| Real Estate Negotiations |
| Parties often use negotiation as a technique by which to come to an understanding. The parties may or may not be represented by real estate agents or attorneys.More... |
| Common Areas |
| With various forms of property ownership, including condominiums and timeshares, property owners become liable for common area maintenance fees. Such fees vary widely from property to property. In fact, common area maintenance fees can be quite expensive. Hence, it is an important area of consideration for all property owners and prospective property owners.More... |
| Negligent Misrepresentation in Real Estate Transactions |
| Real estate transactions present situations in which negligent misrepresentation can occur. Negligent misrepresentation, insofar as the area of tort law is concerned, is usually defined by state law.More... |
| Manufactured Homes |
| In years past, manufactured homes were referred to as "mobile homes," and, in fact, many people continue to refer to manufactured homes as such today. In the year 1980, the United States Congress adopted the phrase "manufactured homes" to describe a type of factory-built home that was required to conform to certain standards developed by the United States Department of Housing and Urban Development (HUD).More... |
| Wrap-Around Mortgages |
| A wrap-around mortgage refers to a type of loan transaction. With a wrap-around mortgage, a lender (often the seller of property) assumes or continues responsibility for an existing mortgage and makes a new mortgage for an additional sum which essentially "wraps" around the old mortgage, because the lender will make the payments on the old mortgage. More... |
Pels Anderson, L.L.C.
