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Advantages of Utilizing a Real Estate Law firm When Promoting a House

Even though most folks hire a actual property agent when marketing a residence, numerous times they do not think to hire a actual est law firm. Even so, hiring a attorney is typically a prudent apply, as there are many different services that they can present that a actual estate agent can not.

A actual estate lawyer will assist shield your rights as a seller. They will also be able to evaluation authorized documents and types, which can make it considerably less difficult for you to know what you ought to be signing.

A law firm can also avert any unexpected concerns with the home’s title, and can be of great guidance if there come about to be any liens on the property. Discovering out about any potential issues early can save a great deal of time and cost later on in the promoting method. You don’t want to have any regrets down the street and wish you had completed points in a different way.

If you have any require for negotiations in the course of the marketing approach, especially in regards to the terms of the invest in agreement, a law firm can supply a great deal of support. Obtaining a attorney at law on your aspect can significantly improve the probabilities of negotiations turning out in your favor, as an alternative of in favor of the buyer.

It can also be useful to consult with a attorney if you have presents or counteroffers made on your home. There can be tax implications on these issues, so you’ll want to make certain they are handled properly. As extended as you handle these things with care and intelligence, you’ll stop up accomplishing what you originally meant to do.

A law firm can also assist make certain every little thing is in order when it is time to shut the sale. Attorneys can also be useful to make confident that security deposits are transferred appropriately, and that all required insurance is in place.

Attorneys often attend the closing of the sale, so that they can make positive every thing goes as expected. This can offer you with the peace of brain of realizing that nothing will go incorrect at the final minute, and that there won’t be any surprises.

Despite the fact that you will have an further payment to spend if you rent a true property attorney at law, most individuals really feel that the cost is really worth it. Right after all, their payment is usually much much less than some of the fines, charges and other expenditures a single may possibly encounter if a genuine property sale is not dealt with properly.

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Bivins & Hemenway Welcomes Eric A. Cruz

(Vocus) September 20, 2010

Bivins & Hemenway, P.A., a full service commercial law firm located in the Tampa Bay area, welcomes Eric A. Cruz as an associate. Mr. Cruz will be practicing primarily in the areas of business and real estate law from both transactional and litigation perspectives.

Mr. Cruz graduated cum laude from the University of Florida with a Bachelor of Science in Business Administration with an emphasis on Management in 2007. Mr. Cruz also attended the University of Florida Levin College of Law and graduated cum laude in 2010. His education included a strong emphasis on business and estate planning topics, and he developed further experience with estate planning and probate matters by serving as a student extern in the probate division of the Eighth Judicial Circuit Court in Alachua County, Florida. Mr. Cruz, who was born in Puerto Rico and moved to Florida as a teenager, is fluent in Spanish and has a strong interest in the growing role of the Hispanic businesses in central Florida.

About Bivins & Hemenway, P.A.:

Bivins & Hemenway, P.A., is a full service, AV-rated, commercial law firm serving clients across central Florida and the Florida west coast from offices located in the commercial heart of the fast-growing community of Brandon, located just east of Tampa, Florida. The firm is committed to providing sophisticated legal services to its clients in a timely, practical, and effective manner that emphasizes value and personal attention. The firm enjoys an outstanding reputation for professional integrity and client satisfaction and its individual lawyers and professional staff are proud of the role they have played over the years in countless successful business transactions and real estate projects, as well as in zealously advocating the interests of their clients.

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Real Estate and Property Law for Paralegals by Neal R. Bevans (Paperback – Aspen Law & Business) Price Comparison

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Real estate law- Before and after purchase

Before buying real estate, there are several things that are to be looked into. Today most purchases can be on properties that are distressed. For this you would need Florida Real Estate Lawyers. A lawyer is just as important as an appraiser and a property assessment expert. You have to fulfill legal obligations before you sign the sale deeds. The same applies to selling. If you are planning to sell, and if the property faces foreclosure, you may naturally opt for a short sale and it need not be mentioned that it becomes difficult without aid of an attorney.

Real estate properties

Today, real estate transactions are less about new properties and more about distressed properties. Real estate investors prefer flipping as it supposedly maximizes profit as opposed to holding it for a long time. Flipping per se is legal but often it has assumed an illegal connotation. In order to do it right, real estate investors often have, Florida Real Estate Lawyers assisting them and helping them drafting agreements. When buying distressed properties, the proceedings of foreclosure, if initiated, take a very long time and the defaulter may instead choose a short sale.

