How to Question a Car Accident Witness
Before you talk to a car accident witness, find out how to prepare your interview and what questions you need to ask....
Legal
A Life Estate in Real Property
A life estate is an ownership interest in land that allows the holder of the life estate interest possession of the property until the death of the measuring person's life. ...
Partition of Jointly Owned Property
Where joint owners cannot agree on the whether or not to sell a jointly owned piece of real estate, the party or parties seeking the sale can go to court and file an action for “partition”. A par...
Letters of Intent for Residential Real Estate Transactions
Using letters of intent in buying and selling a home. Contents of letters of intent for residential real estate vs. formal real estate contracts....
The Mortgage Foreclosure Process: What to Expect
Foreclosure laws vary from state to state. In some states, a lender may foreclose without going to court (these are called a “power of sale,” “foreclosure by advertisement,” or “trustee sale...
Keeping Your Home: Common Misconceptions & Ways to Beat Foreclosure
The down turned economy has left many Americans facing foreclosure of their home – including New Yorkers. But what does the term “foreclosure” really mean? Our New York legal expert explains w...
Mortgage Prepayment Penalty Provision
A charge the lender makes when a mortgage is repaid before a certain period of time elapses. In effect, you are "penalized" for paying off your mortgage early. Not all lenders impose a mortgage prepay...
Signing IRS Form 4506 as a Prerequisite to a Mortgage Loan
I was applying for a mortgage loan and the lender wants me to sign IRS form 4506. What's this?...
Manufacturers of Cymbalta and Risperdal Face Accusations of False Advertising
Drug manufacturers Eli Lilly & Company and Johnson & Johnson are facing expensive civil litigation for injuries caused by their drugs, Cymbalta and Risperdal. ...
Staying in Your House After Foreclosure Proceedings Start
The length of time you will be allowed to remain in the home after a foreclosure varies from state to state. However, no matter the jurisdiction, legally speaking, you do not have to move out immedia...
New Jersey Court Makes Text Senders Liable for Texting While Driving Accidents
A New Jersey court has taken a progressive step in the fight against texting while driving by stating the person responsible for sending a text that distracts a driver may be liable for injuries in th...
Protecting Yourself Before Buying That House
As a new home buyer, prepare yourself to make one of the most important decisions you will make over the course of your life. It is, for many people, the single biggest purchase they will ever make an...
Real Property Defined
Real property is generally defined as land and things permanently attached to the land. Things that are permanently attached to the land include homes, garages, and buildings, and may also be referred...
Real Estate Syndications
Real estate syndicates create, sell, and operate real estate investments. This type of industry was especially popular in the '80s, due to the favorable tax shelter treatment offered in the IRC. They ...
Enforcing a Zoning Ordinance
If you find that a nearby or neighboring property owner is in violation of the local zoning ordinance, then you have a variety of options. You can either attempt to settle the matter by explaining th...
Legal Help for a Variance or Rezoning Change
Is a lawyer needed for a variance or rezoning change?...
What to Do When Home Seller Does Not Move Out Because of Seller’s Remorse!
One of the best ways to prevent a holdover occupation of a home by the seller is to have language in the purchase agreement or any addendum to it placing safeguards to prevent this problem as well as ...
Responsible Party for Home Repairs Following a Home Purchase
Whose responsibility is it to have the repairs done and paid for on unexpected problems with air conditioning, stove, roof, water heater, furnace, following a newly purchased home: the seller, the buy...
Refusal to Close on a Commercial Real Estate Contract
If the real estate contract is silent as to what happens if the seller defaults, then in most states, the buyer can go to court and sue for specific performance. This type of lawsuit does not demand m...
Remedies When the Seller Refuses to Complete the Sale Under the Contract
Assuming you have fulfilled all that was required of you under the contract for the building purchase, and assuming the contract meets all the requirements to be considered legally valid, you have two...
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