| Fee Tail Estates |
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| The fact scenario set forth above describes the creation of what is known as a "fee tail" estate. A fee tail estate is one that is restricted by the grantor to lineal descendants, as opposed to collateral heirs.More... |
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| Bridge Loans |
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| A bridge loan is a short-term loan designed to assist a borrower in Alex's situation. When a borrower has sufficient equity in an existing home, the borrower can borrow against the equity in the existing home in order to finance the down payment on a new home.More... |
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| Lead Hazards |
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| The issue of lead hazards is of particular concern with regard to dwellings that were built prior to 1978. In fact, the presence of lead, lead dust, or lead-based paint chips presents serious hazards to children as well as adults.More... |
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| Adverse Possession |
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| Adverse possession is a way that a claimant can establish title to real estate. Essentially, adverse possession is a nonpermissive use of land with a claim of right.More... |
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| Termite Inspections |
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| In residential real estate transactions, it is not uncommon for standard contracts to contain a clause that makes the buyer's consummation of the transaction contingent upon the home passing a termite inspection.More... |
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