Imagine buying your dream New Jersey home, only to find defects that are not in the seller’s disclosure statement. Should you pay for the repairs yourself or can you recover compensation from the seller? Here is some important information that can help you proceed. ...
For most people, their family home is one of their most valuable assets. It is not just a financial investment; it is a treasure trove of memories and a legacy for future generations. Without proper planning, this cherished asset faces significant risks. In New...
Owning and renting properties can be a lucrative primary or side business, but being a landlord comes with its challenges, particularly troublesome tenants. Perhaps you purchased a piece of real estate with the intention of renting it out to make some extra income but...
When New Jersey residents think of real estate sales, they might think of a person buying a home through an agent. Once they pick out their home with the agent’s help, they finance their purchase through a bank or other lending business. However, this is not always...
When buyers draft initial offers for pieces of property, they will often use contingency clauses. These are essentially just clauses that say that if a specific contingency isn’t met, then the offer doesn’t stand. For example, a buyer may use a home inspection...
When there is an easement on a property, it means that the property owner has to allow a third party to use that land. Typically, the easement will list a very specific type of use that is permitted. The other party cannot build on the land, they have no ownership...
Real estate transactions in New Jersey involve more than just a handshake and verbal agreements. The "Statute of Frauds" rule applies here in real estate dealings. What does "Statute of frauds” mean? The "Statute of frauds" is a legal rule that demands specific...
Buyers and sellers of real estate in New Jersey have plenty of concerns. So do renters. When it comes to real estate issues, challenges can come from every angle. Zoning issues can be of particular concern if you have a certain use in mind for your real estate, or for...
There are many people in southern New Jersey who make their living as real estate brokers. Being a broker can be rewarding, both financially and personally, especially if a person has an interest in homes or commercial buildings. However, brokers also have to navigate...
Depending on the type of property that you own, property taxes can be quite burdensome. In fact, some people, especially those who own commercial property, can see tens of thousands of dollars in taxes being levied against them on an annual basis. This can threaten...