Going through the grind in Coral Springs

The prospect of buying real estate is exciting but when one comes to the amount of work and the legal obligations that need to be fulfilled, the prospect may seem daunting. However with a lawyer on your side, it is not going to be as tough as it seems. Real Estate Attorney Coral Springs not only help with the legal aspects, but also can give you sound advice about the property itself and purchase decision. They can help draft promissory notes for mortgage and also review them to ensure that there are no errors, which means that there is no delay. The title part of a deal i.e. transfer of title in most cases, also requires drafting and Title Attorneys Florida may also offer such services. Most law firms have such Title Attorneys Florida, to provide their clients the benefits of a title services company and also protect their assets.

Real estate without a lawyer

Without a lawyer, real estate transactions are seldom done in several areas including Coral Springs. Since there are many laws governing real estate in every state and county, it would be unwise to buy or sell property without discussing with a Real Estate Attorney Coral Springs.

There will be web events hosted once a week over the next two months. This will take place every Wednesday at 1 PM for information purposes only. The seminars will focus on the essential legal elements of the Real Estate industry. This is the perfect opportunity for people to acquire free legal knowledge and perhaps form a client- attorney relationship. Visit us at www.americanadvantagelawgroup.com. You may also contact us by calling (949) 863-1888 or emailing us at americanlawfirm411@gmail.com



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Brookstone Law, PC, Earns “A+” Rating from Better Business Bureau

Los Angeles, CA (PRWEB) November 17, 2010

Brookstone Law, PC, a provider of business, corporate and personal finance, employment, entertainment & media, art & museum, intellectual property and real estate law has received an “A+” accreditation from the Better Business Bureau (BBB).

With offices in Los Angeles and Newport Beach, CA, and Ft. Lauderdale, FL, Brookstone is one of the fastest growing firms headquartered in the Southern California region.

“Because we specialize in helping consumers with a wide range of legal services, accreditation by the BBB is extremely important for our firm,” said Vito Torchia, Jr., managing attorney of Brookstone Law. “We are proud of this significant verification of our commitment to our clients and the services we provide.”

The authority on consumer trust in the marketplace, BBB has been setting high standards for ethical business behavior for more than 80 years. BBB accreditation VU highly sought after and only earned by businesses that adhere to the BBB’s high standards for quality, reliability and trust.

The firm’s expertise in business and entertainment law, and its track record of success in real estate and intellectual property matters, especially during the current economic climate, have given Brookstone Law the opportunity to consistently showcase its broad range of legal services and the firm’s effectiveness for clients nationwide.

ABOUT BROOKSTONE LAW, PC

Based in Los Angeles, with offices in Newport Beach, CA, and Ft. Lauderdale, FL, Brookstone Law, PC, is a law firm comprised of attorneys with experience and success in business, corporate and personal finance, employment, entertainment & media, art & museum, intellectual property and real estate law. The firm has a network of more than 40 affiliate attorneys nationwide and employs highly trained specialists, paralegals, paraprofessionals and administrative staff dedicated to serving our clients. For information, call (800) 946-8655 or visit http://www.brookstone-law.com.

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Portland, ME (PRWEB) August 7, 2009

Forty-eight lawyers from Verrill Dana, LLP were recently selected by their peers for inclusion in The Best Lawyers in America® 2010.

Since its inception in 1983, The Best Lawyers in America® has become universally regarded as the definitive guide to legal excellence in the United States. The current, 16th edition compiles more than 2.8 million responses from leading attorneys to an exhaustive survey regarding the legal expertise of their professional peers. Because Best Lawyers is based on this confidential survey, and because lawyers are not required or allowed to pay a fee to be listed, inclusion in Best Lawyers is considered a singular honor. The American Lawyer magazine has called Best Lawyers “the most respected list of attorneys in practice.”

