| Lead Hazards |
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| The issue of lead hazards is of particular concern with regard to dwellings built prior to 1978. In fact, the presence of lead, lead dust, or lead-based paint chips, presents serious hazards to children, as well as adults. More... |
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| Rights of a Possessor |
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| At common law, possessors of property who sought to recover possession from a subsequent possessor could bring a suit that alleged a trespass to land or a trespass to chattels. Another form of relief was a suit that alleged conversion. Adherence to the pleading technicalities was critical, but in each case, the possessor had to allege that he or she was the prior possessor. Remedies in these common law actions included the recovery of the items allegedly taken or the ejectment of persons from the possessor's land. More... |
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| Nonconforming Uses, Conditional Use Permits, and Variances |
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| Zoning ordinances enforce or develop a comprehensive plan to divide property within a governmental entity's borders. The ordinances restrict a property owner's use of his or her private property so that the public's health, safety, and welfare are protected, maintained, and developed. Zoning ordinances affect the structures that already exist within the governmental entity's borders at the time the ordinances are enacted. More... |
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| Title Insurance |
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| By the terms of a real estate contract, a seller agrees to convey clear title to a buyer. As a condition of being approved for a mortgage to buy the property, the buyer's lender usually requires the buyer to purchase a lender's insurance policy, which is paid for when the real estate transaction closes. Every closing is conditioned on proof of the seller's ability to convey clear title, the release of prior encumbrances, and the ability of the buyer's lender to have a superior interest in the property to be conveyed. More... |
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| Wrap-Around Mortgages |
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| A wrap-around mortgage refers to a type of loan transaction. With a wrap-around mortgage, a lender (often the seller of property) assumes or continues responsibility for an existing mortgage and makes a new mortgage for an additional sum which essentially "wraps" around the old mortgage, because the lender will make the payments on the old mortgage.
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