one category of creditors but not enough to fully pay the next category of debts, the law may outline a formula for providing partial compensation. As there are insufficient assets in an insolvent estate, heirs and beneficiaries generally do not receive any inheritance, even if there is a will...
What Is a Mother-in-Law Suite in Real Estate? You've likely heard the term Mother-in-Law Suite when searching for Real Estate. Typically, that is followe...
Wippler notes. Though students with an interest in real estate law do not need to pursue work experience or extracurricular activities that relate to that subject during law school in order to get hired in the field after graduating, doing so is helpful and...
what law is preventing you from doing it and your justification for why you should receive an exception to the rule. Some homeowners may lean on a real estate attorney for assistance crafting the letter. Note that the way to secure a zoning variance may vary depending on your local municipali...
An estate sale is a quick way to make some money by offloading a loved one’s possessions. However, if the sale isn’t done properly, it can cause undue stress and financial complications. Understand what an estate sale is and how the process works.What
An estate is a person's assets, including all of their money, physical property, and intellectual property. When a person dies...
“Also, some real estate agents may steer clients away from certain neighborhoods based on their racial makeup.” This practice, known as steering, is also now illegal. Bias also impacts the home appraisal industry. Because home appraisals look at past property value trends in neighborhoods, ...
During the course of business, an agent may benefit. This is especially true when an agent is paid to perform a task on behalf of the principal. For example, a real estate agent commonly receives a commission for their work in selling a house. ...
Privilege, in the right of ownership, claim or charge on property that ensures the payment of a debt or the performance of an obligation or obligation. Although the term is of French descent, privilege as a legal principle was a property right recognized in early Roman law. Moving companies ...
A dwelling insurance policy is meant for non-owner-occupied buildings, unlike the similarly named dwelling coverage found in a standard homeowners policy. Some non-owner-occupied buildings include rental properties, vacation homes and real estate investments. ...