| 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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| Fraud in Real Estate Transactions |
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| Real estate transactions are fraught with opportunities for fraud. In fact, it seems to happen all the time. More... |
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| Gifts |
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| A gift is a transfer of property without any money changing hands. The person who makes the gift is called the donor. The recipient is called the donee. The requirements of a valid gift are that the donor voluntarily intends to give property, which is delivered to and accepted by the donee.
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| The Doctrine of Waste |
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| The rationale behind the doctrine of waste is that one who is entitled to receive a future interest in real property is entitled to receive the property in the same condition it was in at the time the future interest was created by the original grantor. Although the doctrine of waste may prevent changes that increase the value of the property, more often it refers to action or inaction that damages the property in some respect. More... |
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| Options to Purchase Real Estate |
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| Briefly stated, an option refers to a party's right to purchase real estate within a specified period of time.
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