Category: Real Estate Terms
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Guide To Community Property In Real Estate
Community property is a legal real estate concept that deals with who rightfully owns a property when a couple is married. Not every state has community property laws. Community property is when spouses share equality in the ownership of any property they acquire during their marriage, even if only one spouse has their name down…
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How To Tell If A Deed Is Joint Tenancy?
If you are buying a piece of property or real estate, it is good to understand whether the property is a joint tenancy. You must look at the deed to tell if a property is a joint tenancy. If there are two or more names on the deed, then the property and deed are a…
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How Do You Remove Someone From A Tenancy Agreement?
If you are a tenant or landlord, you may want to know how to remove someone from a tenancy agreement. Only a landlord can remove someone from a tenancy agreement. But as long as someone has signed a legal tenancy agreement, removing them without any cause or reason can be challenging. Landlords and tenants have…
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Tenant Renting Without Agreement? Is It Legal?
Understanding if you can legally rent a place without a signed rental agreement is good. Knowing and understanding your legal rights is essential when renting a building or property. A tenant can rent a property without a rental agreement; there is nothing illegal about renting a property without a contract or agreement. Legally is not…
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Guide To Tenants By Entirety In Real Estate
Tenant By Entirety. are a legal term that states will use for married couples. Even though they have some similarities, there are some differences between the two terms. The Tenant By Entirety. is a way that legally married spouses can jointly own a property. Not all states allow Tenant By Entirety for real estate. Under…
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Stuck In A New Build Contract, Can I Get Out?
When buying a new house or building, some may feel buyer’s remorse or feel that the deal they signed is not really what they want. So, what do you do to get out of a new-build contract? By signing a contract for a new build, you have signed a legally binding contract. As the contract…