Archived
The owner of the adjoining condo died 9 mos ago. His pipes broke in Dec & flooded the bldg crawlspace. Who is responsible?
Erica's answer
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Answered on February 15, 2010
The general rule is: Anything outside of the walls of your unit is the Association's responsibility; anything inside the walls is yours. That...
Archived
I have been in an LLC. with my brother since 2003. He has stolen money from the HELOC and I'm now equally responsible. Help?
Erica's answer
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Answered on February 15, 2010
You should look at your LLC docs and make sure that he didn't have unrestricted authority to remove funds from the HELOC. If he did not, then you...
Can a seller back out of a contract?
Erica's answer
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Answered on February 15, 2010
Your only recourse would be to sue for "specific performance". That is an action in Chancery which basically says that the home is unique and no...
Archived
Would I be entitled to any sales proceeds if now ex-girlfriend sells home in which I put down entire downpayment for?
Erica's answer
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Answered on February 14, 2010
The only possible claim you might make - if you have any way of documenting it - is that the funds were a loan, not a gift. You might want to...
Can a partiton action be denied?
Erica's answer
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Answered on February 14, 2010
The purpose of a partition suit is to divide property of which that the parties on title cannot agree on the division. The only scenario I can...
Archived
How do I know if I have a lawsuit? We paid for a title search/insurance, but found out after purchase the title was never clear
Erica's answer
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Answered on February 14, 2010
Three suggestions: (1) Check with the agency in your state that governs financial institutions. They may be able to help you locate the company...
Archived
Purchased a home REO, have property insurance but Drywall is rotting from inside out.
Erica's answer
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Answered on February 13, 2010
Most REO homes are purchased "as is". Usually the entity that holds title to an REO cannot give disclosures because they haven't lived in the home,...
Archived
Concerning Real Estate in a divorce, is it normal to force one party to give the other party power of attorney to sell property?
Erica's answer
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Answered on February 13, 2010
Where there is a Court Order allowing a spouse to handle the sale of the property and one party won't cooperate, the best way to resolve it is to...
Can seller refuse to sign docs at the closing?
Erica's answer
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Answered on February 11, 2010
You should look over your contract to see what the contingency regarding approval of the short sale was. Did it say that the contract was...
Archived
How can I legally Pay a Real estate agent on a Mortgage loan?
Erica's answer
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Answered on February 11, 2010
I can't imagine that a transaction like the one you suggest, would not be a patent conflict of interest for the Real Estate Agent. Instead of the...
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