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Recent real estate law questions
I am in a real estate contract (entered into 90 days ago on
I am in a real estate contract (entered into 90 days ago on March 30, 2016) as Seller that says, "This transaction shall be Closed (evidenced by delivery of warranty deed and payment of purchase price) and this Agreement shall expire at 11:59 p.m. local time, on the 30th of June, 2016. Such expiration does not extinguish a party's right to pursue remedies in the event of default. Any extension of this date must be agreed to by the parties in writing."This property is located in Gatlinburg, TN. Buyer's bank cannot close and pay me my proceeds by 30 June; however, they are now trying to get my permission to wire transfer the proceeds to my account the next business day on July 1st. In my opinion, Buyer is not meeting the June 30 closing deadline, and I am not agreeable to signing any additional addendums to out closing date. I am perfectly fine with letting this sale expire.My question is: Will I have any legal repercussions from this Buyer if I do not accept the title company's request this afternoon (at the Buyer's pushing) to go ahead and sign the closing documents dating them on June 30, even though they cannot pay me the proceeds on that date? My feeling is that if they cannot hand me the check for proceeds of my sale on by June 30, it is actually the Buyer who has defaulted, not me.I just want to ensure Buyer cannot come back to me afterwards for fees he expended in trying to get two different loans for my property over the past 90 days since our Sales Contract was executed.If anything, I feel I have been the injured party in this fiasco but having my property basically off the market with the "Sale Pending" banner on the MLS listing for 90 days during peak buyer interest in the Smoky Mountain area, plus I have kept up all the utilities, HOA & maintenance fees for past 90 days for his benefit so he did not have to incur "hookup" fees when the property conveyed.Your legal opinion would be greatly appreciated, since time is of the essence! Thank you.
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A question regarding our house sale in Minnesota. We are
A question regarding our house sale in Minnesota. We are trying to sell a property using my power of attorney as I am out of the country (US) for a while due to visa reasons. My wife's name is ***** ***** mentioned on the title, but we purchased the home after our marriage. She hasn't given her power of attorney to anyone yet. Do we need her sign anywhere on the sale documents in Minnesota (Agreements or Deeds)? Thanks for your help.
I just bought a new townhouse. I received my keys on
I just bought a new townhouse. I received my keys on Saturday and two days later I saw hundreds of aunts in my kitchen. I notified the builder. They will not pay for a terminator. The aunts were obviously here before I moved in.Do I have any rights to file a claim against to builder? Can I report this to the better business bureau
Counselor at Law
I live in a condo building in Florida, have a 1 year lease
I live in a condo building in Florida, have a 1 year lease from 11/22/15 to 11/22/16. There has been major structural work going on since January. The pool and entire deck (on the roof) has been closed and today they put plastic over my windows and sliders. We were asked to remove our patio furniture last week to accommodate this. We live on the intracoastal waterway, so the view and use of our balcony are the primary reasons for renting here. they have been jackhammering 4 days a week for 10 hours daily. Is there any way we can break our lease without penalty? We were not notified until after the work began.JA: Because employment law varies from place to place, can you tell me what state this is in?Customer: FloridaJA: Have you talked to a lawyer yet?Customer: NoJA: Anything else you think the lawyer should know?Customer: Just that it so noisy that we cannot rest or relax and the dust created by the jackhammering is having a terrible effect on our contact lense wear and sinus reaction.JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Lawyer about your situation and then connect you two.
Owner 1. sold property to person A.1983. person A sold
Owner 1. sold property to person A.1983. person A sold interest to personB 1989. Owner 1 assigned interest to daughter 1994. Daughter same day filed a Bargain and sale deed to person B.2003 Owner 1 gave person B warranty Deed. Person B spouse died 2015 wife thought she owned property and gave grand daughter quit claim deed before death. Now title company says Daughter is vested and when she signs correct deed grand daughter will get nothing and it goes into probate for person B new husband. QUESTION can grand daughter get a WARRANTY DEED from daughter (the one who they say is vested) and then her own property?
I have a real estate question about joint tenancy, Do I wait
I have a real estate question about joint tenancyJA: OK. The Real Estate Lawyer will need to help you with this.Customer: Do I wait in this chat box?JA: Have you talked to a lawyer yet?Customer: noJA: Anything else you think the lawyer should know?Customer: My life partner & I recently relocated to Texas and are purchasing a house. The title company automatically wanted to title it as Community Property. This does not mesh with our estate planning. We want it to be titled as joint tenancy with right of survivorship. The title company says it will do so but their attorney will charge $125 to write it up. We have bought homes in other states with no issues. Is joint tenancy with right of survivorship so unusual in Texas? Do we need to specify that the warranty deed have this verbiage? Does the title need to be specific as well?JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Real Estate Lawyer about your situation and then connect you two.
I have an old friend I have known + years. We have been
I have an old friend I have known for 30+ years. We have been partners in various businesses over the years.My friend would like to buy one of my residential lots I own free and clear, in a cash transaction. How much legal expense would be involved in a simple property transfer? We really don't want to pay a commission to an agent when I imagine there is paperwork we can fill out and file for ourselves.What are the minimum legal requirements for property title transfer?
Counselor at Law
I recently closed on a house (got the key and everything),View more real estate law questions
I recently closed on a house (got the key and everything), started to move into the house and then found out that there was a substantial lien against the house submitted before the title company could get to the court house. What protections do I have in case the Sellers can't settle the lien?