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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...
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...
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...
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...
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....
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...
Signing a formal contract with a supplier, a client or an employee helps clarify your relationship and expectations. Being explicit about what you want, what you will pay or what you expect from the other party is crucial to getting what you pay for in business....
It can be frustrating when your tenant violates the terms of your lease, including keeping your rental unit unclean or falling in arrears on their payments. You may feel inclined to take matters into your own hands and usher your tenant out the door. Know that...
People who have a construction project completed generally assume that the work was done properly. While this is what happens in many cases, there are times when contractors may not use the correct materials or suitable workmanship. Clients who have issues with the...
If you have looked into purchasing a home and find out that the property has a cloud on the title, then that should stop you in your tracks. Having a cloud on a title means that there is potentially an issue with the property’s title, such as a lien being placed on it...