A real estate investment trust (REIT) is a company that owns and operates income-producing real estate, allowing investors to gain exposure to the real estate market without directly owning properties. By law, REITs must distribute at least 90% of their taxable income to shareholders. This means...
Estate administration is the process of managing and distributing a person’s property (the “estate”) after death. If the person had a will, the will goes through probate, which is the process by which the deceased person's property is passed to his or
aThis overview discusses the basics of criminal law: criminal statues, criminal law players and procedure, and the potential outcome of a criminal case. 这概要谈论刑事诉讼法基本: 犯罪雕像、刑事诉讼法球员和做法和一个刑事案件的潜在的结果。[translate]...
This could significantly delay the process of distributing assets in your estate, creating headaches and costs for your heirs. Spousal beneficiary rules for qualified retirement plans Federal law requires that qualified plans, such as 401(k) plans, go to the surviving spouse unless the spouse ...
However, as the saying goes, "the devil is in the details," and the details of the simple concept of the mechanic's lien can be daunting. Nevertheless, credit professionals in the real estate industry should be familiar with the fundamentals of Ohio's Mechanic's Lien Statute.Valerian, ...
In addition to being the law's most common retaliatory action, a quid pro quo sexual abuse claim can be accompanied by other forms of harassment, like bad assignments, demotions, and negative performance reviews. Retaliation Fortunately, retaliation for sexual abuse on the job is illegal. ...
There is the intervention of the government to ensure that this is a legal transaction. To facilitate this process, there is a requirement of the lawyer, and in certain cases the real estate agent. They enable the two parties to systematically draw the deed. Their help is often required as...
Single-family houses are sold or rented by the owner without the use of a real estate agent. Housing is run by a religious organization or private club that limits occupancy solely to members. Fair Housing Act exemptions to “housing for older persons” ...
By Kelsey Cooke, Attorney University of Detroit Mercy School of Law Updated 7/24/2023 Why Trust Us? Fact-Checked A land contract is a written legal contract, or agreement, used to purchase real estate such as vacant land, a house, an apartment building, a commercial building, or other ...
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