Property

Who is required to complete the Illinois residential real property disclosure form?

Realtors are required to ensure the seller completes this form at the time of listing, but if you do not use a Realtor when selling your property, you still are…

You asked: Who owns real property?

Who can be the owner of property? Broadly, a property could be owned in two ways – one can be the sole owner of a property or one can own…

Question: Who owns the property of a franchise?

The franchisee is the individual who buys into the original company by purchasing the right to sell the franchisor’s goods or services under the existing business model and trademark. The…

Who is exempt from paying property taxes in PA?

(c) Citizens and residents of this Commonwealth, who served in any war or armed conflict in which the United States was engaged and were honorably discharged or released under honorable…

Who is exempt from property taxes in Texas?

If you are age 65 or older or disabled, you qualify for the exemption on the date you become age 65 or become disabled. To receive the exemption for that…

Who can impose real property tax Philippines?

This is assessed by the local government unit such as a province, city or municipality. Republic Act No. 7160 or the Local Government Code of the Philippines, specifically Sections 197…

Who can pay real property tax in the Philippines?

This would mean that whoever owns the real property as of January 1 shall be considered as the one liable. It could be paid one time for the entire year,…

Who has insurable interest in a property?

Insurable interest is a legal concept which requires an insured to have a financial or other interest in the claimed, damaged property before being entitled to coverage. Although this concept…

Who holds the legal title to the trust property?

Generally, a trust is a right in property (real or personal) which is held in a fiduciary relationship by one party for the benefit of another. The trustee is the…

Which type of property can be intangible?

Intangible personal property is anything with no obvious and assigned value and can’t be physically held. Examples include copyrights, patents, intellectual property, investments, digital assets, along with anything that has…