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What type of deed is best for the seller?

A general warranty deed is the most common. Most home sales between strangers involve a general warranty deed. With it, the seller warrants that he has good title from the people who owned it before him, and he has the right to pass on good title to the buyer.

Can a personal representative be a beneficiary of a will?

The answer is yes, its perfectly normal (and perfectly legal) to name the same person as an executor and a beneficiary in your will.

What is a personal representatives deed Florida?

A Personal Representatives Deed is the form of deed commonly used in connection with the sale of real property owned by an estate.

What is the most common type of deed?

A warranty deed is a transfer of title where the seller pledges to the buyer that the property is owned free and clear of all liens. This deed is the most commonly used deed with the issuance of title insurance.

How do you appoint a personal representative in Colorado?

By Petition to the Court (Formal Proceeding). The Probate Judge, Magistrate or Registrar may appoint a Personal Representative and determine Heirs after notice to all Interested Persons and after hearing on any objections. If you need assistance with legal decisions, you should contact an attorney.

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What is reasonable compensation for a personal representative in Colorado?

Executor fees (Colorado does not have a statute governing the amount of executor compensation, which means that reasonable compensation can be determined by probate court. According to org a reasonable executor fee is about 1.5% of the estate);

What is the most common type of deed in California?

Today, Californians most often transfer title to real property by a simple written instrument, the grant deed. The word grant is expressly designated by statute as a word of conveyance. (Civil Code Section 1092) A second form of deed is the quitclaim deed.

What is the most commonly used deed?

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantors ownership and a legal right to sell.

How do I get rid of a personal representative in Colorado?

Once it is determined that there may be grounds for removing a Personal Representative, the interested party (the petitioner) must draft and file a Petition for Removal. The Petition must clearly lay out the grounds for requesting removal and provide the appropriate supporting documentation.

What type of deed is best?

A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.

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