Can a Landlord evict you without notice prior to your "intent to vacate" and then claim damages? |
| We had filed a 30-day notice for an intent to vacate a premise, with an agreement on the remainder of the rent. some 5 days before the notice date we get a phone call from them saying "The ... |
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What are good LEGAL reasons that can be given to a tenant if you decided NOT tor renew their lease? |
| Property is located in Chicago and wish not to renew lease of tenant. Rent is current. Previous issues with persons other than those listed on the lease residing in the apartment. Please Help!... |
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Is this legal!!?? |
| I work at a real estate agency and a closing is going down. The old lady signing her name doesnt even know whats going on!! She is talking about she cant control her hands and is falling asleep. She ... |
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If you own a piece of land, how far underground does it extend? |
Like if you were to build land in the city, they could probably put an underground railway through it without your knowlege or approval Im guessing. Additional Details I live in the UK, ... |
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Is it better to buy a home from the owner or go through a realtor? |
| My husband and I are thinking about buying our first home. Is it better to go thru a realtor or if the home is in real good condition, just go through the owner? Also, if we were to go with getting ... |
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First time buyers, nightmare?? |
| After looking into buying our first house found out repayments on a mortgage would be £750.00 a month on a average price house, so looks like going to stay renting... and maybe keep on renting to ... |
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Can my Landlord charge me $1500.00 because the pipes burst, when I didnt have any heat.? |
| 2 weeks ago it was FREEZING here in Chicago. Can my landlord make me pay for the new pipes. I didnt have any heat and all the pipes froze. He says its my fault. Is that right what can I do??... |
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Renting in CA, is a broken hot water heater considered uninhabitable? |
Hello, I’ve been renting from my landlord since 3/26/08. Our hot water heater broke on 4/4/08. when we called the landlord, she said to call PG&E.
I make an appointment for the ... |
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House overrun by ants, landlord won't do anything? |
| I just went to visit a friend yesterday and her house is overrun by ants. Her landlord had just sprayed the outside last week, and now there are ants everywhere indoors. She told me that she had ... |
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We offered $79,000 on a house listed for $89,900 last night. They came back today with a counter of $84,000.? |
| According to my research they bought the house 2 years ago for $50,000 and put maybe $3,000 in it. Please advise on counter offering process and hw much to counteroffer. Its in a desolate kind of ... |
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Landlord will not repair stove - what steps should I take? |
| I have been living in my apartment now for 5 months of a 13 month lease. When I moved in - the stove was not operating correctly (the stove literally burns everything - there is something messed up ... |
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Can a property be put in several names (UK)? |
| Can a property be put in as many as five names, meaning they are all part owners of the property?... |
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Offer on house if it's accepted.... please read on? |
| Hi im viewing a house today, judging by the pics, size and area i am very interested and i am looking at putting an offer in. (Might change my mind when i see it thought lol) If the offer is accepted ... |
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Can anyone tell me anything about mortgages ? |
we are thinking about buying for the first time but have no idea thow to go about it and dont want to get ripped off we earn £4380.00 a month and would need a 3 or 4 bedroomed in sheffield uk
... |
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Can a landlord LEGALLY evict you from your apartment if they found drugs in your CAR? |
| My friend's sister & her boyfriend got evicted from their apt. because their neighbor was peeping through their car & found weed & snitched about it. Now, they're coming to ask ... |
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What % of my salary, should be assigned to pay for a mortgage? |
| For example, if I earn $8,200 gross monthly ($4,200 fixed from salary) ($4,000 from comissions) what percentage of my salary should be used to pay for a monthly payment, and what price should I look ... |
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havlon321 | My name is on title and not the mortgage, if I move out what happens? |
There are 3 of us, all "freinds", on the title but the mortgage only has one name on it. My "friends" are being dumb and I want out. If I move out what happens? Can I remove my name from the title? |
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anirbas
 |
If your name is not on the mortgage then you may not be liable for the debts incurred on the house.
If your name is on the title then you have a stake in the assets of the house.
It seems you are sitting pretty. |
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elmo o
 |
the answere is yes, but why do you want to ?
you own 1/3 of the house, and you have no LEGAL (not moral) obligation,
move out, you have absolutely nothing to loose, and bux to gain.
if they want to be stinkers, tell them to buy you out at nest years price. if they are cool, sell at this years price.
depending on what dumb, means, in the legal section of the paper, you may file a notice of nontenancy. different jurisdictions recognize this.
all it has to say is i don';t live here anymore and state the effective date. this partially shields you from procecution id regular illegal activities occur.
it does not protect you from loosing the equity position you have , but so what. your equity is going to grow at no cost to you if you move out. |
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Persian Bellezza
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OMG are you serious ??? You are in a pretty comfortable situation. If you are on the title that means that you have a right to the property. They cannot sell or do anything to the house without your consent. If they want to sell it, then they have to quitclaim you off. that is a legal document that you can get from a title or escrow company. Then this has to be recorded at the CITY 's recorders office , which costs around 12 bugs to make it official.
But since you are NOT on the mortgage that means that you have no responsibilities whatsoever in paying the debt. which is fabulous.
So now you have to be honest and fair, did you contribute anything to buying the property? if Yes, then you should have them pay you for your share and the quitclaim off.
If not, then you can just quitclaim off either way... but know that you are potentially giving up alot of money. Because depending on how long you have been owning this house, the property valure might have gone up and you could be eligible for a pretty big chunk of cash.
Make sure you dont sign anything without proper legal advice. find an escrow company close to where you live and have them help you out.
Hope this helps :) |
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tsopolly
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You can do a quit claim deed. That will get you out, but it means you give up an right to equity if the others sell the house. |
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MRabbit
 |
If you're not on the mortgage then you're not responsible for the debt which I would assume is one concern. Unless of course you and your friends had an agreement outside the mortgage that you would all be responsible for the debt. An attorney would be able to draw up a "quit claim" taking your name off the title. |
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blessedtexasmom
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I would check with mortgage company to make sure that you aren't on there. If you are, your friends would have to get a new mortgage without you included to have you removed. I would call a title company to see what you need to do to get your name off of the title. |
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more than a hat rack
|
why not kick your "friends" out.
yes, you are legally and financially obligated. your credit is the one that will suffer. the title is probably restricted since you have a mortgage, assuming you put the title up as collateral (most probable).
you can remove your name from the title, when you sell it. |
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Loli M
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Depends a lot on your state. I'd chat with a real estate lawyer to make sure there aren't any loopholes to catch you up. |
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petersenmarilyn@sbcglobal.net
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Being just on title is not a problem but did you put any money down to help purchase the property if you did you need to protect your investment and make sure taxes and insurance are being covered. You can remove your name but you need to find out what purpose your name was on their to begin with. |
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bathagent
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You can give them a quitclaim deed and take yourself out of the house picture, but have you been helping paying the mortgage? Then you are entitled to some of the equity. At the very least ask them to buy you out. |
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Brian
 |
nothing excitting |
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open4one
 |
The only way I can imagine that your name is on the title but not the mortgage is if one took title and signed the mortgage and later signed over part of their interest. If that's the case, it means you are not personally obligated on the mortgage, BUT your interest in the house is still subject to the mortgage, meaning if they foreclose on it, you're a party to it, and it will appear on your record. However, if there's a deficiency on it, it will not affect you.
I think you might want to spend a few hundred and hire a lawyer. Find out the truth about the status of title. If you are, in fact, on title and they are going to screw up on the mortgage, simply Quitclaim it back to whoever put you on title and be done with it. |
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