what is probate in real estate
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Real estate probate is thelegal process following a homeowner death,where the property either transfers ownership to someone or is sold. It is another way of describing the proceedings by which a decedent will is processed in court ?a special court,nonetheless.
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What is the process of Probate in real estate?
Probate, at least from a real estate perspective, is another way of describing the legal process by which a decedent will is processed in court ?a special court, nonetheless. In the case of real estate, it typically refers to the previous owner respective home.
What does it mean when a will is probated?
1. Probate is a legal process Probate occurs when a will is reviewed and determined to be valid and authentic. This process also refers to the general administering of a deceased person will or the estate of a deceased person without a will.
What exactly is a probate sale?
But what exactly is a probate sale? Basically it means that the homeowner died without a will bequeathing the house to an heir. In most cases, this means that an estate attorney or representative…
What is real estate probate in New York?
Real estate probate is the legal process following a homeowner death, where the property either transfers ownership to someone or is sold. It is another way of describing the proceedings by which a decedent will is processed in court ?a special court, nonetheless.