In real estate, long-term property lease situations (30–99 years, with options for lease extensions) are typically referred to as ground leases. Ground leases and subsequent property transfers can be especially tricky for several reasons. The specifics of a ground lease […]
Often, people don’t think about hiring an attorney when they are buying or selling real estate, but this could be a big mistake. Attorneys that specialize in real estate can provide you with more benefits than you may realize at […]
Are you going to be starting up a new business in the coming year? This is a big endeavor, and you’ve likely been planning the launch of your company for a while now. However, as prepared as you might believe […]
Are you a real estate investor, or do you want to get into the field? It has the potential to be a wonderful, lucrative business. However, it’s not something that you want to do on your own. If you want […]
A home inspection is often required before you close on your new home. When you are getting ready to buy or sell a home, an inspection of the property’s major systems is essential to help determine its overall condition. The […]
When unable to attend an in-person for the purpose of buying a home, you can carry out the entire process from any location on the planet. Thanks to recent technological advances used to conduct virtual meetings, such as Zoom and […]
Purchasing a home in a development with a homeowners association (HOA) can look like a wonderful idea until you violate one of the HOA’s bylaws, which are designed to maintain an orderly community and prevent members from actions that might […]
Usually provided by a renter during or before the signing of a lease, a security deposit is an amount of money, typically one month’s rent, held by a landlord or property manager to cover repairs for damages beyond ordinary wear […]
A closing settlement statement often completes a real estate transaction. You can also call them a settlement sheet or a HUD-1 statement. These documents present a comprehensive itemized listing of the funds and credits exchanged in the transaction, along with […]
By describing your conditions and expectations about rent payments, use of your property, and related topics, a well-fashioned landlord and tenant agreement provides the foundation for successful communication between you and your renters. The agreement also functions as a guidebook […]
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