Questions tagged [real-estate]
For questions about property that involves lands or buildings.
275
questions
0
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1answer
22 views
Capital gains tax on half a house?
My mother and I jointly own a house in Nevada. It's her primary residence, but not mine. Is there any way to legally avoid paying capital gains tax if the house is sold either because my mother wants ...
1
vote
3answers
117 views
Buying a property, neighbor across the st is using the property's address
I own a house, and am currently thinking about buying the vacant lot next to mine to ensure that no one builds on it (beautiful view).
While talking with the seller they mentioned that the neighbor ...
2
votes
3answers
53 views
Hypothetical - new land ownership
I am intentionally not specifying a country for the following as I am interested in answers for different countries.
Lets say that instead of global warming we would have global cooling - the ice ...
0
votes
1answer
71 views
Adverse possession in MA, USA
X bought property recently in MA.
X does land survey for the purpose of building fence.
Survey reveals:
(1) row of small plants of neighbor Y is inside X property.
(2) old fence between neighbor Y and ...
0
votes
0answers
52 views
Roommate/co-tenant said she would renew but lied after I sign lease - invalid lease?
So, my roommates and I planned to sign a lease renewal as co-tenants in NYC. While some of the roommates already signed it, the others changed their mind last minute. This unfortunately means the ...
1
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0answers
13 views
What constitutes 'pre-existing structure' in a tax abatement?
I recently purchased a new construction condo in Philadelphia, PA which is subject to a tax abatement via Philadelphia Ordinance 1456-A. According to a document I have from the City of Philadelphia's ...
0
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1answer
34 views
How to encourage landlord to fix retaining wall
I am located in Colorado, USA.
We own a house that has a rented home behind it. There is a retaining wall between the two properties. We have checked on the county assessor's website and the ...
0
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0answers
41 views
Is it true that only people who own properties in Karnataka can make an agreement of sale in Karnataka?
I am planning to purchase a plot in Karnataka. Currently I have no properties in Karnataka and I'm a Keralite. I heard that in order to make an agreement with the plot owner, I need to have some ...
-1
votes
2answers
57 views
Does this Restrictive Covenant apply to new purchasers?
I am considering buying a house. There's a restrictive covenant attached to it that begins as follows (emphasis mine, blanks contain the original husband and wife who were the developers):
_____ ...
1
vote
1answer
32 views
Recourse loan state and Non-Recourse loan state which one prevails?
Someone that lives in a non-recourse state buys property in a recourse state. All signatures where done by mail in their home state. Is it automatically a recourse loan since the property is located ...
0
votes
1answer
92 views
How can I protect my family land, my family relationships, and my husband? [closed]
My grandmother is the sole owner of 40 acres of land. Her will states that it will be divided between her children, my aunt and my dad, upon her death. My father died a few years ago, and my ...
0
votes
1answer
105 views
Buying all the timeshares
What if you own a fractional property or a timeshare which we all know are a rip off, but then you bought everyone else’s time shares for that particular fractional property. Would you own that ...
2
votes
1answer
53 views
UK Estate Agent withdrawing house before occupancy without returning fees
In February, my relative agreed to rent a house. She paid a holding deposit, and after numerous credit checks the move was agreed - to begin on 1st April 2020. She paid the deposit and first month's ...
1
vote
1answer
31 views
What is a “generic” deed form (for transferring house)
I called my town's county clerk office (in Florida, USA) to inquire about how to transfer the deed of my parent's house to being solely in my mom's name following my dad's passing (she is disabled and ...
0
votes
0answers
18 views
Is a real estate license enough to act as a buyer's agent?
Location is United States, Tennessee.
I've heard that you need to be part of a brokerage in order to serve as a listing agent, but I haven't found a definitive answer on if that's a requirement to ...
1
vote
1answer
51 views
Quitclaim reversal in Washington state. Statue of limitations? Options? Legal recourse?
My question involves real estate located in the State of: Washington
My home, has been hostilely taken over. It appears after my home was legally purchased and transferred into my name, that a ...
3
votes
0answers
46 views
Who decides the sale price of jointly owned property?
Two friends decide to purchase a condo 50/50 and become roommates. Foolishly, no agreement between the friends is entered.
