By Stephen D. Richman This… is …. Jeopardy. Our single category today is Obsolete Ways of Doing Business. Here is the clue: On and after April 6, 2017, this form of doing business (in residential real estate transactions in Ohio) will join the Dictaphone, pay phone,...
Content By Stephen D. Richman
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Dower Rights Effect on the Transfer of Real Property
If you are married and go to transfer real property or mortgage real property, your spouse will be asked to sign a release of his or her ‘dower rights.’ Dower rights are the interest that a person has in real property owned by his or her spouse. If one person owns...
Real Estate 101-Purchase and Sale Agreements
The purchase/sale agreement is probably the most misunderstood, but most important document utilized in a real estate transaction. Some of the unwary mistakenly refer to the agreement as merely an “offer”, not understanding that if signed by (accepted by) the...