Mortgage vs. Deed of Trust
February 10, 2009 by admin
I am sure that the majority of readers already know what a mortgage is - a document giving a bank collateral for a loan use to buy a home and allowing foreclosure if the payments are not met. But in some states, the document is not called a mortgage, but a deed of trust (DOT). What’s the difference? [Read more]
Pointers on Subleasing
January 18, 2009 by admin
Subleasing your apartment may be a good way to alleviate the expense of paying rent if you must move out of state or travel for an extended period of time. However, before you sublet your apartment, keep a few things in mind: [Read more]
Constructive Eviction
January 12, 2009 by admin
A constructive eviction occurs when the property you are renting is uninhabitable. This means that the property is not suitable to live in. This creates a situation of constructive eviction. In order to claim a constructive eviction, as a tenant, you are required to serve the landlord with written notice of the constructive eviction and give the landlord a reasonable amount of time to correct the problem(s). [Read more]
Landlords Beware of the Illegal Lockout
January 8, 2009 by admin
If you are a landlord, be careful when terminating a tenant’s lease or proceeding with an eviction. As a landlord, you can be penalized for changing the locks or shutting off the utilities to remove a tenant from your rental property. [Read more]
Your Rights as a Tenant
October 26, 2008 by admin
When you rent real estate, such as an apartment, condo, or house, there are certain rights you have in the process. If you are in need of forms to assist you in your rental quest, check out MyLegalEdge.com. You may contact our staff at staff@mylegaledge.com or leave your comment here at MyLegalReview.com.
Things You Should Know
Federal Law Prohibits Discrimination for the Following Reasons:
- Race
- Color
- National Origin
- Sex
- Age
- Family Status
- Physical Disability
- Mental Disability
Things You Should Do
When renting, there are several things that you should remember to do:
Comparison Between Quitclaim Deeds and Warranty Deeds
October 18, 2008 by admin
Whether you are buying or selling property, one aspect of the sale will involve the conveyance through a deed. If you are in need of deed forms specific to your state, mylegaledge.com can help. You will find hundreds of deeds to fit your specific situation. You can also order specialty deeds as well. To inquire about our deed selections, e-mail us at staff@mylegaledge.com. You can also post your comments here at MyLegalReview.com.
What is a Quitclaim Deed?
A quitclaim deed is defined as a document by which the grantor disclaims any interest the grantor may have in real property and the interest passes to the grantee. With a quitclaim deed, there are no warranties on title or guarantees that the grantor’s claim is valid. Quitclaim deeds are used to transfer real property titles between family members or to eliminate clouds on titles.
