Author: LegalEase Solutions Are ATTORNEYS exempt from Section 8 of RESPA and the Affiliated Business Disclosure? Section 8(a) of RESPA prohibits the giving or accepting of any “fee, kickback, or … Continue reading “Are ATTORNEYS exempt from Section 8 of RESPA and the Affiliated Business Disclosure?”
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Is an Affiliated Business Disclosure Statement required to be given to and signed by the homeowner?
Author: LegalEase Solutions Is an Affiliated Business Disclosure Statement required to be given to and signed by the homeowner? Pursuant to 12 U.S.C. Sec. 2602 (3) and § 3500.2 of Code … Continue reading “Is an Affiliated Business Disclosure Statement required to be given to and signed by the homeowner?”
TILA and MA Law
Author: LegalEase Solutions Q1. Would the fact that, 1) mortgage broker did not conduct this transaction through his employer mortgage broker company, and 2) used his own name and license, … Continue reading “TILA and MA Law”
Disclosure Requirements Informal Research
Author: LegalEase Solutions QUESTIONS PRESENTED Is the homeowner required to disclose information about the salt leak if/when he sells the home? Is there any liability on the part of General … Continue reading “Disclosure Requirements Informal Research”
Real Estate Marital Property
Author: LegalEase Solutions QUESTION PRESENTED When a party purchases real estate in New York by having a friend (who is married at the time of purchase) “buy” the property, such … Continue reading “Real Estate Marital Property”
Minnesota Real Estate Research
Author: LegalEase Solutions INTRODUCTION Building A and Building B, both located at Minneapolis, Minnesota, are adjacent. Both have storefronts at street level and residential apartments in the upper stories. For … Continue reading “Minnesota Real Estate Research”
Like-Kind Exchanges in Michigan
Author: LegalEase Solutions Introduction The Client sold real property lying in Michigan. The proceeds of the sale were immediately held by Madison Exchange, LLC, pursuant to a Real Property Exchange … Continue reading “Like-Kind Exchanges in Michigan”
Express Easements of Light and Air under New York Law
Author: LegalEase Solutions Easements by express grant are construed to give effect to the parties’ intent, as manifested by the language of the grant. Dowd v. Ahr, 78 N.Y.2d 469, … Continue reading “Express Easements of Light and Air under New York Law”
Duty of Seller to Disclose Lawsuit to Buyer – Michigan
Author: LegalEase Solutions Introduction Woodlands Condominium Association has a pending lawsuit for defects in the construction and installation of common elements of the condominiumcomplex. The association expects that individual co-owners … Continue reading “Duty of Seller to Disclose Lawsuit to Buyer – Michigan”
Does Easement Render Title Unmerchantible – Illinois
Author: LegalEase Solutions Introduction Seller entered into a contract to sell real property to buyer. The buyer placed $10,000 of earnest money in escrow. The intention of the buyer was … Continue reading “Does Easement Render Title Unmerchantible – Illinois”