The attorneys included are:

Verrill Dana Portland Office:

David S. Abramson (Family Law, Sports Law)

Gayle H. Allen (Bankruptcy and Creditor-Debtor Rights Law)

Eric D. Altholz (Employee Benefits Law, Health Care Law)

Charles P. Bacall (Intellectual Property Law)

Lisa S. Boehm (Employee Benefits Law)

Robert C. Brooks (Workers’ Compensation Law)

Juliet T. Browne (Environmental Law)

Anthony M. Calcagni (Real Estate Law)

Roger A. Clement, Jr. (Bankruptcy and Creditor-Debtor Rights Law)

Judith M. Coburn (Trusts and Estates)

Christopher J.W. Coggeshall (Real Estate Law)

James I. Cohen (Government Relations Law)

Kimberly S. Couch (Employee Benefits Law)

Douglas P. Currier (Labor and Employment Law)

Beth Dobson (Administrative Law, Banking Law, Health Care Law)

Jonathan R. Doolittle (Bankruptcy and Creditor-Debtor Rights Law)

William M. Fletcher (Real Estate Law)

Gregory S. Fryer (Corporate Law, Mergers and Acquisitions Law, Securities Law)

David L. Galgay, Jr. (Real Estate Law)

John P. Giffune (Construction Law)

Kenneth F. Ginder (Employee Benefits Law)

Gregg H. Ginn (Employee Benefits Law)

James G. Goggin (Intellectual Property Law)

Mark K. Googins (Banking Law, Corporate Law, Mergers and Acquisitions Law)

William S. Harwood (Administrative Law, Energy Law)

David C. Hillman (Bankruptcy and Creditor-Debtor Rights Law)

Keith C. Jones (Corporate Law, Mergers and Acquisitions Law, Securities Law)

James T. Kilbreth (Commercial Litigation, Environmental Law, Natural Resources Law)

Kurt E. Klebe (Trusts and Estates)

Alan D. MacEwan (Corporate Law)

Christopher S. McLoon (Corporate Law, Tax Law)

Mary McQuillen (Trusts and Estates)

Suzanne E. Meeker (Employee Benefits Law)

Richard G. Moon (Labor and Employment Law)

Charles R. Oestreicher (Real Estate Law)

James C. Palmer (Real Estate Law)

Alexia Pappas (Criminal Defense: White Collar)

Raymond Pelletier (Real Estate Law)

Neal F. Pratt (Construction Law)

A. Robert Ruesch (Construction Law)

Christopher R. Smith (Corporate Law)

William H. Stiles (Health Care Law)

David E. Warren (Corporate Law)

Peter B. Webster (Corporate Law)

Verrill Dana Boston Office:

Gene D. Dahmen (Family Law)

George P. Field (Commercial Litigation)

Verrill Dana Augusta Office:

Michael V. Saxl (Government Relations Law)

Verrill Dana Hartford Office:

Diane M. Fitzgerald (Employee Benefits Law)

About Verrill Dana:

Verrill Dana, LLP is a full-service law firm with more than 100 attorneys conducting a nationwide practice from offices in Portland, and Augusta, Maine; Boston; Hartford; and Washington, D.C.

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Question by Innocent: Why was Obama not prosecuted for this federal offense.?
“Senator Barack Obama (D-IL): A “Dishonorable Mention” last year, Senator Obama moves onto the “ten most wanted” list in 2007. In 2006, it was discovered that Obama was involved in a suspicious real estate deal with an indicted political fundraiser, Antoin “Tony” Rezko. In 2007, more reports surfaced of deeper and suspicious business and political connections It was reported that just two months after he joined the Senate, Obama purchased $ 50,000 worth of stock in speculative companies whose major investors were his biggest campaign contributors. One of the companies was a biotech concern that benefited from legislation Obama pushed just two weeks after the senator purchased $ 5,000 of the company’s shares. Obama was also nabbed conducting campaign business in his Senate office, a violation of federal law.”

Please limit your answers to the reason why he was not prosecuted and please include facts.

I am very interested in knowing why. Thank you
Source:
Judicial Watch #8

http://www.judicialwatch.org/judicial-watch-announces-list-washington-s-ten-most-wanted-corrupt-politicians-2007

Best answer:

Answer by Fed up American
What’s your source?

Give your answer to this question below!

Commercial & Residential Real Estate Law – Here & Abroad

Real Estate Law

Real estate is the term used within the legal industry, which encompasses the land premises and any immovable developments that are undertaken on those premises, such as buildings, walls fences etc.  There are several legal codes and regulations under real estate law which is in relation to what jurisdiction the land premises falls under.

Residential real estate – Residences can be classified if they are connected to neighboring residences and/or land premises.  The legal agreement for the right to occupy land or property is known as housing tenure.  Different types of housing tenure can be used for the same substantial type.  An example would a connected residence which belongs to a single entity and leased out; or owned separately with a contract covering the relationship between units and common areas and concerns.

