Real Property Legal Questions and Answers
when is a disclosure legal and when is it null?
I was in the process of purchasing a townhouse in Washington State. I had given them my earnest money, and things were proceeding smoothly. The owner presented me with a disclosure on the siding of the home. The siding was involved in a class action suit, and they gave me a disclosure asking me if this was OK, or not OK. I said it was not OK, since the siding is bad on the ...
08/15/2007 | Category: Real Property » Residential ... | State: Oregon | #7966What is a residential disclosure and a release?
What is a residential disclosure and a release? My realtor is asking me to sign it.
01/09/2007 | Category: Real Property » Residential ... | State: Arizona | #261What is needed for Homeowner's Dues to be raised by President of HOA?
I need information on association dues for condominiums. Our President seems to think he can raise the Association dues whenever he wants without a vote from the whole association (us as owners). Can he do this without a vote from the homeowners?
01/09/2007 | Category: Real Property » Residential ... | State: Minnesota | #252Can I Collect a Commission for Selling Real Estate and Have the Parties Waive My Liability for Being
I am handling the sale of a property for a friend who has agreed to pay me 2% of the sale rather than going through a real estate. Is there a legal form that I can have them sign that details the contract we have and will indemnify me of any liability surrounding the sale. Also, once I have a buyers offer is there a legal form that they will sign which will state that they ar...
04/13/2014 | Category: Real Property » Sales | State: New York | #25743How Do I Create a Private Mortgage on My Property for a Private Loan?
I have a condo I own free and clear and want to put a mortgage on it with an investor. What documents do I need to fill out for a 1) personal loan in which I am paying back over 3 years 2) securing the title to the house to him in the event of my non payments?Which forms do I need to use on your website?
04/04/2012 | Category: Real Property » Sales | State: Nevada | #25648What is the Best Way to Transfer Property of Parents Who are Dying?
My mother is 71 and has cancer with about 1 year to live. My dad is 81 and may live 2 years. They have a lake house worth about $85000 that they would like my wife and I to have now. From a tax perspective what is the best way to transfer the house from their ownership to my wife and I owning. What are my options? What forms will I need and can I do myself or should I hire...
12/04/2011 | Category: Real Property » Sales | State: Alabama | #25561Do I Need a Sales Contract to Buy Land or is a Deed Enough?
I want to buy a vacant land in Haymarket, VA, the sellers are located in Florida husband and wife are in the title, we have a verbal agreement and I'm ready to proceed with the transaction so I'll buy Virginia Warranty Deed from Husband and Wife to LLC in your website but before need to know if I need a write contract before to make the Deed ? or how this work?
12/02/2011 | Category: Real Property » Sales | State: Virginia | #25559How Do I Get Rid of a Timeshare I No Longer Want?
I have a timeshare I want to be rid of. How can I get out of it..owned for many years
10/25/2011 | Category: Real Property » Sales | State: Illinois | #25530If A Son Buys Property for His Parents How Should He Transfer It to Them?
my son-in-law is buying a home that we will live in. he expects to close september 1. we will buy the property with cash that will come available to us from him for the same amount that he borrowed. do we need an attorney to complete this transaction? do we have to have a new title search? should he include us on the deed of the original purchase? are there tax consequenc...
08/06/2011 | Category: Real Property » Sales | State: Georgia | #25285Does a Bank or Realtor Have a Duty to Tell a Buyer of a Lien on the Property?
A friend of mine filed for bankruptcy last fall. Everything was filed and completed. Early this year she got a call from a friend who said some vacant land she owned was still in her name and all she needed to do was pay up on the loan to bring it up to current status and the land would still be hers. She checked with the bank and they confirmed that she could reclaim the pr...
08/03/2011 | Category: Real Property » Sales | State: Alaska | #25278