| Mortgages -- Satisfaction |
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| When a borrower pays off a mortgage or deed of trust, the lender on the mortgage or deed of trust must record a notice that it no longer holds a security interest in the mortgaged property. The laws governing such notifications vary from state to state, and the laws of each state must be consulted individually for further details. A satisfaction of mortgage may also be known as a release or cancellation. More... |
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| Whether to Rent or Buy a Home |
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| At some point, most individuals consider the issue of renting a home versus buying a home. It is a big decision with far-reaching financial implications. As part of the decision-making process, it may be helpful to use a rent/buy calculator (easily found on the Internet). Such a calculator will not, however, provide a clear answer. A consideration of other issues is necessary. More... |
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| The Attractive Nuisance Doctrine |
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| Generally speaking, an owner of real property owes no duty to a trespasser, other than to avoid willfully, wantonly, or deliberately harming the trespasser. In some circumstances, however, the owner of real property has an obligation to exercise reasonable care in order to prevent trespassing children from injury. More... |
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| The Residential Real Estate Mortgage |
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| Most purchases of residential property are financed through mortgages. A mortgage is a financial transaction by which a purchaser borrows money from a lender that is payable over time. More... |
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| Finding a Real Estate Lawyer |
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| At some point, nearly everyone needs the services of a lawyer. A transaction involving the sale or purchase of real estate may well be one of those instances. More... |
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