3 Things To Know About Real Estate Practice
Unless you’re a real estate agent, the only part of real estate that you’re familiar with is probably the buying and selling of houses. But have you ever thought about real estate law? With all of the conflicts that come up in a real estate transaction, real estate...
The Legal Responsibilities of a Landlord
Landlords are obligated by law to follow these responsibilities, yet they do not always abide by these rules, so this blog post will act as a checklist for you to make sure your landlord is acting as they should. Basically, the landlord of a rental unit is responsible...
Chinese Real Estate Lawsuits Surge in Number
While property and real estate pricing in China continue to suffer, the real estate law sector is seeing a huge boom in activity. The Chinese real estate market has been in a slump for approximately two years now. While there are small signs of incremental...
Eviction in New York State
Unfortunately, there will be situations that arise, where eviction of a roommate or individual is necessary. There are very specific restrictions and laws set in place that individuals need to be aware of. Eviction laws and regulations vary from state to state, so...
Misrepresentation – The Top Legal Issue Brokers Face
It’s not a secret that real estate is a tricky field to work in. With a plethora of things that could go astray, it’s important to work with an experienced broker who knows the law the same way they know the back of their hand. Buyers and sellers are tricky positions...
The Top 5 Real Estate Schools in the Country
As more people get into the real estate market, it’s important for an agent to have a basic knowledge of all areas. This includes zoning laws, an understanding of finances, insurance, mortgages, banking, and tax laws. For many people, this is a lot to learn and have a...
Lawmakers Finally Eases up on FIRPTA
In 1980, Congress passed a law that sought to prevent foreign investors from buying US property. Known as the “Foreign Investment in Real Property Tax Act”, the act would force foreign investors to pay income tax if they were to sell their US property. Lawmakers...
The Top 3 Types of Listing Agreements
Moving - it’s one of the things that many people dread for a copious amount of reasons. Some don’t want to leave the home that holds memories which were created by them and their significant others. Some don’t want to leave the home that they raised their children in,...
Neighbor’s Rights
There are lots of things to consider when you buy a new property. The views that a property provides are sometimes the deciding factor in a real estate purchase. One important thing to look out for is when a neighbor can block one of those views or legally use their...
Transfer On Death Deed Passed
No one likes to think about what they will leave behind to loved ones. But it's something that we all inevitably must face. Being able to transfer real estate to heirs for many years as a complicated thing. But thanks to the Transfer On Death Deed that came into...