What are Fiduciary Deeds?

 

Have you ever bought a home or commercial property in any of the following circumstances–where the seller was a decedent’s estate, a receivership, a bankruptcy estate?  In each of these situations, the party signing the deed will not be the individual or company that has title to the property but a fiduciary who’s been court appointed to handle disposition of the owner’s property.  The executor handling the decedent’s estate, the receiver in a receivership, or the trustee in a bankruptcy estate are appointed by a court having jurisdiction over the property and typically transfer property using what is called a “fiduciary deed.”  

To read more about Fiduciary Deeds, click [HERE| Ohio Real Estate Blog

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About sikoralaw

Sikora Law has operations in Michigan and Ohio. With a network of attorney relationships in multiple states, we combine the friendly familiarity of a small firm with the institutional knowledge and capabilities generally only found at a large firm. Sikora Law has the resources to deal with your situation with the right lawyer – or the right team of lawyers – and provide reliable, comprehensive, and responsive legal representation . We combine experience, creativity, and technology to efficiently and effectively protect our clients' interests and meet their goals.
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