| Future Interests |
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| Generally, when real estate is bought, sold, or transferred, the grantor conveys to the grantee an immediate right to use and enjoy the land. When the grantor only conveys a present interest in the land that provides for possession at a future date, the grantor has created a future interest. A future interest is defined as a nonpossessory interest in land that can develop into a possessory interest in the future.More... |
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| Whether to Rent or Buy a Home |
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| At some point, most individuals consider the issue of renting a home versus buying a home. It is a big decision with far-reaching financial implications. As part of the decision-making process, it may be helpful to use a rent/buy calculator (easily found on the Internet). Such a calculator will not, however, provide a clear answer. A consideration of other issues is necessary.More... |
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| Land Sale Scams |
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| A land sale scam, sometimes referred to as a dirt pile scam, refers to any transaction in which a seller of property convinces a buyer to buy property with a low value or no value for an excessive price.More... |
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| Breach of Contract |
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| A breach of contract occurs in the event one of the parties to a contract fails to fulfill his or her part of the deal.More... |
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| Credit Insurance and Your Financial Transaction |
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| Quite often, when you apply for any type of loan, you will be asked if you would like to purchase some form of credit insurance. As many of us make purchases on credit with some frequency, it is important to understand the nature of credit insurance, as well as its advantages and disadvantages.More... |
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