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Buying a new home in Maryland is an exciting but complex process. It involves many decisions and considerations, not the least of which is understanding what title insurance is and deciding if you need it. The title of a property refers to the legal ownership and the...
The process of buying a new home is an exciting journey filled with anticipation and dreams of a fresh start. However, it is also a process that requires careful scrutiny and due diligence to ensure that the dream home does not turn into a nightmare. One of the...
Rundown areas across the United States are eyesores. They are grounds for criminal activity and add very little to the economy or society. As an incentive to help revive these areas, the Tax Cuts and Jobs Act, which became law on December 22, 2017, created the...
Owning a property gives you certain rights, including the right to decide who gets to use your land and for what. Before you purchase real estate, you should understand the difference between an easement and an encroachment. The latter is a violation of your rights,...
When purchasing a plot of land for residential or commercial purposes, the deed is among the most important documents to verify during the transaction. Every deed should contain a legal description that defines the location, size and shape of the property. Seemingly...
A new business could require some time to establish a strong track record. Startups may risk not generating enough revenue to comfortably meet monthly expenses at first. As a new business owner, however, you may search for properties owned by landlords willing to...
While searching for potential properties, you may review the boundary lines found by previously conducted surveys. As noted by U.S. News, lenders may ask for a recent land survey before closing the deal. A title insurance company may, however, also want a new survey...
In many forms of housing, a "shared wall" will exist between two separate properties. Examples can include a wall that both you and a neighbor share in an apartment or a duplex. This wall essentially divides both properties, and the colloquial term is a "party wall"....