Commercial real estate – real estate has become a major area for business real estate – Otherwise known as commercial real estate – with the new private property ownership developments being put into place.  The commercial real estate lawyers have evolved significantly over time.  Especially with companies who invest in land premises, are looking to develop their land as there are several specific legal characteristics which define each property.

International real estate law

International real estate law is a somewhat a new area of law.  It began in the 1980’s when globalization was being realized by the world’s larger companies.  International real estate law can be split into two categories:

International residential real estate – Usually international residential transactions occur when individuals purchase a second house apartment unit etc abroad.  They are used primarily for second homes for holiday’s vacations etc.  These have gone up drastically in recent years due to the increase in the travel and tourism market as well as the growth of international investment programs and the availability of overseas investment.

International commercial real estate – Corporations are the main type of clients which law firms see in these transactions.  They usually involve legal design, urban planning, engineering, financing, and construction work.  Legal proceedings which are international are usually supported by those foreign governments.  Many national governments have aims to attract foreign investment, as well as real estate developments which can increase country revenue and the availability of national infrastructure.

International real estate is seen as one of the most dynamic areas of law.  However, it is very much influenced by external factors such as fluctuating market values in sectors between countries.  Also it doesn’t help that we are facing a global economic crisis.

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Question by Kookoo Bananas (Go Hillary GO!): Why is OBAMA’s CORRUPTION not questioned?
” In 2006, it was discovered that Obama was involved in a suspicious real estate deal with an indicted political fundraiser, Antoin “Tony” Rezko. In 2007, more reports surfaced of deeper and suspicious business and political connections It was reported that just two months after he joined the Senate, Obama purchased $ 50,000 worth of stock in speculative companies whose major investors were his biggest campaign contributors. One of the companies was a biotech concern that benefited from legislation Obama pushed just two weeks after the senator purchased $ 5,000 of the company’s shares. Obama was also nabbed conducting campaign business in his Senate office, a violation of federal law.”

http://judicialwatch.org/judicial-watch-…”

Obamanites, feel fooled yet?

Best answer:

Answer by American BEB
All of the candidates besides Ron Paul are corrupt and are liars as are most politicians, but Ron Paul is going nowhere, unfortunately.

Know better? Leave your own answer in the comments!

LOS ANGELES, CA (PRWEB) August 25, 2004

Joshua Mogin has joined Pircher, Nichols & Meeks, a national real estate law firm, as an associate. He is based in the firmÂ’s Los Angeles Calif. office.

Prior to joining Pircher, Nichols & Meeks, Mogin was an associate of Wolf, Block, Schorr and Solis-Cohen in New York City. There, he represented institutional lenders and investors in all aspects of commercial real estate transactions, including securitized lending transactions, credit tenant financings, equity investments, sale-leasebacks, acquisitions and dispositions. Additional experience includes serving as a real estate finance associate for Cadwalader, Wickersham & Taft and Dechert LLP in New York City.

Mogin received his J.D. from New York University (NYU) School of Law in 1997. In addition, he earned both a masterÂ’s degree in media studies and a bachelorÂ’s degree in history from Stanford University in 1994. Mogin was admitted to the New York Bar Association in 1998.

Founded in 1983, Pircher, Nichols & Meeks is a national real estate law firm with a diversified real estate practice, which also includes litigation, bankruptcy, tax and corporate matters. Headquartered in Los Angeles, the 55+ attorney firm also maintains a full-service office in Chicago. The Los Angeles office is located at 1925 Century Park East, Suite 1700, Los Angeles, CA 90067; Phone: (310) 201-8900, Fax: (310) 201-8922. For additional information please visit www.pircher.com.

