PROPERTY LAW

Quitclaim Deed A quitclaim deed offers the least assurance of title. It offers no warranty of any kind. It says, in effect, “I don’t know what kind of title I have, but whatever I have is yours.” If the transferor has nothing, then he or she transfers nothing, and the transferee will have nothing when […]

Have the contractors and all subcontractors sign a “waiver and release” giving up lien rights and releasing the owner from liability for nonpayment. Waivers are generally conditional, say, until the installment or final check clears the bank. Make out checks to joint payees. Such a check can only be cashed if the intended recipient actually […]

Book Title: Mortgages For Dummies, 2nd Edition (Paperback) by Eric Tyson (Author), Ray Brown (Author) Editorial Reviews: Book Info A complete mortgage reference, including information on selecting the right mortgage for your situation, and getting the best deal. Provides the inside scoop on conventional loans, baloon loans, reverse mortgages. Worksheets included to plan your financial […]

Eviction is the legal procedure to force a tenant to leave the premises. A landlord must lave a legal reason for eviction, such as the tenant not paying rent or violating other lease terms. In most states any residential tenant or subtenant can be evicted for one of these reasons: Remaining in the apartment after […]

It’s the American dream: to win $50 million in the lottery, have your own entourage of supermodels satisfying your every whim, and inviting everybody back to your fantastic Playboy Mansion-esque house for a barbecue. Or perhaps your American dream is to become a movie star, lounging around your Beverly Hills home while taking a quick […]

Scary word, isn’t it? “Mortgage.” It sounds like the name of a disease…and it kinda is. A mortgage is basically a fancy word for “house loan”: instead of paying for the house all at once at the beginning, you pay a little bit every month. An agency covers you for what you haven’t pain yet, […]