Archived
I have a fenced yard. The town where l live is now saying that I have to take care of the land on the other side of fence.
Michael's answer
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Answered on July 01, 2015
The question is: who owns the land in question? The location of the fence is unimportant. It is your property lines that are important. You should...
Archived
Remove name from property title
Michael's answer
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Answered on July 01, 2015
Your question is actually more complex than it sounds. You can, of course, quit claim your interest to your husband. However, because you are still...
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Archived
If I am not on the loan but I am on the deed am I equal owner of our home that we are about to purchase?
Michael's answer
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Answered on July 01, 2015
In NJ, as a married couple, your names must be both on the deed and the mortgage - but both names are not required on the note. As a married...
Archived
Deed in lieu or foreclosure in NJ?
Michael's answer
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Answered on June 24, 2015
You can call the lender and tell them you wish to do a deed in lieu of. Often, they will provide you with the paperwork. Note that although they...
Archived
I am recorded as SELLER on a document "Seller's residency certification/exemption" what does that mean?
Michael's answer
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Answered on June 24, 2015
Did you receive ⅓ of the net proceeds from the sale of the property? If so, you may not have any damages. Monmouth County land records are online....
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Archived
How to compel party to attend depositions?
Michael's answer
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Answered on June 22, 2015
If you have properly noticed the deposition and it is within the geographic region permitted by the rules of court, then you can make a motion to...
Archived
I have contracted a real estate agent for 6 months. I have found someone to buy my property myself will I still have to pay him?
Michael's answer
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Answered on June 22, 2015
Your rights will be governed by the terms of your contract - the listing agreement - with the broker. Typically, the broker is entitled to a...
Archived
Borrowing money from business partner in Europe for a real estate deal in the U.S.A.
Michael's answer
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Answered on June 22, 2015
If the capital partner is a US citizen, then the present location of the partner is likely immaterial. I would specify both choice of law and venue...
Archived
Neighbors doing renovations on their house. If we allow their workers on our property are we liable for injuries or damages?
Michael's answer
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Answered on June 22, 2015
As the owner of the property, you are liable for an condition on the property that causes injury to another. Your homeowner's insurance should...
Archived
What are the next steps when a purchaser fails to close?
Michael's answer
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Answered on June 22, 2015
Your rights will be governed by your contract with the buyer.
The contract typically contains language setting an "estimated" closing date. After...
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