In a real estate transaction, the seller has the legal obligation to deliver full title to the buyer. The purchaser has the legal right to enjoy the full ownership of the property that they have bought. However, there may be issues with title that arise during the transaction process or afterward. Here are some of them. Unknown easements – …
Commercial leases are far more complex than one for residential real estate. These are usually agreements between two parties that have more sophistication. There are far more variables and topics that need to be covered in the language. Here are some common terms of a commercial lease. Lease type – There are several different types of commercial leases. The…
It may surprise you to learn that you may not get the exclusive use of property that you have purchased. For various reasons, others may have a right to use it, whether it was established by law or custom. An easement is defined as the right to use or cross someone else’s land for a certain specified purpose. The…