Question by Tonr H: I am starting to doubt my stance on religion?
First off, I am an atheist. I have always been an atheist. But something strange happened and it is making me doubt my stance on religion. I used to be a skeptic of all claims of psychic ability. About a year ago while vacationing in Virginia, locals were telling me about this old guy with some kind of “ability”. I was like yea whatever, and as a joke I went to see this guy. So I walk into this room, pictures of jesus all over, and there is this old guy slouched over in a chair. I sit down and he immediately starts. He says “I see law, your studying law but you are not going to go into law” this was true, I was in fact studying law and was getting ready to take my lsat. But eventually, I never went into law which was a big surprise because I was so committed. Then he said ” I see someone in your family signing real estate papers, in Florida” My brother was moving to florida at the time. He then said something that I thought was far fetched. He said “Very shortly, you will end up in florida as well” Turns out months later, My job unexpectedly required me to move to florida. He went on to say “I hear music, you do something with music” I was in fact a DJ on the weekends at the time. “I see someone trying to make peace with you in the future, his name is Fred” well Fred was one of my college buddies and I didn’t understand why he would want to make peace with me, we didn’t have any problems. Months later, he hooked up with my girlfriend and eventually tried to make peace with me. Then he said some things that I found disturbing at the time, because usually they only tell you the “good”. He said that soon, my parents were both going to die unexpectedly and that there deaths will only be months apart. I was insulted. But in all actuality, my mother died of blood poisoning in the hospital and a few months later, my father died of a heart attack. He also told me that my dog would also die unexpectedly and that also happened, during a storm, my mini pin got his neck tangled in the chain. The last thing he told me was to reconsider my beliefs. I did not tell this man anything whatsoever, I never spoke a word to him. All he did was ramble on about my life. He did not charge me a thing. Is there any possibility that this all could have all been coincidence? I don’t think there really is a explanation to this. He claimed that he had a spirit guide. Everything he told me was spot on and precise. It took me so long to ask this question because his prophecies took so long to fulfill themselves. I think this man is since deceased because at the time he was battling lung cancer. I am just confused because I thought all psychics were frauds like sylvia browne and john edward. But I think this man proved to me that there must be more. I have my reasons for doubting god, but this is the only thing making me think that maybe there is a possibility.
Duban, I dont see how this is in anyway considered a hoax. And the reason I think it has to do with God is because he was a very religious man and said he found this information out from his spirit guide.
Hey look, Im just telling you what I encountered.
I dont undersyand what you are saying? how can you reject god and believe in the supernatural? i never said praying for someone makes them live forever, thats just stupid. You are correct by saying these things would have happened regardless of belief or not, but this man predicted them.

Best answer:

Answer by Duban
If your life is predestined, like this post would suggest, what’s the point in believing or not anyways? The outcome will be whatever it is even if you don’t care, and life would be completely pointless.

Anyways, pretty obvious hoax. Even people who believe they are fortune tellers are a lot more cryptic then that.

Know better? Leave your own answer in the comments!

Lawyer at DSK Law talks about the Real Estate Laws applicable when buying a new condominium or town house. The Lawyers at DSK Law firm ensure that the client feels safe and secure when dealing with the Real Estate Law. For more info and help please visit our website: www.dsklaw.com
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TEXAS (PRWEB) September 23, 2006

Thompson & Knight is pleased to congratulate its 71 attorneys who were selected by their peers for inclusion in The Best Lawyers in America® 2007 (Copyright 2006 by Woodward/White, Inc., of Aiken, S.C.).

Published since 1983, The Best Lawyers in America is widely regarded as the preeminent referral guide to the legal profession in the United States. The Best Lawyers lists, representing 80 specialties in all 50 states and Washington, DC, are compiled through an exhaustive peer-review survey in which thousands of the top lawyers in the U.S. confidentially evaluate their professional peers. The current edition is based on more than 1.8 million detailed evaluations of lawyers by other lawyers.

Because lawyers are not required or allowed to pay a fee for a basic listing, Best Lawyers has gained the respect of the legal profession, the media, and clients as the most reliable, unbiased source of legal referrals anywhere. It has received accolades from presidents of the American Bar Association, been frequently featured in the U.S. media, and excerpted in more than 50 major metropolitan newspapers and magazines.

Below is the list, by Firm office, of the 71 Thompson & Knight attorneys included in The Best Lawyers in America® 2007 and the area in which they are honored.

