When a person dies, someone has to deal with his or her estate, which includes any money, property and possessions left behind. Probate is the authority given by the court to the people that will deal with the deceased’s affairs, also known as administering the estate. This is one of the main reasons why having […]
At first, inheriting property sounds like winning a prize. It’s hard to imagine it could become a major hardship. Yet, there’s real potential for an inherited home to become a financial burden. Transfer of property for beneficiaries who aren’t the surviving spouse can be a long process. It’s especially tough when you’re already facing the […]
When it comes to renting property, there are different leases available for both residential and commercial properties. Making sure that the lease is understood in full is important and any potential renter should be fully acquainted with the terms of the lease before signing any agreement. Commercial leases are typically quite different to residential and […]
If you’re behind on payments for your property and are worried about it getting foreclosed, you’re in the right place. While foreclosures are on the rise, there are still a number of options you can consider when trying to save your home. In this article, we’re going to look at them. While foreclosure is a […]
They say that good fences make for good neighbours, but sometimes your greenery may get in the way, regardless of the fence’s location. For example, trees may encroach on someone’s property. But, there are limits regarding what you can do, and you could create new problems trying to take matters into your own hands. Here […]
Did you know that when you sit down to sign your rental lease, you’re actually signing a legally binding contract? Like any other binding contract, not only you should read it very carefully before you sign; take it to a specialist real state lawyer like Adam Leitman Bailey, P.C. who is also a no. 1 […]
By now, many people have heard of the new General Data Protection Regulation (GDPR) from the EU. Some are probably sick of hearing about it. However, although the date when it will come into effect, 25 May 2018, is rapidly approaching, whether people have done anything about it is another question. It’s vital for those […]
Owning a house, whether for business or pleasure, can be a significant milestone in your life. There may, however, come a time when you need to sell your property. This could be for a number of reasons such as downsizing, remortgaging, moving countries, or just needing a dramatic change. If it’s your first time selling […]
Companies don’t buy office space, so a lease is a perfect compromise. It allows the firm to grow and expand while looking professional. That’s great, but not everything goes to plan. As a rookie, you may realise that the terms (cost) of the agreement aren’t beneficial. Or, it may just be that new property in […]
Are you keen to know how your property is valued? Most homeowners don’t take much notice until they’re concerned about their home’s property tax bill, a recent appraisal for finance or a sale. Whatever grabs your interest, understanding more about how residential real estate is valued is beneficial. There is no ‘one size fits all’ […]
It is not something many landlords anticipate with much satisfaction but the need to evict a commercial tenant is almost an inevitability at some point or another. The reasons may vary but there are only two main ways of exercising the right to take back possession of a property currently occupied by a tenant. Neither […]
Negotiating a commercial property lease is a process you should be careful about as each party in the deal will try to get the best deal. The landlord or property owner is usually the first to offer their specific terms, but the terms are always open to change. As a tenant, you should always be […]
Researching the history of your home can be a lot of fun. Who has lived there? Were they were famous or infamous? Finding out who has lived there is one of two types of searches. The other type of search is on the building itself. When was it built, who was the Architect, builder and […]
You have the money, and you have found a perfect property to add to your portfolio. What could go wrong? Apart from the obvious, the foremost thing real estate investors have to consider is the issue of public liability. The general public may gain access or may live in the building, which means you have […]
Whether you are buying it as a home or as an investment, property is an asset. If you ever want to or have to sell it, you’d likely be looking forward to making a nice profit. Yet, the joy of selling the property can be quickly dampened when the capital gains tax (CGT) rears its […]
The property market is booming, so if you are looking to invest money into a project that will reap the rewards and profit over time, becoming a landlord may well be a brilliant option for you. Millennials are notoriously strapped for cash, so increasing numbers of young adults are opting to rent a property rather […]
