $25,000 saved. In an area where an "okay" house will run you about $700,000 - how in the ...


 Do you think that the age of the house is important and I should be looking for newer house?
I Live in Phoenix, Arizona and I am in the process of buying a house. I have seen a house which I really like and it is built in 1988 but the house is in a very good shape. Do you think that the age ...


 Could we afford to buy land for £16,000 and build a posh property on it?
We're a small family, all with average wages. I myself am a full time student who also works part time at a call centre, my mum is a supermarket supervisor and her fiancé runs his own landscape ...


 Can they kick my out for this..?
I have gone over my lease several time and find nothing on it about this..

For the next few months I am going to be late with my rent. Two weeks each month late. There is a late fee of $1...


 Do I need a Lawyer while selling my house?
I am selling my house for cash to an investor.There is a small 15k loan on the house.This means the bank will be involved in the transaction.
The investor is doing most/all of the paperwork.
...


 I found evidence of someone sleeping in my new apt, when I went to leave the mattress.?
We had been there earlier today to clean and wash windows, etc. I locked all of the windows and the door before I left. Late tonight I was given a new bed by a friend and deceided to take it to the ...


 What to do what to do!!?
My credit score is at a measely 529 right now. A few yearas back i drowned my self in credit card debt totalling $5,000 that i couldn't pay back at the time but over the past 6 months i just ...


 How do i make 1000 dollars in two days?
I'm a single mom rite now with two kids and i want to move to this really nice house. I will have money next month but not right now i'm on disability and can't go back to work till ...


 Where can you find the most expensive real estate in the word?
...


 What happens if my rent was not paid and i had no lease can he pad lock my door without giving me 30 days?
...


 Who can help me with my tenant/landlord issue?
i have lived here for 7 yrs.+ and have been asking my landlord to fix things for at least 2 yrs. and have gotten some stuff fixed after constantly asking .anyway 4 to 5 of my electric outlets are bad....


 I need help purchasing our first home...but don't want to get in over my head...?
I live in southern california. I am looking to puchase a home but dont want to spend more than 300,000 with a 6% interest. Last year my husband and I made 60,000, but this year i expect to make ...


 How can I get rid off my roommate without getting lawsuit?
I just bought a house and I decided to rented out one bedroom to a 40 years old female. She does not pay rent on time and she is making excuses like " I'll pay you the next week" "...


 Will california house prices ever go back to cheap?
i was wondering because i moved out of state, and really want to go back. but im afraid of taking my whole life to pay off a home. compared to other states with cheap ...



lona54
Is a written agreement that two individuals have signed, notarized & filed at a courthouse a legal document?
this is in regards to a 50/50 ownership in a condo
                     
 




sunshine_today
Are they both on the title? there is no reason to have a second document if the title is in order.


sam21462
Rating
Yes, it is legally a document .... that has nothing to say, however, about the contents of it being legal and binding in any way. That would be up to a judge to decide if push came to shove.


redunicorn
Yes that is why it is signed and notarized.


realestatelawyer
Rating
Whether or not the document is legal depends on the purpose of the document. If the purpose is to show that Person A owns 50% of the condo and Person B owns the other 50%, then the document is legal as it concerns the agreement between A and B.

But if you are using this document to show other people that A and B are the owners of the condo, then the document is legal only if it describes the condo accurately and is recorded in the county office where deeds are recorded. Only then is it considered as accurate notice to the public.

So if you are Person A and you are having a dispute with Person B about who owns what percentage of the condo, then the document you describe is most likely legal and will be controlling as long as both have signed it and as long as you are already listed as an owner on the deed. But if you are Person A and you are trying to convince a bank that you are one of the owners of the condo, then this document by itself won't do the job. You would have to be listed on a deed for the condo and that deed would have to be recorded in the county office.


A R
As long as all conditions stated in the contract are legal, then the contract is binding and legal.


babyfeary
Rating
yes that is a leagally binding contract


Capndon
Rating
not necessarily. if the deal has substantial value then i think it should be on a bond of certain value. not the expert here but the law would want the deal to have taken place in a legal environment (so to speak) which demands some more paperwork. Otherwise nations could have been sold in a coffee shop!!! :) Better get more experts on this please.


bnbnbnb123
Rating
yes it is


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