Category: Property Law
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When to Consult a Business Debt Collection Attorney for Your Business
As a business owner, you may face challenges with unpaid debts from clients or customers. When this happens, it’s important to know when to seek professional help, particularly from a business debt collection attorney. While pursuing payment on your own may seem feasible at first, there are instances where legal intervention becomes necessary. Understanding when…
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The Impact of Property Law on Real Estate Transactions – A Comprehensive Overview
Property law plays a crucial role in shaping real estate transactions. It governs the rights and responsibilities of parties involved in the buying, selling, leasing, and managing of real estate properties. Understanding the intricacies of property law is essential for anyone involved in real estate, whether you’re a buyer, seller, investor, or real estate professional.…
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40 Property Law FAQs Explained for Beginners
General Property Law Fundamentals What is property law? Property law is concerned with the rights, use, and transfer of property, whether it be real estate or personal property. It encompasses land and buildings and any other personal effects. What are the two general categories of property? Real property: land and improvements, and personal property: movable…
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20 Critical Questions About Property Law
General Principles of Property Law What is the definition of property under law? What are some classifications of property, real, personal, and intellectual? What is the difference between real and personal property? What are the basic legal rights in property ownership; that is, possession, control, exclusion, and disposition? Acquisition and Ownership How is property acquired?…
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25 Property Law Concepts Every Buyer Should Know
Ownership and Title Fee Simple Ownership: The most absolute form of property ownership; unlimited rights to use, sell, or pass the property. Joint Tenancy: Co-ownership with equal shares and rights of survivorship. Tenancy in Common: Co-ownership without rights of survivorship; ownership may be unequal. Title Search: A search of public records to verify the seller’s…
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30 Legal Pitfalls in Real Estate Transactions
Title and Ownership Issues Defective Title: Errors or unresolved issues in the property title, such as undisclosed heirs or forged documents. Unpaid Liens: Outstanding liens (e.g., mortgages, tax liens) that must be cleared before the sale. Boundary Disputes: Disagreements over property lines or encroachments that can affect ownership. Easements: Unclear or undisclosed easements that may…
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