(vi)where the market value of the property exceeds rupees three crore ![]() (v)where the market value of the property exceeds rupees one and half crore but does not exceed rupees three crore (iv)where the market value of the property exceeds rupees one crore but does not exceed rupees one and half crore (iii)where the market value of the property exceeds rupees sixty lakh but does not exceed one crore (ii)where the market value of the property exceeds rupees thirty lakh but does not exceed rupees sixty lakh (i)where the market value of the property does not exceed rupees thirty lakh (b)if relating to an agreement giving authority to a promoter or developer, by whatever name called, for construction on, or sale of, or transfer (in any manner whatsoever ) of, any immovable property – (a) If relating to sale of immovable property Legal process, depending on many factors, so contact a lawyer to ensureĪdherence to all stages of Alabama probate law.Rate of Stamp Duty : The existing rate of stamp duty on some important Article of Schedule 1A of the Indian Stamp Act are mentioned below : View Available Alabama Real Estate Deed Forms Additional documents may need to be recorded before a personal representative’s deed can be submitted to the office of the judge of probate for recording. In addition to the requirements for a deed transferring interest in real property in Alabama (the grantor and grantee information, legal description of the property being conveyed, and document preparer’s information, among others), a general warranty deed executed by a personal representative requires information about the probate case, the decedent, and the status of a will, if applicable. Offer a broader warranty that would extend their liability outside the scope of ![]() More limited warranty is typically used by representatives, who are not able to The grantor will defend the title from claims arising by or through him. Grantor is seized of a fee simple estate that the property is free fromĮncumbrances suffered by the grantor, except those otherwise noted and that ![]() Use of the words “grant,” “bargain,” or “sell” covenants that the Warranty under § 35-4-271 is sometimes referred to as a “limited” or “special” Warranty deed, which offers the broadest warranty of title, the narrower statutory In Alabama, theĭevise, distribution, or sale of probated real property is generallyĪccomplished using a statutory warranty deed. Heirs, by order of the probate court and with written consent of an adultĭecedent’s estate, the personal representative executes a deed. Testate or an intestate estate can sell real property to pay debts under §Ĥ3-2-441, or, when the land cannot be divided equitably between devisees or Identify creditors, pay claims and administrative costs, and distribute theīalance to the heirs and/or devisees”. The administrator is entrusted “to identifyĪssets, collect assets, preserve assets, identify heirs and/or devisees, The personal representative’s title, his or her duties in administering theĮstate remain the same. Referred to as a personal representative. Once authorized through the court’s issue of letters ofĪdministration, this person is called the administrator, but may also be Or general administrator is entitled to administer the estate before the finalĬategory. For counties with a population above 400,000, the county The next of kin entitled to share in the distribution of the estate the largestĬreditor of the estate residing in Alabama and finally, any person whom the The executor, or more generally, the personal representative.ĭecedent dies intestate, intestacy laws dictate that the administration of theĮstate falls to one of the persons authorized under § 43-2-42 who is willingĪnd able to serve, and in the specific order set forth: the husband or widow Testamentary, which letters “serve to grant the person who receives them theĪuthority to administer the estate”. Proved and admitted to probate, the custodian may petition for grant of letters ![]() Any property owned separately or as a tenant inĬustodian of the will must deliver it to the judge of probate court to open The surviving joint tenant(s), but only if a right of survivorship is expressly (leaving a will) or intestate (not leaving a will).Įstate as joint tenants, title automatically transfers by operation of law to May also be subject to probate, regardless of whether the decedent died testate Depending on how the decedent held title, real property Her estate must go through probate in the county where the deceased maintained Probate is the legal process by which a decedent’s property is distributed to Decedents’ Estates) governs estate administration and probate in that state.
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