| Adverse Possession |
|
| Adverse possession is a way that a claimant can establish title to real estate. Essentially, adverse possession is a nonpermissive use of land with a claim of right. More... |
|
|
| Mortgage Servicing |
|
| Jason just settled on his first home. During the closing Jason received a document that discussed mortgage servicing. In essence, the document indicated that Jason's lender transferred 99.9% of the loans it originated in the last year to another entity. And, just yesterday, Jason received a notice from his lender of its intention to sell his loan. What does all of this mean? More... |
|
|
| Disclosures in Residential Real Estate Transactions |
|
| One of the biggest decisions in a person's life is the decision to buy real estate. The excitement often associated with the purchase of a new home can be overshadowed by disappointment once the newness wears off and defects become apparent. Generally, the rule of "caveat emptor" -- buyer beware -- requires the buyer to conduct a reasonable inspection of the premises to discover defects and imperfections. More... |
|
|
| Mortgage Loans with Balloon Payments |
|
| A mortgage loan with a balloon payment provision is very different from a traditional mortgage loan. Usually, mortgage loans with balloon payment provisions are second mortgages as opposed to first mortgages (also known as purchase-money mortgages). More... |
|
|
| Trees -- Damage to or Destruction of by Persons Other than the Property Owner |
|
| A tree is owned by the property owner on whose property the trunk of the tree sits. When a property owner has an interest in a tree, the property owner has the right to recover in the event the tree is damaged or destroyed by another.
More... |
|
|