PropertiesMagazine.com Real Estate Blog » Law & Ethics http://propertiesmagazine.com/blog Properties, Real Estate, Homes Information Wed, 27 Oct 2010 17:17:21 +0000 en hourly 1 http://wordpress.org/?v=3.1.4 What happens to my estate in this scenario? http://propertiesmagazine.com/blog/index.php/what-happens-to-my-estate-in-this-scenario/ http://propertiesmagazine.com/blog/index.php/what-happens-to-my-estate-in-this-scenario/#comments Sun, 28 Mar 2010 03:58:23 +0000 admin http://propertiesmagazine.com/blog/index.php/what-happens-to-my-estate-in-this-scenario/
baldyphil


My wife is older than me. She has made a will, I haven’t. Our total assets are about £250,000. If we both die together at the same time does our estate go to:
1. Those named in her will because she’s made one & I haven’t.
2. My next of kin because I’m younger
3. Neither of these, in which case please elaborate.
Thanks.
I hadn’t realized it varied by country. Thanks to the US contributors but I should point out I am a UK citizen, therefore I guess the answer should be what happens under UK law.

]]> http://propertiesmagazine.com/blog/index.php/what-happens-to-my-estate-in-this-scenario/feed/ 5 What is a Personal Representative of an estate settlement? http://propertiesmagazine.com/blog/index.php/what-is-a-personal-representative-of-an-estate-settlement/ http://propertiesmagazine.com/blog/index.php/what-is-a-personal-representative-of-an-estate-settlement/#comments Thu, 03 Sep 2009 23:11:23 +0000 admin http://propertiesmagazine.com/blog/index.php/what-is-a-personal-representative-of-an-estate-settlement/
cwsmith


What does a Personal Representative of an estate settlement do? Are they the ones that cuts the checks from an estate settlement? Or does the lawyer do that?

]]> http://propertiesmagazine.com/blog/index.php/what-is-a-personal-representative-of-an-estate-settlement/feed/ 1 Is it common for estate agents to state false offers to potential buyer to boost the price of a house? http://propertiesmagazine.com/blog/index.php/is-it-common-for-estate-agents-to-state-false-offers-to-potential-buyer-to-boost-the-price-of-a-house/ http://propertiesmagazine.com/blog/index.php/is-it-common-for-estate-agents-to-state-false-offers-to-potential-buyer-to-boost-the-price-of-a-house/#comments Fri, 26 Jun 2009 22:01:42 +0000 admin http://propertiesmagazine.com/blog/index.php/is-it-common-for-estate-agents-to-state-false-offers-to-potential-buyer-to-boost-the-price-of-a-house/
steve h


e.g. You are about to put an offer on a house so you ask the estate agent what offers have been pt down already. Can they make this up to prevent you from putting a low offer in?

]]> http://propertiesmagazine.com/blog/index.php/is-it-common-for-estate-agents-to-state-false-offers-to-potential-buyer-to-boost-the-price-of-a-house/feed/ 1 What happens to an estate that goes unclaimed for over 100 yrs? http://propertiesmagazine.com/blog/index.php/what-happens-to-an-estate-that-goes-unclaimed-for-over-100-yrs/ http://propertiesmagazine.com/blog/index.php/what-happens-to-an-estate-that-goes-unclaimed-for-over-100-yrs/#comments Wed, 29 Apr 2009 13:16:42 +0000 admin http://propertiesmagazine.com/blog/index.php/what-happens-to-an-estate-that-goes-unclaimed-for-over-100-yrs/
Confused


Can someone tell me what happens if the heirs to the inheritance never stepped up and claimed the estate?

]]> http://propertiesmagazine.com/blog/index.php/what-happens-to-an-estate-that-goes-unclaimed-for-over-100-yrs/feed/ 2 Is a real estate broker suppose to diclose a death in a home? http://propertiesmagazine.com/blog/index.php/is-a-real-estate-broker-suppose-to-diclose-a-death-in-a-home/ http://propertiesmagazine.com/blog/index.php/is-a-real-estate-broker-suppose-to-diclose-a-death-in-a-home/#comments Mon, 27 Oct 2008 03:01:23 +0000 admin http://propertiesmagazine.com/blog/index.php/is-a-real-estate-broker-suppose-to-diclose-a-death-in-a-home/ real estate
tstep_1868


This pertains to Oklahoma Real Estate Law, and if they are not suppose to and they do, what are the consequences?

]]> http://propertiesmagazine.com/blog/index.php/is-a-real-estate-broker-suppose-to-diclose-a-death-in-a-home/feed/ 2 What are the requirements to obtain real estate by adverse possession? http://propertiesmagazine.com/blog/index.php/what-are-the-requirements-to-obtain-real-estate-by-adverse-possession/ http://propertiesmagazine.com/blog/index.php/what-are-the-requirements-to-obtain-real-estate-by-adverse-possession/#comments Thu, 19 Jun 2008 02:58:05 +0000 admin http://propertiesmagazine.com/blog/index.php/what-are-the-requirements-to-obtain-real-estate-by-adverse-possession/ real estate
interested asked:


Adverse possession relating to real estate, are there specific requirements in the state of AR to acquire the real estated in question.

]]> http://propertiesmagazine.com/blog/index.php/what-are-the-requirements-to-obtain-real-estate-by-adverse-possession/feed/ 1 How can you become a real estate agent if you are a felony in north carolina state? http://propertiesmagazine.com/blog/index.php/how-can-you-become-a-real-estate-agent-if-you-are-a-felony-in-north-carolina-state/ http://propertiesmagazine.com/blog/index.php/how-can-you-become-a-real-estate-agent-if-you-are-a-felony-in-north-carolina-state/#comments Sat, 19 Apr 2008 13:59:24 +0000 admin http://propertiesmagazine.com/blog/index.php/how-can-you-become-a-real-estate-agent-if-you-are-a-felony-in-north-carolina-state/ real estate
Claudia B asked:


I am asking this question because of a friend
and she is trying to become an agent in Real Estate in North Carolina. Will she have to seal her records in order to do it.

]]> http://propertiesmagazine.com/blog/index.php/how-can-you-become-a-real-estate-agent-if-you-are-a-felony-in-north-carolina-state/feed/ 1