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Consider the Association When Buying a Condo

Condo Association Common Elements

The buyer in a real estate transaction certainly is advised to do their “due diligence” in making the decision to complete a purchase.  Due diligence is the process of systematically researching and verifying all information needed to make an informed buying decision.  For the purchase of a residential condominium this includes researching the Condominium Association, […]

Title Insurance: Buyers & Owners Policies

Lock and Keys

It is critical when making a real estate investment that the owner knows he owns the property free from any claims by third parties. When a buyer contracts to buy a home, he wants to be certain that the seller can legally sell it. Ownership of real estate can be very complex. There can be […]

The BP Oil Spill Court Approved Settlement Process

Geography Covered by BP Oil Settlement Agreement

Please Note: The Final and Firm Deadline for filing a claim is: June 8, 2015 For more information use the contact form at the end of this article.   On April 20, 2010, a blowout, explosion, and fire occurred aboard the Deepwater Horizon, an offshore drilling rig, engaged in drilling activities on the “Macondo Well” off […]

Types of Property Ownership are Important in Estate Planning

private property

The principal goal of estate[1] planning is to see that the wishes of the person who accumulated property[2] are met. The most familiar method for addressing this goal is a valid Last Will and Testament. An additional tool maybe a Revocable Living Trust[3].  Both of these legal tools are primarily designed to direct disposition of […]

Real Estate Contract Contingencies & The Attorney Review Period

Sign on the Dotted Line

People making an offer to buy a home should be certain the written contract offer includes an attorney review period. Small contract matters can have big consequences. Residential real estate transactions typically begin with a written offer from an interested buyer to a seller.  Form contracts[1] are often used with blank spaces for the property […]