| Disclosure of Material Facts and Hidden Defects |
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| When a buyer is looking for a dream home, the last thing he or she expects to find is a material defect that will change the dream into a nightmare. To avoid that scenario, a real estate agent has an obligation to make a full and timely disclosure of all known facts that are relevant or material to the condition and characteristics of the property under consideration. More... |
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| The Doctrine of Waste |
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| The rationale behind the doctrine of waste is that one who is entitled to receive a future interest in real property is entitled to receive the property in the same condition it was in at the time the future interest was created by the original grantor. Although the doctrine of waste may prevent changes that increase the value of the property, more often it refers to action or inaction that damages the property in some respect. More... |
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| Legal Research on Real Estate Law |
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| Today, more so than ever before, non-lawyers have occasion to conduct legal research. A question involving real estate law may provide such an opportunity. The process can be quite daunting. More... |
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| Contingency Clauses in Real Estate Contracts |
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| In the context of real estate transactions, buyers and sellers agree to contingencies. A contingency is a clause in a contract that allows a party to escape his or her obligations under the contract in the event that certain conditions are not met. More... |
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| Tax Liens |
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| A tax lien is a mechanism that is available to a taxing authority to insure the payment of taxes. With regard to real property, a tax lien may arise when a property owner fails to pay the taxes that are due on a property. A tax lien constitutes a cloud upon the property owner's title to the property. More... |
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