Austin

James C. Morriss III, Environmental Law

Dallas

G. Luke Ashley, Appellate Law, Personal Injury Litigation

William L. Banowsky, Commercial Litigation

David M. Bennett, Bankruptcy and Creditor-Debtor Rights Law

Buford P. Berry, Tax Law

Michael R Berry, Product Liability Litigation

Dorothy H. Bjorck, Banking Law

Sam P. Burford, Jr., Corporate Law

Bennett W. Cervin, Labor and Employment Law

George C. Chapman, Commercial Litigation

Steven K. Cochran, Corporate Governance and Compliance Law, Corporate Law

John R. Cohn, Tax Law

Paul E. Comeaux, Real Estate Law

O. Paul Corley, Jr., Banking Law

Greg W. Curry, Commercial Litigation

Joe Dannenmaier, Corporate Law

Scott D. Deatherage, Environmental Law

Andrew B. Derman, Natural Resources Law

James A. Donohoe, Banking Law, Bankruptcy and Creditor-Debtor Rights Law

Barbara Ferguson, Trusts and Estates

Stephen F. Fink, Labor and Employment Law

Frank Finn, Personal Injury Litigation

Sharon M. Fountain, Employee Benefits Law

Herbert J. Hammond, Intellectual Property Law

Thornton Hardie III, Tax Law

James B. Harris, Environmental Law

Martha Harris, Real Estate Law

Craig A. Haynes, Commercial Litigation

M. Lawrence Hicks, Jr., Banking Law, Real Estate Law

John M. Holt, Employee Benefits Law

Gregory Huffman, Antitrust Law, Commercial Litigation

James L. Irish III, Corporate Law

Robert Jackson, Banking Law

Ray T. Khirallah, Real Estate Law

Jack M. Little, Corporate Law

John Mackintosh, Commercial Litigation

John H. Martin, Bet-the-Company Litigation, Commercial Litigation, Personal Injury Litigation, Transportation Law

Timothy R. McCormick, Antitrust Law, Commercial Litigation, Securities Law

Paul Michael McCullough, Tax Law, Trusts and Estates

James W. McKellar, Banking Law

Mary A. McNulty, Tax Law

William R. Mureiko, Trusts and Estates

David R. Noteware, Commercial Litigation

John Wharton Rain, Banking Law, Energy Law

Rust E. Reid, Trusts and Estates

Peter J. Riley, Bankruptcy and Creditor-Debtor Rights Law

Harry M. Roberts, Jr., Banking Law, Real Estate Law

Clinton B. Shouse, Real Estate Law

Terry L. Simmons, Trusts and Estates

Steven W. Sloan, Labor and Employment Law

Bruce S. Sostek, Intellectual Property Law

Scott P. Stolley, Appellate Law

Kevin Thomason, Tax Law

Ben B. West, Banking Law, Real Estate Law

R. David Wheat, Tax Law

Arthur James Wright, Natural Resources Law

Shelly Youree, Employee Benefits Law

Jeffrey A. Zlotky, Corporate Law

Fort Worth

R Gordon Appleman, Employee Benefits Law, Tax Law, Trusts and Estates

Houston

J. Michael Bell, Personal Injury Litigation

Gus Block, Real Estate Law

Stephen M. Block, Real Estate Law

Timothy R. Brown, Banking Law, Real Estate Law

Rhett G. Campbell, Bankruptcy and Creditor-Debtor Rights Law, Oil and Gas Law

Marc E. Grossberg, Tax Law

David W. Jones, Real Estate Law

Robert S. MacIntyre, Jr., Trusts and Estates

Alfred M. Meyerson, Real Estate Law

Dallas Robert Parker, Corporate Governance and Compliance Law, Corporate Law, Venture Capital Law

Michael Keith Pierce, Corporate Law, Natural Resources Law

New York

Carlos E. Méndez-Peñate, Corporate Law

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Test Your Arizona Real Estate Law IQ

If you have ever wanted to test your knowledge of Arizona and real estate law, here is a chance with the following four (4) questions & answers.

1. During the ten-day inspection period the buyer delivers to the seller a Buyers Inspection Notice and Sellers Response (BINSR) requesting that (1) missing roof shingles be replaced, and that (2) the seller furnish to the buyer a certification of the fitness of the roof and a three-year roof warranty by a licensed roofing contractor. In the sellers response to the BINSR, the seller agrees to replace the missing roof shingles. The seller refuses, however, to furnish a roof certification and/or a three-year roof warranty by a licensed roofing contractor. Can the buyer cancel the contract because the seller only agreed to replace the roof shingles?

Answer – No. The buyers additional request in the BINSR for a roof certification and a roof warranty by a licensed roofing contractor is a request by the buyer to amend the contract. This offer to amend the contract was rejected by the seller. Therefore, the buyer cannot cancel the contract, and is required to close the transaction with the seller only being required to replace the missing roof shingles.

