The following links to real estate Law articles published by various legal resource services, attorneys and legal professionals are posted here as a legal resource by National Lawyers Directory, a national directory of links to attorneys, lawyers and law firms.
The Pros and Cons Of Hiring A Real Estate Lawyer - posted: March 28, 2005 - author: Dascar Daniel - You're travelling in a foreign country and you get arrested for something that you didn't even know was against the law. The potential fine is huge, more than you earn in 10 years. Would you represent yourself in front of judges who might not even speak your language click here for full text.
Hiring A Real Estate Attorney - posted: September 8, 2005 - author: John "Cash" Locke - Hiring a Real Estate Attorney for your team is one of the most important decisions to consider when first becoming involved in real estate investing. The right Attorney will keep you on tract and lessen your liability in your real estate investments. I would not and did not start investing until all my paperwork was State Specific, meaning it was not some generic paperwork offered in an office supply store. click here for full text.
Lease purchase contract - posted: September 8, 2005 - author: From Wikipedia - A lease purchase contract (also known as Lease/Option or Lease Options) is a legal document that combines a basic lease contract with an option-to-purchase contract. The tenant/buyer pays to the landlord/seller a non-refundable option deposit that is applied to the purchase price of the home. The tenant/buyer then pays to the landlord/seller a sum that is typical to the rental amount usually on a monthly basis. A portion of that monthly payment is then applied to the purchase price of the home click here for full text.
Mechanics lien - posted: September 8, 2005 - author: From Wikipedia - A mechanics lien is a hold on real property for the benefit of someone whose work or property improves the property. It is called by various names, including materialman's lien, supplier's lien, laborer's lien and others. Through "perfecting" a lien, the technical term for establishing a mechanics lien, the owner's title to the property suffers an interference that will have to be addressed before the owner can restore clear title. Generally, a lien would only arise if there is a payment dispute, although some states (e.g. California) require pre-lien notices at the beginning of a project. click here for full text.
NH Superior Court Declares Exclusionary Multifamily Zoning Unlawful - posted: September 8, 2005 - author: Ari B. Pollack - Proponents of affordable multifamily housing won a victory in a recently released New Hampshire Superior Court opinion considering the exclusionary effect of zoning directed at multifamily housing. In the matter of Great Bridge Properties, LLC v. Town of Ossipee, Judge Mohl found that certain of the multifamily housing provisions of the Town of Ossipee zoning ordinance unlawfully restrict the development of low- and moderate-income affordable housing. click here for full text.
How to Get Started in Commercial Real Estate - posted: September 8, 2005 - author: Ray Alcorn - On my online newsgroup [Commercial Real Estate Forum] and at seminars, I am often asked, “How do I get from where I am (usually single-family residential properties) to dealing in larger scale properties?” The question is often followed by a recital of how the investor has tried and failed to purchase a larger property or is unsure of the steps necessary to acquire larger income properties. Some have yet to do their first deal and wonder if they can start in commercial real estate without first acquiring smaller properties. click here for full text.
Adverse possession - posted: September 8, 2005 - author: From Wikipedia - In real estate law, adverse possession is a means of acquiring title to another's real property without compensation. Adverse possession requires the actual, visible, hostile, notorious, exclusive, and continuous possession of the property, and some jurisdictions further require the possession to be made under a claim of title. In simple terms, this means that those attempting to claim the property are occupying it exclusively (keeping out others) and openly as if it were their own. click here for full text.
The Move Toward Trust Ownership - posted: September 8, 2005 - author: W. John Funk - Many traditional vacation ownership programs are designed to convey title to the transferred interests by means of a deed. Interval interests, fractional interests and club memberships are sold on this basis. They are marketed as tangible evidence of the purchaser’s ownership interest: a piece of the rock. The sales force is trained to say that the purchaser is buying real estate click here for full text.
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