LEGAL VS. EQUITABLE INTEREST IN REAL ESTATE
The way you purchase a property can have long-lasting impacts on your ownership of said property. It is important to completely understand the titles involved in the purchase or insurance …
PARTITION OF REAL ESTATE
A partition is a term used in the law of real property to describe an act, by a court order or otherwise, to divide up a concurrent estate into separate …
MISSOURI TAX SALES
How Property Tax Sales Work in Missouri Under Missouri law, when you don’t pay your property taxes, the county collector is permitted to sell your home at a tax sale …
ACCESSORY DWELLING UNITS
ACCESSORY DWELLING UNITS An accessory dwelling unit (ADU) is a smaller, independent residential dwelling unit located on the same lot as a stand-alone (i.e., detached) single-family home. ADUs go by …
ALIENATION
In property law, alienation is the voluntary act of an owner of some property disposing of the property, while alienable is the capacity for a piece of property or a …
8 SIGNS IT IS TIME TO WALK AWAY FROM A REAL ESTATE PURCHASE
Sign No. 1: The inspection turns up something majorly wrong Sure, you might cringe at some of the current owner’s wallpaper choices. But cosmetic issues are relatively easy to fix …
REALTOR FIDUCIARY DUTIES
Fiduciary Duties A real estate broker who becomes an agent of a seller or buyer, either intentionally through the execution of a written agreement, or unintentionally by a course of …
TRANSFER ON DEATH DEED
TRANSFER ON DEATH DEED (TODD) Planning for what happens to your home after your death can be difficult. Transfer on death deeds provide a simple, cheap way to make sure …
‘DEPRECIATION RECAPTURE’ AND SELLING REAL ESTATE
While the tax consequences of the sale of real estate should not drive the decision to sell or hold a property, there are important issues to consider in order to …
23 REASONS WHY IT IS BETTER TO RENT THAN TO BUY
Homeownership has long been considered the culmination of a person’s adult life, a moment when they’ve finally achieved the American Dream. However, more and more Americans are foregoing the 30-year …