by attorney-austin | Nov 13, 2009 | Real Estate
Benefits of Listing Agreements A listing agreement is a contract to employ a real estate broker to act as your representative, or legal agent, in selling your property. This employment contract between an agent and you (the seller) creates an “agency... by attorney-austin | Nov 13, 2009 | Real Estate
ILSFDA Protects Individuals from Land Sale Scams Prompted by an increase in land sale scams in the 1960’s, Congress passed the Interstate Land Sales Full Disclosure Act (ILSFDA) in 1968. Administered by the Federal Department of Housing and Urban Development... by attorney-austin | Nov 13, 2009 | Real Estate
The Homestead Exemption and Shielding a Personal Residence from Creditors Upon filing for bankruptcy under either Chapter 7 or Chapter 13, a debtor can face the risk of losing some or all of his personal and real property assets to satisfy the claims of unsecured... by attorney-austin | Nov 13, 2009 | Real Estate
HECM – Home Equity Conversion Mortgage A reverse mortgage is an arrangement under which a homeowner may get a loan representing a percentage of home equity. The homeowner will not be required to make payments or repay the loan so long as she continues to reside... by attorney-austin | Nov 13, 2009 | Real Estate
What is Eminent Domain? If you own a piece of land but do not want to sell it to the city, state or other government body, did you know that they can acquire the property anyway? This is called eminent domain, or condemnation, which is the supreme power of the... by attorney-austin | Nov 13, 2009 | Real Estate
Criminal Acts in Common Areas: Liability of the Association By collecting fees from individual condominium owners, a condominium association typically agrees to maintain the common areas of the complex. However, the association may also be required to take reasonable...