Title curative issues can disrupt real estate transactions if not addressed promptly. Identifying and resolving these problems is essential to ensuring a smooth transfer of property ownership. Liens and encumbrances Liens, such as unpaid taxes, contractor fees, or...
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Year: 2024
How does Ohio’s fast-track foreclosure law benefit mortgage lenders?
Ohio's foreclosure fast-track law, effective since April 2023, changed how mortgage lenders, municipal corporations and county land banks act on foreclosures in Cincinnati and across the state. This law speeds up foreclosures on abandoned residential properties,...
How does the FCRA help protect creditor’s rights?
The Fair Credit Reporting Act (FCRA) is a federal law designed to protect the privacy of credit information. While the FCRA often focuses on consumer rights, it also provides protections for creditors. By establishing clear rules for credit reporting, the FCRA helps...
What are the legal remedies for wrongful foreclosure claims?
Wrongful foreclosure occurs when a lender improperly forces a property into foreclosure. Homeowners in Ohio facing wrongful foreclosure have several legal remedies to protect their rights and potentially regain their property. Understanding these options can help...
How can Ohio property owners stop adverse possession claims?
Adverse possession is a legal doctrine that allows someone to claim ownership of property after using it openly and continuously for a specific period of time. In Ohio, property owners must be proactive to prevent losing their property rights. Here's how they can...
How does AI influence corporate contract disputes today?
Corporate contract disputes are increasingly influenced by artificial intelligence (AI) and machine learning (ML). As businesses rely more on AI for contract management and dispute resolution, understanding its impact is essential. AI’s role in contract creation and...
What happens to creditors when a company is sold?
When someone sells a company, the status of its creditors becomes an issue. Creditors hold an interest in the outcome of the sale, as it impacts their ability to collect debts. Understanding how the court handles these debts depends on the structure of the sale and...
Handling the impact of a commercial foreclosure in Ohio
Commercial foreclosure can disrupt business. It can lead to job losses, economic instability, and decreased property values in the affected areas. Dealing with the fallout requires quick action and a clear plan to ensure your business survives the transition. Assess...
What is the most reported mortgage lending complaint in Ohio?
Navigating the world of mortgage lending can be complicated and stressful for many Ohio residents. Whether buying a new home or refinancing an existing mortgage, the process can often lead to confusion and frustration. Numerous complaints arise from various aspects...
How the RESPA safeguards homebuyers
The Real Estate Settlement Procedures Act (RESPA) is an important federal law. It works to safeguard homebuyers. RESPA promotes transparency and protects consumers from unethical practices. It can save you from fraud by mortgage lenders, real estate agents, and...