A mechanic's lien is a legal process that seeks to guarantee payment for contracted services rendered on an improved piece of property. Depending on the laws of a particular location, contractors, subcontractors, and suppliers can file this lien within a certain amount of time after the work ha...
Cornell, Jason
Tenancy by the entirety is a type of shared ownership of property reserved only for married couples.
A warranty deed is one of three ways provided under Florida law to legally convey title to real property. Compared to the grant deed and the quit claim deed, the warranty deed is the most comprehensive deed under Florida state law because the warranty deed includes title guarantees that are n...
In Florida, probate is typically required for estates with a total value of $75,000 or more, excluding the value of the deceased person’s homestead property. If the estate falls below this threshold, it may qualify for a simplified probate process known as “summary administration.” ...
Once a debt is time-barred, creditors and collectors cannot place aproperty lienagainst your home or garnish your wages for payment. What they can do, however, is continue to contact you and ask you to repay. Depending on the state in which you live, they may also still have the right...
(until you pay off the loan or buy out the lease). Because of this, lenders require full coverage to ensure that you will be able to pay off the balance of your lien if the vehicle is totaled. In situations of a lease, many banks require drivers to carry higher liability limits of ...
7 Clever Ways to Track Your Money Goals You’ve set ambitious money goals. Here’s how to ensure you meet them. Maryalene LaPonsieSept. 27, 2024 How to Calculate Your Net Worth Knowing your net worth can give you insight into your overall financial health. ...
In construction, a contractor is an individual or company hired by the homeowner or property owner directly to complete a project. This person or party is often called the general contractor (GC), prime contractor, or original contractor, but most construction contracts simply refer to the “cont...
Is PACE a loan? PACE is not a loan. PACE financing provides upfront money for energy efficient improvements that is repaid over time (with a low interest rate). PACE financing uses the property as collateral; a first priority lien will be placed on the property, ahead of other liens ...