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Real Property
Life Estate: Best Way to Transfer Real Estate After Death PDF Print E-mail
Written by B. Clark, Esq.   
Wednesday, 23 February 2011 18:03

A life estate is a concept used in common law and statutory law to designate the ownership of land for the duration of a person's life. In legal terms it is an estate in real property that ends at death when there is a "reversion" to the original owner. The owner of a life estate is called a "life tenant".

Last Updated on Friday, 25 February 2011 23:14
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No Lease Agreement: My Rights PDF Print E-mail
Written by B. Clark, Esq.   
Saturday, 19 February 2011 15:58

Lease agreement can be written or oral.   The landlord-tenant relationship is complicated enough, with all of the laws and regulations that governs the leasing of property. And, the leasing of property without a clear lease agreement is a formula for trouble.  It is in the best interest of both the landlord and tenant to have a detail written lease agreement but what happen if there is no lease agreement? When the there is no lease agreement the court will impose certain terms on both the landlord and tenant.

Last Updated on Tuesday, 19 April 2011 14:58
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What You Must Know Before You Sign Your Lease PDF Print E-mail
Tuesday, 18 January 2011 15:34

So, you've found the ideal apartment or house, and you are prepared to sign the lease. Not so fast! At the time you sign a lease you obligate yourself to ultimately make the rental payments for the period of the lease, usually one year. So, let's say the rent is $1,000 per month. Once you sign a lease, you're obligating yourself to pay the landlord $12,000! You don't need to inhabit the house or apartment, if you don't like it. But you will absolutely have to pay the lease. There's certainly no getting away from it. So, it's smart to be certain this is a property you prefer to reside in for the lease period.

Last Updated on Sunday, 30 January 2011 19:20
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What to Know Before You Sign the Lease PDF Print E-mail
Wednesday, 05 January 2011 18:56

You have found the perfect apartment or house, and you are all ready to sign the lease. Once you sign a lease you obligate yourself to make the rental payments for the period of the lease, usually one year. So, if the rent is $1,000 per month. After you sign a lease, you are obligating yourself to pay the landlord $12,000! You do not have to stay in the house or apartment, should you not like it, but you will have to pay the lease. There is absolutely no getting out of it. So, it is important to make certain this is a property you want to live in for the lease period.

Last Updated on Friday, 14 January 2011 21:59
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Transferring Property: Quitclaim, Warranty or Grant Deed PDF Print E-mail
Written by B. Clark, Esq.   
Sunday, 26 December 2010 18:11

Land Transferr     The transferring or conveying of a house or land is a fairly simple legal process.  Usually, a house is transferred to one owner to another owner in the same way that land is done.  The reason being is that a permanent structure that is built on land becomes part of the that property.  Therefore, when real estate is sold or given away so is any permanent structure (house, commercial building, shed and etc.)  that is erected on the property.  This is not the case when a mobile home is located on some property because in many jurisdictions a mobile home is not considered to be a permanent structure.

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