Once a real estate deed is prepared by a licensed real estate lawyer, it needs the signatures of both parties. Then, the paperwork must be filed with the county representative or county recorder. It may take up to eight weeks for the deed to process, notes Realtor.com.Know More
A new deed is then mailed to the new owner of the property, explains Realtor.com. Property transfers between relatives are normally a quicker process. If the property is being transferred to a relative, a deed of release is required. The assistance of a notary is also required. Once the paperwork is signed and notarized, it needs to be filed with the county recorder. There may be additional steps required if the property is not completely paid off.
Another way to transfer or give away property is to declare ownership to another person in a will. In that case, after death, the property is transferred to another person. There may be additional taxes and fees depending on the state. A child may also inherit a property if his parent has no living spouse or will, states Beverly Bird for SFGate. However, this law varies from state-to-state. In most cases, if there is a living spouse, the property is inherited by that person.Learn More
An order to show cause is a court directive that requires one or more of the parties to a case to prove why the court should grant relief to the party, notes New York State Unified Court System. The order justifies why the judge should prevent another party from executing a certain action.Full Answer >
A divorce settlement conference involves a meeting between the lawyers and the judge where both parties try to settle their differences, according to Illinois law firm Gitlin & Busche. This type of conference occurs before a trial and before pre-trial case management proceedings.Full Answer >
A binding offer, according to Nolo, is any type of action that legally binds separate parties together under a contractual agreement. Contracts with offers take many forms, from simple to complex. For example, a simple binding offer is initiated by a cab driver who stops to pick up a passenger. The passenger accepts the offer of a ride and pays the driver, which creates a legally binding contract.Full Answer >
A civil lawsuit is a dispute between two or more people wherein all parties seek a legal ruling, according to the Administrative Office of the U.S. Courts. A civil case begins with a complaint filed by the plaintiff that is then served to a defendant.Full Answer >