A lis pendens is a document recorded against real estate that gives the world notice of a pending law suit. While the lis pendens has no monetary value, it does protect the plaintiff from actual or potential claims that may come later. But the actual value of the lis pendens will not become known until there is a judgment in the case.
Even if you have an easement on a property, the property owner retains ultimate rights to the property. So if your driveway is on land with an easement, but you don't own the property, it may be a problem. While you may be able to come to an agreement with a current neighbor, that could change with new neighbors. The easement agreement language is key to understanding this dispute.
When you buy a home, it's the title company's job to find easements during the title search process. What can you do if the title company does not disclose an easement? Easements may include landscaping issues and could affect the way you manage your property. Can you win a lawsuit over an easement?
This condominium buyer wants to convert the basement to make it into a duplex. The basement will be considered a "limited common element" and the home owners will need to apply for permits. There are differences in the way you own a fee interest in a condominium and the way you own a limited common element of a condominium.
Is it legal to raffle or lottery off your home? You'll have to do the research for your particular state, but most likely, selling a home through a raffle or lottery is illegal.
A home buyer purchased a home that turned out to have major septic problems that weren't disclosed at the time of the purchase. The septic field should never have been approved by the health department. In some states, if you have to sue the seller for a failure to disclose a material issue that should have been disclosed to you, you may also be entitled to recover your costs of suing the seller for a recovery.
In some states, selling homes through a lottery or raffle is legal, but may be strictly regulated. If you plan to have people participate in your home or house lottery that are from states other than your own, you may have to comply with the lottery or raffle rules in each of those states.