Shortly after, roommate A finds a girlfriend. The relationship rapidly ...
0
votes
0answers
14 views
Contract for deed purchase with existing tenants
When purchasing a property contract for deed with an active month-to-month lease and tenants on the property, does that lease typically transfer to the purchaser? Or, is that something which has to be ...
1
vote
1answer
163 views
Can land lord prevent room sharing overnight due to religious reasons? We both pay rent separately and have two separate rooms
Landlord is trying to prevent bf and I from sleeping in one room overnight. We both have our own rooms. However I mostly just use it to change and store my stuff. He made a written agreement after I ...
0
votes
1answer
31 views
Intestate succession in Utah: Parent and Siblings
Joe owned a home. He died without a will. His survivors are a mother and six siblings.
Do I understand correctly that the mother inherits everything and the siblings nothing? Here is a link to the UT ...
1
vote
1answer
65 views
HOAs and Personal Assistant
What can my personal assistant do when the HOA sends me a violation or other such letter? Can they research the CC&Rs, Bylaws or other such states, federal statues to help me better understand the ...
0
votes
0answers
15 views
Can you buy a granted land for a SC/ST in India? If so, what are the documentation to be followed?
If a land is owned by a SC/ST person and it is a granted land to them.
If you want to buy that land from them, what are the legal procedure that needs to be followed to buy it?
As there are few ...
0
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0answers
40 views
What does the article of this will mean in layman's terms?
ARTICLE III
I specifically device and bequeath a life estate of my real property located at LOCATION unto PERSON1 as long as they reside there upon and reasonably maintains the same with the ...
0
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0answers
20 views
signature requirements on deed
I understand that deeds, which are used to transfer real estate, are not governed by the Uniform Commercial Code. The UCC signature requirements allow a wide range of methods for executing a signature....
0
votes
0answers
36 views
Is it usual and cutomary for seller to provide credit card debt amounts and bank accounts to title agent
Got an unusual one.....selling a house, from an estate, as court appointed administrator. Title agent is asking administrator to provide the consumer credit cards and amounts, of decedent, owed to ...
0
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0answers
38 views
Is it fraudulent to run two similar companies for splitting out debt?
I started a reconstruction project about 2 years ago. I signed a contract with a building firm, let's say A, including a reconstruction plan of about one year.
One year and 9 months later the ...
0
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0answers
54 views
Can one claim adverse possession by simply securing an existing boundary in England?
A small (.5Acre) plot of land sits adjacent to our property boundary, officially designated "grazing land" it is in practice wild scrubby, sometime-flooded ground that sits between our garden and the ...
0
votes
1answer
90 views
Pipes Froze BC Condo Owner Blocked Furnace Vents
TL;DR: I live in a condo and a majority owner turned off the furnace which heats our crawlspace. Our pipes froze and I would like to explore legal actions to resolve this issue.
Hi Everyone,
I am in ...
3
votes
1answer
126 views
Can my landlord force me to sign an agreement whereby I'd have to pay their legal fees?
Canada, Ontario:
My landlord included this item in the additional terms for a lease they want me to sign:
Tenants agree to pay all reasonable costs, Lawyer’s fees and expenses
made or ...
0
votes
0answers
24 views
NYC new apartment purchase- transfer of funds to trust account of the attorney
We live in Australia and we bought a new apartment in the US(NYC). We already paid 30% of the apartment price and for the closing we need to pay 70%.
Our US lawyer told us that we should transfer the ...
1
vote
1answer
16 views
In an LLC (real estate) with two equal members, who is considered the owner of the LLC's properties. The LLC, or the partners?
I am one of two members of an LLC that owns property in Kentucky. Could one or both of the members be considered the owner of a particular property, or would the LLC represent the legal owner?
A ...
0
votes
1answer
68 views
One child gets the heritage 40 years later?
I have a question about how to deal with the following issue:
There's a family with two kids. The family property is 2 houses (same value, one is home to the family and the other is empty).
The older ...
3
votes
3answers
191 views
Can a man who owns a strip of land going through another's house extort the owner of the house with threat to build on the land?
There was a recent article on cracked.com discussing an individual who accidentally purchased a tiny strip of land, worth approximately 50 dollars, thinking he was purchasing the house it ran through. ...
