Tag: real estate title
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Legal Title? Equitable Title? Your Stake in the Deed, and Why It Matters
Holding the title to real estate involves responsibilities and duties related to the upkeep, use, and control of a specific property. The name of the property owner, appearing in the public records, identifies the person with legal title. The person named on the deed has that famous “bundle of rights” (like the right to transfer…
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Your Child Will Be Your Successor in Interest. What Does This Mean?
A successor in interest may be the person who inherits your home or otherwise receives an ownership interest from you. It’s a person who takes on the rights and responsibilities connected with the deed. In short: A “successor in interest” is someone who acquires an ownership interest from another party. Your child would also be…
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The Easement on the Title: Can We Be 100% Sure It Still Exists?
An easement grants the right to use someone else’s property for a specified reason. You probably know this. But do you know the difference between a recorded easement deed, and the actual way an easement is used? Just because an easement deed is recorded, you might assume it still legally exists. And you’d likely be…
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My Dad Put My Nickname on the Deed: What Should I Do?
My dad passed away. His name and mine are on the home deed I just inherited from him. Here’s the issue. He put my nickname, Kathy, on the deed — though my actual name is Katherine. Do I need to change the deed? If so, can you tell me how? This kind of situation arises…
