UNRECORDED CONTRACT FOR DEED
Risks and realities of the contract for deed While contracts for deed offer some advantages over a traditional mortgage, such as speed and simplicity, they can entail distinct risks for …
EQUITABLE INTEREST IN REAL ESTATE
Equity is a concept of rights distinct from legal (that is, common law) rights; it is (or, at least, it originated as) “the body of principles constituting what is fair …
BUYING A PROPERTY “SUBJECT TO” AN EXISTING LOAN
When interest rates rise, “buying subject to” suddenly starts to look like a very attractive financing option for home buyers. When interest rates are low, homebuyers tend to avoid subject …
FLAT FEE LEGAL PROTECTION FOR BUYERS AND SELLERS OF REAL ESTATE
http://flatfeelegalprotection.com FLAT FEE LEGAL PROTECTION FOR YOUR HOME SALE OR PURCHASE Have an attorney review your documents before signing or if you do not have an agent, our office can …
FINANCIAL FRAUD
The following examples of Financial Institution Fraud Investigations are written from public record documents on file in the courts within the judicial district where the cases were prosecuted. California Woman …
MONTH TO MONTH TENANCY
Benefits of Month to Month Rentals for Tenants Sometimes tenants need a place to stay but do not want a long term commitment. For these tenants, finding a landlord who …
EASEMENTS
A. WHAT IS AN EASEMENT? An easement is the legal right of a non-owner to use a specific part of another persons land for a specific purpose. B. WHAT ARE …
WHAT IS A RIGHT OF FIRST REFUSAL?
Imagine being able to make an offer on a house before any other interested home shoppers can even have a look-see. If you have a right of first refusal negotiated …
COVENANTS THAT RUN WITH REAL ESTATE
Real Estate Covenants Law and Legal Definition A covenant is a promise in a written contract or a deed of real property. There are different types of covenants, such as …
REAL ESTATE AGENT VS. REAL ESTATE LAWYER
The Difference Between a Real Estate Agent and Lawyer If you ask a realtor whether to hire a real estate agent or a lawyer to buy a house, you can …
REVERSE MORTGAGES
If you are 62 or older and want money to pay off your mortgage, supplement your income, or pay for healthcare expenses you may consider a reverse mortgage. It allows …
GIFT TAX
The U.S. federal gift tax is imposed on cash and properties that individuals give to others. It’s paid by the donor, not the beneficiary of the gift, although the Internal …
MISSOURI ABANDONMENT LAW
ABANDONED PROPERTY Landlords are often eager to remove abandoned property of a tenant who appears to have abandoned a leased premises. Missouri law provides a procedure for removing a tenants …