| Disclosures in Residential Real Estate Transactions |
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| One of the biggest decisions in a person's life is the decision to buy real estate. The excitement often associated with the purchase of a new home can be overshadowed by disappointment once the newness wears off and defects become apparent. Generally, the rule of "caveat emptor" -- buyer beware -- requires the buyer to conduct a reasonable inspection of the premises to discover defects and imperfections. More... |
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| Rights and Duties of Co-Tenants |
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| Co-tenants may own real estate in one of three ways -- as joint tenants, as tenants in common, and as tenants by the entirety. Except for the exclusive rights noted below, co-tenants generally have the same rights and duties. More... |
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| Estimating the Costs of Interstate Moving Expenses -- The Non-Binding Estimate |
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| Federal law regulates the business of carriers who transport household goods from one state to another. Federal laws and the regulations adopted by the Federal Motor Carrier Safety Administration (FMCSA) come into play to advise customers of their rights, including the right to have a mover provide a written estimate of the cost of the move. The estimate may be either binding or nonbinding. With each kind of estimate, certain rules apply. More... |
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| Radon Gas Tests |
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| The existence of radon gas in a home is a health hazard. In residential real estate transactions, it is not uncommon for standard real estate contracts to contain a clause that makes the buyer's consummation of the transaction contingent upon the home passing a radon gas test. More... |
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| Common Areas |
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| With various forms of property ownership, including condominiums and timeshares, property owners become liable for common area maintenance fees. Such fees vary widely from property to property. In fact, common area maintenance fees can be quite expensive. Hence, it is an important area of consideration for all property owners and prospective property owners. More... |
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