| Tangible and Intangible Property |
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| Property is an external thing that can be owned or possessed. Property can be divided into two categories: tangible and intangible. The word tangible refers to something that has a definable physical form that can be felt or touched. The word intangible refers to something that cannot be perceived by the senses. More... |
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| The Real Estate Settlement Procedures Act |
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| Certainly, the purchase of a home is a very significant event. In 1974, Congress enacted the Real Estate Settlement Procedures Act (RESPA) in order to protect home buyers from paying excessive settlement costs and from certain abusive practices. More... |
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| Land Sale Scams |
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| A land sale scam, sometimes referred to as a dirt pile scam, refers to any transaction in which a seller of property convinces a buyer to buy property with a low value or no value for an excessive price. More... |
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| The Attractive Nuisance Doctrine |
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| Generally speaking, an owner of real property owes no duty to a trespasser, other than to avoid willfully, wantonly, or deliberately harming the trespasser. In some circumstances, however, the owner of real property has an obligation to exercise reasonable care in order to prevent trespassing children from injury. More... |
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| Contingency Clauses in Real Estate Contracts |
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| In the context of real estate transactions, buyers and sellers agree to contingencies. A contingency is a clause in a contract that allows a party to escape his or her obligations under the contract in the event that certain conditions are not met. More... |
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