Combine Payment Deed For Free

If your name is on the mortgage, but not the deed, this means that you are not an owner of the home. Rather, you are simply a co-signer on the mortgage. Because your name is on the mortgage, you are obligated to pay the payments on the loan just as the individual who owns the home.

In the law of real property, the merger doctrine stands for the proposition that the contract for the conveyance of property merges into the deed of conveyance; therefore, any guarantees made in the contract that are not reflected in the deed are extinguished when the deed is conveyed to the buyer of the property.

Two separate parcels are considered two lots, not one. Often a lot is sized for a single house or other building. Many lots are rectangular in shape, although other shapes are possible as long as the boundaries are well-defined.

You are not the property owner when your name appears on the mortgage but not on the deed. Your role on the mortgage is merely that of a co-signer. Because your name appears on the mortgage, you are responsible for making the payments on the loan, just like the property owner.

The vast majority will not have an issue if you wish to combine to houses or flats. Once the two dwellings are converted into one, you might opt to apply for a certificate of lawfulness. If you are in a listed building, you will need listed building consent before undertaking any internal works.

A lot consolidation plat is essentially a re-mapping of two or more adjacent lots or parcels of land, combining them into one larger parcel. (This is effectively the reverse of a subdivision plat, in which a larger property is subdivided into multiple lots.)

Yes, can be done. Semi detached houses generally have a double wall between them. There will obviously have to be money to the semi-detached neighbours (probably why they are interested). Make sure that you have a good solicitor involved in the negotiations and paperwork.

When you want to combine two or more pieces of land to create a larger property, you're essentially looking to create a land assembly. Think of it as buying multiple sites with potentially different zoning rights and merging them into an ideal parcel for a specific property development project.

Other disadvantages include the possibility of the seller going bankrupt, going missing or dying, which would put the property into probate and jeopardize the buyer’s contract.

Disadvantage #1: The title does not automatically pass to the purchaser in a land contract. Disadvantage #2: The seller could be held legally responsible for inspection issues with local or state authorities. Disadvantage #3: Forfeiture of a land contract by the purchaser is a fairly common occurrence.