With both residential and commercial properties, a property inspection is an important part of the transaction process. Many buyers will use a contingency clause saying that they can walk away from the deal if the property fails that inspection. They do not want to...
We Understand The Ins And Outs Of Real Estate Law
Year: 2023
Need to evict a tenant? 4 steps to take in advance
Evicting someone from their home is much more stressful for landlords than you might expect. The eviction process can also expose them to risks and liabilities if they do not follow the proper procedures and respect the tenant’s rights. Before you begin the formal...
When can someone claim adverse possession of New Jersey land?
Someone who purchases or inherits real property in New Jersey will have a financial interest in preserving their ownership rights. Typically, those who own real property have the right to use the property, leverage it as collateral for a loan or sell it to other...
3 issues to consider when choosing a structure for your business
New Jersey is brimming with entrepreneurial spirit and industrial diversity, attracting many diverse business types. Those looking to start a new enterprise here may have good odds of gaining a foothold in the state consumer market. However, you must make a few...
The small but serious risk for those buying a home from an estate
There are many benefits to buying a home from an estate. The personal representative conducting the transaction will likely have less of an emotional attachment to the property than someone who lives there full-time. There is often pressure to complete a sale as...
How can people remove blemishes from a property’s title?
Title records help to clarify ownership of real property and also the financial rights of those with an interest in the property. Title records can show easements held by a third party or liens obtained by creditors and financial institutions. Title records,...
Most inspectors look for these 5 issues in homes
Home buyers often benefit from hiring inspectors. Inspectors evaluate homes for major issues that could create problems for buyers in the future. Essentially, a home inspector helps buyers from purchasing homes they later regret. Home inspectors often do thorough...
Three essentials for seniors to consider in estate planning
Like many people, you may have created an estate plan earlier in adulthood – maybe when you started a family. Unfortunately, it may fail to address your needs as you enter your senior years, even if you regularly update your documents. Many things about your life can...
3 considerations when investing in commercial real estate
Real estate investments can generate profit in a number of different ways. Sometimes, investors repair or improve properties and resell them for more than they purchased them for. Other times, they turn their investment strategy into a source of ongoing income by...
2 mistakes to avoid when choosing a guardian for your child
No one wants to imagine the possibility of someone else raising their child. But life has its share of uncertainties. As difficult as it is, the decision to designate a guardian for your child is one that you should never overlook. A guardian is basically an...