Deeds often contain directional descriptions. The deed might say that one boundary line of the property runs “north 57 degrees 5 minutes west 100 feet”. That means that the particular boundary line of the property is 100 feet long and it goes in a north-westerly direction by the degrees so described. If you check the...Read more
When a co-owner of real estate decides they want to segregate their interest in the property, to the objection of the other owner(s), practical and legal issues quickly arise. So what remedy does one have to withdraw from co-ownership of real estate? The law provides a person may withdraw from marriage by divorce, or from business...Read more
Falling behind on mortgage payments can happen to anyone. How one handles what happens after that can be vitally important to the resolution of the problem. What follows are five things that one should do, or should not do when facing foreclosure:Read more
- DO review all correspondence from the mortgage lender/servicer. Burying your head in the...
The National Society of Surveyors (NSPS) and the American Land Title Association (ALTA) have substantially revised the Minimum Standard Detail Requirement for ALTA/NSPS Land Title Surveys, which are effective February 23, 2016 (revising the 2011 existing version). The existing Standard and its revision are designed to fulfill the unique needs of the title insurance industry...Read more
If you record a mortgage affecting land with the local county land recording office, that gives you priority over someone filing another mortgage after yours, correct? Well, not necessarily. I’m not saying don’t record. Always record. But that doesn’t necessarily mean that you’ve been protected. A recent example of how this can happen arises in the...Read more