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Once an instrument affecting the title to real estate has been recorded, the law holds that everyone is deemed to know of its existence, even if they have not searched the records in the recorder's office. This is the doctrine of "constructive notice" and it is nearly universal in the various states of the U.S. So, for example, after a deed or ...
In 1920, New York adopted the Emergency Rent Laws, which effectively charged the courts of New York State with their administration. [ 19 ] [ 20 ] [ 21 ] The rent laws were the result of a series of widespread rent strikes in New York City from 1918 to 1920 that had been sparked by a World War 1 housing shortage, and the subsequent land ...
A certificate of occupancy is a legal document that proves a property is safe to inhabit and meets all code and usage requirements. It is often required for major home renovations or when selling ...
Within the context of building construction and building codes, occupancy is the use (actual or intended) of a building (or its portion) for the shelter or support of persons, animals or property. [1] A closely related meaning is the number of units in such a building that are rented, leased, or otherwise in use.
Owner-occupancy or home-ownership is a form of housing tenure in which a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. [1] The home can be a house , such as a single-family house , an apartment , condominium , or a housing cooperative .
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 ...