2. During the ten day inspection period the buyer requested in the Buyers Inspection Notice and Sellers Response (“BINSR”) the repair of non warranted items such as the replacement of roof shingles, and also gave notice of warranted items that were not working such as the air conditioning and the swimming pool motor. In the sellers BINSR response, the seller offered a ,000.00 reduction in the purchase price in lieu of all repairs.” The buyer accepted this ,000.00 offer. Is the seller still obligated to repair, by close of escrow, the warranted items such as the air conditioning and the swimming pool motor?

Answer – Probably not. The seller offered to amend the contract by paying ,000.00 in lieu of all repairs. After the buyer accepted the sellers ,000.00 offer, the seller probably had no obligation to make any repairs, including repairs to warranted items.

3. In the residential lease the tenant authorized a lock box on the home after a written request by the landlord or the landlords broker. The residential lease is expiring, and the landlords broker has given written notice to the tenant to place a lock box on the home. The tenant is refusing despite the language in the residential lease authorizing a lock box. Can the tenant refuse this lock box?

Answer – Yes. Under the Arizona Residential Landlord-Tenant Act (the Act) a landlord must generally give a tenant at least two days= notice before entering the home. See A. R. S. ‘33-1343(c). The placing of a lock box on the home is constructively entering the home without two days= notice, as real estate agents will have the ability to enter the home at any time day or night without the tenant=s consent. Inasmuch as the primary purpose of the Act is to protect the rights of tenants, a term in the residential lease contradicting the protection of this Act is not enforceable. See A.R.S. ‘33-1315. Therefore, despite the tenants written authorization in the residential lease to a lock box, a lock box is not allowed.

4. The seller and the buyer agreed that the buyers ,000.00 earnest money would be hard after the ten-day inspection period. Two days after opening escrow the buyer loses his job. The buyer delivers a loan denial letter within the ten-day inspection period, and demands the return of the ,000.00 earnest money. Is the buyer entitled to the return of the ,000.00 earnest money?

Answer – No. The buyer is required to act in good faith to acquire financing until the scheduled closing date, not until the end of the ten-day inspection period. Lines 54-55 of the Contract provide that the buyer is only entitled to the return of the earnest money for unfulfilled loan contingency, if buyer is unable to obtain loan approval without conditions by COE Date. In other words, between the expiration of the ten-day inspection period and the close of escrow date many things could happen, e.g., buyer could be re-hired, that would enable the buyer to obtain a loan.

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RALEIGH, NC (PRWEB) September 8, 2006

Ragsdale Liggett PLLC has been recognized as the top real estate law firm in the Triangle area by Metro Magazine. The Raleigh law firm received the Standing Ovation award, the highest accolade of the 2006 MetroBravo! awards, based upon their superior service to the real estate industry and their expertise of real estate law. Metro Magazine’s revered MetroBravo! awards acknowledge the “Best of the Best” throughout the Triangle. This year marks the magazine’s seventh annual awards.

“We are very excited to receive this award from Metro Magazine,” said Robert Ramseur, partner at Ragsdale Liggett PLLC. “We recognize that our clients have a choice in their legal services and we appreciate that they have chosen Ragsdale Liggett. This award places our firm in a select group of some of the Triangle’s top real estate law firms.”

About Ragsdale Liggett PLLC:

The law firm of Ragsdale Liggett PLLC is comprised of lawyers with extensive legal expertise across a broad range of practice areas. Known for their innovations in the arena of corporate law, Ragsdale Liggett lawyers are equipped to handle all of a business’ legal needs, including formation, day-to-day business counseling, acquisition, disposition, merger and dissolution of companies ranging in size from small local businesses to national financial institutions and large international insurance conglomerates. The diverse real estate practice group at Ragsdale Liggett handles a wide variety of real estate transactions, from residential purchases and sales to all aspects of commercial real estate development, including entity formation, final project completion, complex public and private bond financing transactions, and the privatization of university student housing. Since its formation in 1972, the firm has developed an extraordinary reputation in the area of civil litigation and has enjoyed significant courtroom successes ranging from local state courts to the United States Supreme Court in areas with far-reaching implication, such as insurance/reinsurance coverage disputes, shareholder derivative actions, ERISA disputes, professional negligence defense, catastrophic personal injury defense and complex construction disputes. For more information please call (919) 787-5200 or view the firm’s Web site at http://www.rl-law.com.

Patty Briguglio

MMI Associates, Inc.

919-233-6600

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