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What is the disadvantage of selling through contracts?

A disadvantage to the seller is that a contract for deed is frequently characterized by a low down payment and the purchase price is paid in installments instead of one lump sum. If a seller needs funds from the sale to buy another property, this would not be a beneficial method of selling real estate.

How much does it cost to transfer a deed in WV?

The basic filing fee to record a West Virginia deed is $27.00, which includes a $2.00 preservation fee. The clerk charges an extra $1.00 fee for each page beyond five pages. A deed transferring real estate for consideration costs an extra $20.00 fee.

Does WV have dower rights?

43-1-1. Dower and curtesy abolished. The estates of dower and curtesy are abolished. The West Virginia Code Online is an unofficial copy of the annotated WV Code, provided as a convenience.

Who gets the house in a divorce in WV?

The general rule is that marital property should be divided in half between the husband and wife. This rule applies unless there is a good reason that one spouse should have more or less than half.

Which states are dower rights states?

What Are Dower Rights? A dower right is a real estate interest intended to protect a spouse who does not hold title. Ohio, Arkansas and Kentucky are the only states that retain dower rights.

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