Content Related To 'real-estate'
Lea en español Mortgages and Security Agreements—The Establishment of Collateral When a lender advances money to the purchaser of residential or commercial real estate, two documents are executed with respect to the repayment of those funds: A promissory note sets forth the terms of repayment—how much interest will be paid, how many years the borrower […]
Lea en español States differ on whether a tenant may sublease an apartment without the express permission in the tenant’s lease or consent from the landlord. If your lease permits subleasing, the fact that your landlord does not consent to it should not deter you from subleasing. If your lease does not allow subleasing or […]
Websites General ABA Section of Real Property, Trust & Estate Law – Links to member information, CLE courses, publications (e.g., Probate and Property Magazine), and other resources. Real Estate Transactions – Offers an overview of this area of law. Also links to federal and state statutes, important case law, and more. Real Estate Law – […]
Lea en español Mortgage Documents A mortgage involves two important legal documents: a promissory note and either a mortgage document or deed of trust. The Promissory Note The promissory note (also called a mortgage note or real estate note) is a note the buyer gives to the lender promising to repay the amount of the […]
Lea en español The Laws Governing Real Estate Contracts The purchase or sale of real property is governed by both common law (judge-made law), and by state and federal statutes (enacted by state legislatures or Congress). As a result, the requirements for a valid and enforceable real estate contract vary from state to state. Real […]
Lea en español What the Subprime Mortgage Lending Crisis Means to Americans by James R. Nowlin III, Esq. Feb. 28, 2008 What was once the fast track to home ownership is now one of the weakest links in America’s economy. The subprime mortgage lending meltdown has had a dramatic impact on the economy and will […]
Lea en español You’ve been saving for a down payment for your own place…or the family’s growing and you need more room…or the kids are on their own and it’s time to downscale. When you are looking to buy, sell or rent real property, the more you know about the law, your rights and your […]