0
You cosigned for your father on his house and now he asked you to sign a quitclaim deeding the property to his name only As a cosigner are you entitled to any compensation even though you paid zero?
Wiki User
∙ 16y ago
You have no financial claim on the property unless you are named on the deed. If you are named on the deed what amount if any you are entitled to depends upon how the deed is worded and the laws of the state in which the property is located
Always keep in mind, when cosigning for anything it only means that you are accepting the responsibility for repaying the debt if the primary borrower defaults on the agreement not that you have a legal right to the property.
Exactly! if you sign that quit claim you will be responsible for the loan but not entitled to the home in the event of foreclosure. Have him get a new loan in his own name.
Wiki User
∙ 16y ago
Add your answer:
Earn +20 pts
Falsifying time shee?
Falsifying time sheets in order to cause an employee to be entitled to more (or, less) compensation would be illegal in any state, I believe. It would also go contrary to most company policies and could get the supervisor in trouble from a corporate perspective.
What is the difference between additional work and extra work?
As defined by the courts, "extra work" means work of a nature not contemplated by the parties and not controlled by the contract. "Additional work" means work that is necessarily required in performance of the contract, even if unforeseen conditions arise. Extra work is work outside of the original contract obligation and is entitled to additional compensation. Additional work just means more work was required than originally estimated, and no additional compensation is due.
Are all heirs entitled to at least 10 percent?
No. Heirs are not entitled to anything if there is a will that says otherwise.
You work 7 hours a day and entitled to 11.2 days holidays - how many hours are you entitled to?
7 hours per day x 11.2 days = 78.4 hours
Are employees working 7 hours a day entitled to a break in ct?
buttknocker
In Arizona is the executor of a will entitled to compensation?
The executor of a will is entitled to compensation. It has to be fair and reasonable. It also has to be approved by the probate court.
If you are sick during pregnancy are you entitled to the same compensation?
Same compensation as what?
Can the executor of a will receive compensation for being executor and beneficiary?
Unless specified otherwise in the will, an executor is entitled to compensation for their work. Anything they inherit is a separate accounting.
How do you use compensation?
I can give you several sentences.He applied for worker's compensation after his injury.Do you expect compensation for this work?"You may be entitled to compensation!" (from a TV advert about a lawyer)
Can the executive to will benefit from the will?
Yes, the executive of the will can be a beneficiary. They are also entitled to compensation for their work.
Does being the daughter as executor of a will allow compensation be paid by estate?
The executor is entitled to compensation as proscribed by the will or the law. The relationship of the executor to the decedent does not matter.
In New York State is spouse entitled to Workers Compensation Settlement in divorce?
yes
Are minor children entitled to compensation in an accident?
"are my minor children entitled to compensation for being passengers in an accident that was not my fault. ? they were bruised up. no major injuries." Certainly they are entitled to compensation if they were injured. The amount would depend on the severity of the injuries and if they received any medical treatment. If you are in an auto accident and have any injuries at all always go immediately to the emergency room. If you do not the insurance comapny will try to say you were not injured. lwpat
Can a cosigner request half of the insurance check if his name is on the title but he didn't have to make any payments or buy insurance?
Cosigner just means someone who guaranteed the note. What's on the title? If the cosigner is on the title, he/she is entitled to half of the proceeds of a sale or insurance liquidation because it's the TITLE that determines the ownership, not who paid for it.
Can a cosigner take posetion of furniture in the event of a default by the primary borrower?
Yes, if the co-signer takes over the payments they are entitled to chattel.
Can the Texas parole boars hold you past your discharge date?
Yes and no. They can hold you, but they are not supposed to and if they do you are entitled to compensation.
Is an executor in Texas allowed a fee?
Executors are always entitled to compensation for their efforts unless the will specifies otherwise. And even if the will doesn't allow for it, the court may rule that they are entitled anyways.
