Is it unwise to purchase an undeveloped, residential piece of property and only receive a quitclaim deed?

It is unwise to do so without title insurance. You may be buying nothing. Do not be cheap about it.

REAL ESTATE Non-Circumvent, Confidentiality & Commission Agreement: Legal wording in regard to Commission

I am not aware of any broker that would agree to such a deal. They do all the work and then have to monitor you to get paid. However, a...

I'm unable to locate business agreement between my business and other business party. Is that consider a legal risk?

If you have a written agreement but have lost it, and you are relying on the other party for a copy, it is a risk. If you need to sue for breach...

Selected as the best answer

Time to execute a FINAL Foreclosure Judgment - Order to Auction

There is no time limit. Although you could make a motion to dismiss for lack of prosecution of the case, you risk waking up the bank. The...

Remove myself off a 2 member LLc

This is not a big deal. The answer depends on how you have filed the LLC. The LLC is more complicated that a simple corporation. You may need a...

I am unclear. Are you a shareholder, or renter in a co-op building? Are you current in maintenance? A co-op can declare you in default of your...

Help with constant noisy neighbors

Your remedy is with the management. You may be able to break your lease if you want, but there is nothing that is going to control the neighbors...

Is the interest on past due common charges in a condominium be calculated as simple?

Yes, unless stated otherwise, that is how a court would calculate the amount. If the Board is using a different metric, pay the amount, but...

My question is can my father sell the house and payback the loan and keep the rest

The short answer to your question is yes. The hard part is determining the amount due. Friedman is right. Reverse mortgages can have onerous...

You have to pay for the key. Pay the $175 and get back your car before you lose the whole thing over this charge.