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Duration: The exclusive right to sell clause in the contract you establish with your real estate agent should have an expiration date, which might be anywhere from 30 days to six months or more ...
Jaime Uziel knows that as a real estate attorney his clients depend on him to interpret the legalese that's part of any real estate transaction. He's happy to do that, he says, but he also tries ...
The rule against perpetuities serves a number of purposes. First, English courts have long recognized that allowing owners to attach long-lasting contingencies to their property harms the ability of future generations to freely buy and sell the property, since few people would be willing to buy property that had unresolved issues regarding its ownership hanging over it.
A specific devise is a devise of a distinct piece of real estate to a certain person or persons. It is analogous to a specific legacy , but is limited (by the word "devise") to real estate. Furthermore, the testator intends for that very particular property and only that property to satisfy the devise.
Some specific types must always be disclosed, others are up to the jurisdiction, and still others up to the realtor. [3] The types of stigma include: Criminal stigma: the property was used in the ongoing commission of a crime. For example, a house is stigmatized if it has been used as a brothel, chop shop, or drug den. In the case of drug dens ...
Many in the real estate industry worry that first-time homebuyers — those who need expert guidance the most, and who are already severely hampered by high prices and high mortgage rates — will ...
The right to property, or the right to own property (cf. ownership), is often [how often?] classified as a human right for natural persons regarding their possessions.A general recognition of a right to private property is found [citation needed] more rarely and is typically heavily constrained insofar as property is owned by legal persons (i.e. corporations) and where it is used for ...
Real estate attorneys can also provide valuable advice to a buyer and seller engaged in a for-sale-by-owner transaction. In this scenario, the lawyers can draft and review the purchase contract ...