What steps can protect property from county tax foreclosure when owners cannot pay taxes in Vermont?
Detailed Answer Disclaimer: This information is for educational purposes only and does not constitute legal advice. Consult a qualified attorney or your local treasurer for guidance tailored to your situation. In Vermont, unpaid property taxes become a lien on your real estate. If you fail to settle or address delinquent taxes, the municipality may sell […]
Read article →How to determine if other creditors or lienholders in Vermont could have claims to the surplus funds?
Detailed Answer When a foreclosure sale in Vermont generates surplus funds, these excess proceeds may face claims from other creditors or lienholders. To determine potential claims, follow these steps: Review Foreclosure Statute. Under Vermont’s foreclosure‐by‐sale law, net sale proceeds first satisfy the foreclosing mortgage, sale costs, and taxes. Remaining surplus then goes to parties with […]
Read article →What Options Exist for Establishing Authority Over an Elderly Heir’s Personal and Financial Decisions in VT?
Disclaimer: This article is for informational purposes only and does not constitute legal advice. Consult a qualified attorney in Vermont to discuss your specific situation. Detailed Answer When an elderly heir may lack the capacity to manage personal or financial matters, Vermont law offers two primary pathways: a power of attorney and a guardianship (also […]
Read article →How to Request an Amendment to a Vermont Police Report with Incorrect Details
Disclaimer Disclaimer: This article is for general informational purposes only and does not constitute legal advice. Consult an attorney for advice regarding your specific situation. Detailed Answer Step 1: Obtain a Copy of the Police Report Under Vermont’s Public Records Law, you have a right to inspect and copy public records, including police reports. See […]
Read article →How to Verify if the Decedent Had a Valid Will or Other Estate Planning Documents in VT
When a loved one passes, you may need to confirm whether they left a valid will or other estate planning documents. Vermont law provides specific steps for locating and verifying these records. Follow these guidelines to ensure you uncover any existing testamentary papers. Detailed Answer 1. Review the Decedent’s Personal Records Begin by searching the […]
Read article →How can an interested party determine if surplus funds remain after a foreclosure sale? (VT)
Detailed Answer In Vermont, all mortgage foreclosures proceed through the judicial system under Chapter 163 of Title 12 V.S.A. Once the court orders a sheriff or other officer to sell foreclosed property, the officer must apply net proceeds in a specific order. Any amount left over after paying sale costs, senior and junior mortgage liens, […]
Read article →What rights does a life estate grant to a lifetime beneficiary and how is a remainder interest determined when a will designates a remainderman in Vermont?
Detailed Answer Under Vermont law, a life estate grants a lifetime beneficiary (the life tenant) the right to possess, use, and enjoy real property during the life tenant’s life. Vermont defines a life estate as an estate measured by the life of the person holding it (27 V.S.A. § 301). The life tenant may: Occupy […]
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