July 31st, 2009
A quit claim deed is a document required when transferring ownership of a property from one person to another. This is also used when transferring properties to family members as gifts or inheritance or when an individual wants to put his personal property into a business entity.
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July 30th, 2009
Two days ago, I went to grab a cup of coffee with one of my interns. As we approached the coffee shop, my intern spotted a well known former broker within the Middle Eastern Society of Southern California. At one time, this person ran a full mortgage corporation with over 50 loan officers and direct open lines of credit from Deutsche bank.
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July 29th, 2009
It is depressing to know when you are looking for a house to stay and yet there are owners who have certain requirements before they accept you, right? There are some who even discriminate you because of your color or race. It is totally frustrating to see how these individuals show prejudice to their possible buyers or tenants. If you are one of these people who were singled out by some of the mean owners, you just have to know what this Fair Housing Act all about. This will definitely help you know your rights and fight for it.
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July 28th, 2009
A lawyer plays an important role in any real estate transaction, especially in a house purchase. Although not required during a real estate transaction, a lawyer can simplify the legal aspects of such transaction.
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July 27th, 2009
A lease abstract is a detailed summary of key business information in a commercial real estate lease. This road map of the lease allows a lease administrator, leasing agent, property or maintenance manager to renew frequently referenced lease information without having to take time perusing a lease to find the needed information. It also allows an aggregation of critical lease information such as expiration and option notice dates to better manage a portfolio of leases.
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July 21st, 2009
Many federal legislators never stop long enough to read the bills they are signing. This leads to unintended consequences. Take for instance the new home energy efficiency rules that were tucked inside the alternative energy spending bill. There is a clause in that bill that prevents homeowners from selling their property if they don’t have proper weather stripping and if their homes are not energy compliant. But if the homeowner cannot afford to upgrade, then they are not allowed to sell there home to the new buyer or the new buyer is not allowed to buy the home until things have been upgraded.
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July 20th, 2009
Evicting a tenant is a terrible, but sometimes necessary part of being a landlord. When your tenants are not paying their rent, are damaging your property or are otherwise breaking the terms and conditions of their lease, you may be forced to being eviction proceedings and have them removed from your property. Evictions are legal proceedings, so they must be done carefully within the letter of the law. While state and local laws may vary, here are some basic steps of the eviction process that may help you to get the job done right.
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July 16th, 2009
Conveyancing is very simply, the transfer of property from one entity to another; however, with today’s laws, there’s nothing simple about it. A rather complicated process, conveyancing requires the use of a solicitor or licensed conveyancer.
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July 15th, 2009
Purchasing a piece of real estate property is a valuable investment that any individual can make during his lifetime. And being a worthy investment, it is only appropriate for people to make sure they get real value for their money when buying a property. One of the ways home buyers and investors can ensure they’re getting a property in good condition is by reviewing disclosure forms.
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July 14th, 2009
As the mortgage foreclosure crisis continues to spread throughout the United States, state legislatures have enacted new laws that are designed to provide homeowners with additional opportunities to save their homes. In Michigan, which ranks sixth in the nation for foreclosure, the state legislature recently enacted the “Lifeline Law,” which provides homeowners with an extra ninety days to work with their banks for solutions. Similarly, in June, 2009, California enacted the California Foreclosure Prevention Act, which includes a ninety-day moratorium on foreclosures.
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