1
vote
1answer
112 views
Buying a home from a 'sale by owner' that was previously listed by some agent and shown by my agent. My agent asking commission and raising price
The incident is based in Arizona.
An agent was assigned to us a part of our relocation. The agent showed some houses which I had done the research for. So I had found the house and asked them to show ...
1
vote
2answers
77 views
Affidavit as an eviction notice
This is a question exploring a solution to this situation Curious case of real-estate transaction with predatory tenants
A seller has entered an agreement with a buyer in the jurisdiction of Nova ...
4
votes
2answers
490 views
Curious case of real-estate transaction with predatory tenants
This question is looking for some ideas and some underwater rocks that haven't been though of yet.
The context:
Jurisdiction: Nova Scotia, Canada
A buyer and a seller has entered into an sale ...
1
vote
2answers
34 views
Real estate - Transfer Disclosure Statement and Disclosure of Repairs
This question pertains to real estate law in the state of California. I recently purchased a house and moved in this past weekend. Yesterday, the first rain event of the season occurred, and several ...
0
votes
2answers
253 views
Incorrect details on MLS listing, misrepresentation?
I am my own real estate agent and I recently got a property under contract. The description the selling agent added on the MLS said the property was rentable via Airbnb. When I asked for the bi-laws ...
1
vote
0answers
34 views
Bank tell me it is safe to wait for real-estate loan offer
I'm trying to buy a real-estate and I have already signed a sales agreement.
The bank tells me it is slow currently to print an "Offre de prêt" (loan offer), and has given an "Accord de prêt" ...
0
votes
1answer
33 views
Is a notarized signature required on a title search?
I've noticed that in preparation for closing on a house, a title search is done. What is the name of the document that is produced when the title search is complete? And does that document need to ...
1
vote
3answers
92 views
Does an out-of-state (U.S.) business broker or advisor need to be licensed in the state where the business is to get paid a finder's fee?
If I am based in a state that DOES NOT require a business broker or real estate license to sell a business but I work on a deal in a state (WA, OR, CA, CO, FL, etc.) that does require that license, ...
3
votes
2answers
133 views
Can I buy a housing development lot and not build a house?
Around the suburbs of Kansas City, there's no shortage of housing developments where you can buy an empty lot and are expected to use the land to build a house.
Would there be any zoning law ...
2
votes
1answer
91 views
Does buying property on mortgage gives any sort of protection against future Compulsory purchase & massive devaluation
Background (inserted editorially)
One of the risks of buying a flat / house is that the neighborhood will be declared blighted by the government which would then force property owners to sell their ...
4
votes
0answers
341 views
Striking a “ready willing and able” clause from an Estate Agent's contract
Uk-based
I'm about to instruct an Estate Agent for the sale of my house.
I asked for a draft of the contract and found that it included a "Ready, willing and able" clause.
Full text:
You will ...
0
votes
1answer
48 views
Time share fees
I have a time share which I have difficulty using as the places I want to go are never available when I want them. I have tried to sell it with no success. It is paid for but there are hefty fees ...
3
votes
2answers
976 views
Are there successful ways of getting out of a reverse mortgage?
My father in-law took out a reverse mortgage several years ago. He later passed away. It wasn't until after his death that we learned about the reverse mortgage. He died approx. 4 years ago this ...
0
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0answers
32 views
UK Limited Company buying real estate in the UK
Alice is the sole director of ACME Limited, a UK limited company registered in England and Wales with a registered office as well as trading address close to Liverpool. Alice is an EU national who is ...
2
votes
0answers
132 views
Can someone put signs in my road verge?
I live in Austin, Texas. The road verge (the strip of grass between my sidewalk and the street) belongs to the city, but I am required to maintain it. We've had a serious outbreak of political and ...
4
votes
1answer
197 views
What does “residence of temporary character” mean
The protective covenants and restrictions section on the deed of a house has a clause stating:
No trailer, basement, garage, barn, or other outbuildings erected on this property shall at any time ...
0
votes
1answer
73 views
Can an estate agent legally incentivize someone to sell below market value?
My neighbor is selling his house and the estate agent has listed it below market value, but in return is offering to pay the stamp duty and bill to refurbish the kitchen in the house he is moving to.
...
