| Adjustable Rate Mortgages |
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| Delilah was very happy when she received her pre-approval notification for a mortgage loan. In fact, her lender pre-approved her for $25,000 more than she needed to purchase her first home. Delilah is now in the process of finalizing the details with the lender before the settlement on her home. The lender has offered her a fixed rate mortgage as well as an adjustable rate mortgage. More... |
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| The Fair Housing Act |
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| In 1968, Congress enacted the Fair Housing Act (FHA). The law can be found at 42 U.S.C.S. § 3601. More... |
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| Presentation of and Response to Offers to Buy Real Estate |
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| All offers to buy real estate must be presented to the seller or his agent as soon as possible. That means that as soon as the buyer's offer is made available to the listing agent, that offer must be presented to the seller. The listing agent has no discretion in whether to present an offer to the seller. All offers must be presented, even if the listing agent believes that the seller will not accept the offer. More... |
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| Self-Help Remedy for Encroaching Branches or Roots |
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| Generally speaking, a property owner may cut back branches and roots that stray onto the property owner's land. The right of self-help, as it is called, is not found in state law, however; it derives from the common law. More... |
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| Fee Tail Estates |
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| The fact scenario set forth above describes the creation of what is known as a "fee tail" estate. A fee tail estate is one that is restricted by the grantor to lineal descendants, as opposed to collateral heirs. More... |
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