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A Vermont enhanced life estate deed (aka lady bird deed) allows a real estate owner to name a grantee who will inherit their property after their passing. This type of deed transfers the grantors interest in the property without any probate administration, in contrast to naming a beneficiary in a will.
You will have to list your house with a Vermont state licensed flat fee MLS real estate broker and offer a buyers agent commission but you still retain the right to sell FSBO.
But the question is can a buyer and seller use the same real estate lawyer? Technically speaking, no! However, they can hire lawyers from the same law firm. As per the laws of the Law Society, an attorney cannot represent both parties simultaneously to avoid any possibility of conflict of interest.
More information on lasting powers of attorney. A lasting power of attorney (LPA) is a way of giving someone you trust, your attorney, the legal authority to make decisions on your behalf if you lose the mental capacity to do so in the future, or if you no longer want to make decisions for yourself.
The states that require a real estate attorney to be involved include Alabama, Connecticut, Delaware, District of Columbia, Florida, Georgia, Kansas, Kentucky, Maine, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, New York, North Dakota, Pennsylvania, Rhode Island, South Carolina, Vermont, Virginia
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People also ask

Vermont does not allow real estate to be transferred with transfer-on-death deeds.
The essential documents you need to sell a house Title register plan documents. Proof of ownership. Energy performance certificate (EPC) Lease. Contract for sale Transfer deed.
Yes, a buyer and seller can use the same lawyer in a real estate transaction. Both parties must consent to that arrangement and need to be informed of the possible drawbacks. These include: there is no confidential information relevant to the deal between the parties.
Do All Estates Have to Go Through Probate in Vermont? Most estates in Vermont will need to go through probate. Unless they are included in a living trust, they will need to go through a legal process to have the assets transferred to the heirs.
Tenancy By The Entirety A tenancy by the entirety is a particular method of ownership that is available only to husbands and wives, at least in Vermont. A title held as a tenancy by the entirety cannot be conveyed without the consent of both of the titleholders.

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