West Virginia Specific Notice Provisions

State:
Multi-State
Control #:
US-ND1513
Format:
Word; 
PDF
Instant download

Description

This form provides boilerplate contract clauses that outline notice obligations and procedures for particular, specific circumstances and that determine when such a specific type of notice is and is not effective. Several different language options are included to suit individual needs and circumstances.

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FAQ

24.01. Rule 24.01 - Generally (a) Unless otherwise directed by the presiding judicial officer, all orders shall be submitted to the judicial officer promptly, but no later than eleven (11) days after having been directed to do so by the court.

Declaration of Consideration of Value (This is the monetary amount for which the property is sold. If the property is being transferred without monetary value, it must state in the declaration paragraph 'why' it is exempt from transfer tax.)

West Virginia levies a deed transfer tax (often referred to as an excise tax) on real property. The tax is $1.10 per $1,000. Each county has the authority to establish its own excise tax rate, which the majority do. West Virginia does not have a mortgage tax.

West Virginia deeds must meet the following content requirements: Current owner and new owner names. ... Legal description of property. ... Preparer's name. ... Granting clause. ... Declaration of consideration or value. ... Statement of exemption.

Rule 20. Unless otherwise ordered, the time to answer or otherwise respond to a complaint may be extended by stipulation. The stipulation shall constitute an appearance by any defendant who is a party to it.

A class action shall not be dismissed or compromised without the approval of the court, and notice of the proposed dismissal or compromise shall be given to all members of the class in such manner as the court directs.

West Virginia has legalized TOD deeds by enacting the WV Real Property Transfer on Death Act. Previously, a property owner would most likely have named a beneficiary by creating a life estate with a remainder interest, a more complicated option usually involving a property lawyer.

In West Virginia (WV), an easement can grant utilities permission to operate underground, grant mineral extraction rights, or more. Understanding the impact of WV easements and rights of way is critical to the success of a commercial real estate transaction.

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West Virginia Specific Notice Provisions