Vermont Disclaimer Deed

State:
Multi-State
Control #:
US-01994BG
Format:
Word; 
Rich Text
Instant download

Description

A disclaimer deed is a deed in which a spouse disclaims any interest in the real property acquired by the other spouse. A mortgage company often asks a borrower to sign a disclaimer deed so that his spouse not having her name on the loan, cannot claim any interest in the property.

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FAQ

(a) A person who, with intent to damage property, and having no right to do so or any reasonable ground to believe that he or she has such a right, does any damage to any property which is valued in an amount exceeding $1,000.00 shall be imprisoned for not more than five years or fined not more than $5,000.00, or both.

A person who designedly by false pretenses or by privy or false and with intent to defraud, obtains from another person money or other property, or a release or discharge of a debt or obligation, or the signature of a person to a written instrument, the false making whereof would be punishable as forgery, shall ...

There is no requirement that persons responsible for undue influence have a fraudulent state of mind. The elements of undue influence include overcoming by means of coercion the sound judgment and free will of the testator so that she does something contrary to her true wishes.

In Vermont, squatters can start an adverse possession process to claim legal ownership of the property they occupied after living there for 15 uninterrupted years. After this period, a squatter is no longer considered a criminal trespasser and faces no charges.

§ 1754. (a) A person who knowingly gives false information to any law enforcement officer with purpose to implicate another or to deflect an investigation from the person or another person shall be imprisoned for not more than one year or fined not more than $1,000.00, or both.

The Vermont False Claims Act (the ?VFCA?) makes it unlawful for any person to: (1) knowingly present or cause to be presented a false or fraudulent claim for payment or approval; (2) knowingly make, us, or cause to be made or used a false record or statement material to a false or fraudulent claim; (3) knowingly ...

As of now, Vermont law does not permit the use of TOD deeds to transfer ownership of real estate. Instead, other estate planning tools, such as joint tenancy or a living trust, can be used to avoid probate for real estate.

Attorney Involvement If a legal opinion of title is provided, it is executed by a Vermont Attorney. Vermont does not have an unauthorized practice of law statute, however there is Vermont Case Law indicating that deed preparation constitutes the practice of law.

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Vermont Disclaimer Deed