Property Sold Our Without Owners Knowledge In Orange

State:
Multi-State
County:
Orange
Control #:
US-00167
Format:
Word; 
Rich Text
Instant download

Description

The Bill of Sale for Personal Property in Connection with Sale of Business serves as a legal document that facilitates the transfer of ownership of property related to a business transaction in Orange County. This form is particularly essential when property is sold without the owner's knowledge, ensuring that sellers declare ownership and that the buyer accepts the property in 'as is' condition. Key features include the details of the sale amount, a warranty disclaimer, and an acknowledgment of ownership free from claims. Users should fill in specific fields such as the transaction date, county, sale price, seller's details, and property description. For effective use, attorneys and paralegals should ensure the document is properly notarized. This form can be beneficial for business owners looking to sell or transfer assets, partners involved in business transactions, and legal assistants who need to draft or manage such documents. Resolving potential disputes regarding property ownership and ensuring clarity during property transfers are primary use cases that enhance its utility for all parties involved.

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FAQ

Now that the home is under new ownership, the property owner bears the responsibility of anything related to the property. The only way you could be liable at this point, is if something happens and the buyer can prove that you should have known about it, and therefore were responsible to disclose it to them.

Check with your county clerk. They may have a property fraud alert system for which you can sign up. Also let them know that you have experienced suspicious activity and that you believe someone may be trying to steal your title or other fraudulent activity. Talk to your title company, and mortgage company as well.

Public Property Records : Check your local county or city property assessor's website. Real Estate Websites : Websites like Zillow, Realtor, or Redfin often list recent sales in your area. Talk to Your Neighbor Real Estate Agents

It is technically impossible for anyone to sell your property without your explicit signed consent.

In most cases, it is not possible for someone to sell your house without your knowledge or consent, especially if they do not have a power of attorney. A power of attorney is a legal document that grants someone the authority to act on your behalf, and it can include the power to sell your property.

If you discover material defects after the real estate transaction has closed, you may have an action for breach of contract. A qualified, local real estate attorney with experience in housing and construction defects can help you understand your rights and draft an appropriate demand letter.

Post-sale statute of limitations for liabilities Here are a few examples of the statute of limitation periods in five states: California: 4 years for written contracts, 3 years for property damage.

California: 4 years for written contracts, 3 years for property damage. Florida: 5 years for written contracts, 4 years for property damage. Texas: 4 years for written contracts, 2 years for property damage.

The legislators don't want you dragging the seller into court 20 years after the sale, when no one recalls what happened and evidence might be long lost. Most statutes of limitations are somewhere between two and ten years, but this will depend on where you are and what type of claim you have.

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Property Sold Our Without Owners Knowledge In Orange