contracts
Buyer’s Remorse in New Construction Home Purchase
New construction home buyer gets buyer’s remorse and wants to buy a different home. Q: I signed a contract two months ago for a newly-built house with a leading builder. The home will take about four months to build. The …
Terminating Purchase Contract For Home
Once signed, it may not be easy to terminate a contract for a home. Q: My friend and I are in the final stages of buying a house. The property is going to be in her name only but some …
Neighbor Law: Fence Matters Indicate Wrong Property Line
Q: We found out that the property line between my home and my neighbors’ home is different from what the builder said when he sold us our home. Our neighbor had a survey done to put up a fence. During …
Terminating A Contract With A Bad Real Estate Agent
Q: My real estateReal Estate is land and anything permanently attached to it, such as buildings and improvements. agentAn Agent is an individual who acts on behalf of a consumer. A real estate agent represents a buyer or a seller …
Refinance Needed To Change Name On Mortgage During A Divorce
Q: When I was married, my wife and I signed a loanA Loan is an amount of money that is lent to a borrower, who agrees to repay it plus interestInterest is money charged for the use of borrowed funds. …
Consolidated Tax Bill Can Cause Mistakes On Sale Of Property
Q: I have been caught up in a real estateReal Estate is land and anything permanently attached to it, such as buildings and improvements. nightmare. I purchased a single family home earlier this year. Last month I discovered that I …
1031 Exchanges For Real Estate Investment LLC
Q: Does doing a 1031 exchangeA 1031 Exchange is a means used by investors to defer the payment of federal income taxes. The owner of an investment property will sell that property, deposit the funds with an intermediary company, later …
Divorce May Not End Joint Tenancy Deed
Q: Here’s my question: Let’s say a husband and wife own a rental property with a joint tenancyJoint Tenancy is an equal, undivided ownershipOwnership is the absolute right to use, enjoy, and dispose of property. You own it! in a …
How To Terminate a Listing Agreement
Q: I recently terminated a listingA Listing is a property that a broker agrees to list for sale in return for a commission. agreement with a real estateReal Estate is land and anything permanently attached to it, such as buildings …
Partnership Agreement Can Resolve Real Estate Title Transfer Dispute
Q: I had a partnership with another guy for 30 years with a buy and sell agreement and with a right of first refusal. We owned a building with several stores. His wife received the rents and paid the bills. …
