Whether you are a businessperson looking for office space for your company, or a residential buyer looking for a new home for your family to settle down in, you have probably been working with a realtor. Realtors can be expensive, but their services are often worth...
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Year: 2021
Do you need a post-occupancy agreement when buying a home?
Post-Occupancy agreements, sometimes called post-settlement occupancy agreements or even rent-back agreements, play an important role in some residential real estate transactions. Your date of occupancy is technically the date when you, as the buyer of a piece of real...
Protective contingencies in residential real estate contracts
The legal side of purchasing residential real estate is usually confusing to first-time or even second-time home buyers. The average buyer in Florida will read a purchase agreement from top to bottom and then sign it even if they do not fully understand what it says....
Listing your fixer-upper as-is won’t protect you from defect claims
Maybe you inherited your mother's house when she died, and it hasn't seen an update since the 70s. Perhaps you and your spouse bought a starter residence, only to achieve career success or become pregnant more quickly than you expected. When you have a property in...
What is the role of a Notary Public in a property purchase?
Property transactions, such as purchases and exchanges, are frequent in our economy and are typically rare for the average individual. Unless a person involved with buying and selling property does so for an occupation, the average person will only have to make large...
Resolutions might be possible in commercial tenant disputes
Commercial properties are a good option for some people to make money. But, this doesn’t come without some risks. One risk that comes with having commercial rental property is that you may have to evict a tenant at some point. Evicting a commercial tenant is a lot...
Your commercial lease agreement needs a liquidated damages clause
There’s a lot of work that you put in before you can sign your commercial lease agreement and start receiving regular payments from your tenants. For starters, you first need to design the terms of the agreement that you will have your tenants sign. There are a few...
3 risks you take when you buy via a contract for deed
Not everyone can qualify for a mortgage. They may run their own companies or have recently had a major blemish develop on their credit report. Those who cannot secure a traditional mortgage may consider buying the land contract or a “contract for deed.” Such contracts...
The role of curative work in a residential real estate sale
Buying a piece of residential real estate will be one of the biggest transactions of your life. You may spend as much as 30% of your monthly income on your mortgage. Obviously, you want to protect the income that you invest in your home from unnecessary losses....
Key questions to ask when engaging a real estate attorney
Whether you are buying, selling or renting, real estate transactions can be quite complex. As such, it is crucial that you engage an experienced real estate attorney to help you navigate the process. After all, a real estate attorney understands better than anyone the...