Real estate transactions can be complicated, and financing issues are a common reason deals fall apart. Buyers and sellers should know what to do when a sale cannot proceed due to financial challenges. Acting quickly and understanding your legal options can help...
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Real Estate Law
What are common title issues that delay real estate transactions?
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...
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,...
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 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...
Legal challenges in foreclosing on mixed-use properties
Foreclosing on mixed-use properties can be tricky. These properties combine homes and businesses, which creates unique legal issues. Knowing these challenges can help people handle the foreclosure process better. Complexity of mixed-use properties Mixed-use properties...
Common commercial lease agreement disputes
Commercial lease agreements are important for businesses, providing the space they need to operate. But sometimes, disputes can arise between landlords and tenants. Common issues in commercial lease disputes One common issue in commercial lease disputes is...
How to protect yourself from predatory lending charges
Predatory lending practices can wreak havoc on your company’s financial stability. To safeguard your firm from these harmful charges, you need to become vigilant and proactive. Understanding predatory loan charges Predatory lending includes unfair or deceptive terms...
What are ways to determine property boundaries?
Trying to manage your property can become a problem if a nearby property owner asserts that some of your land is actually theirs, or if another party claims some right to your land. Without clearly defined property lines, you will have a harder time securing your...
Buying vs leasing commercial property
When it comes to securing a commercial space in Ohio, the decision between buying and leasing can significantly impact your business's financial landscape. Each option carries its own set of advantages and considerations. The perks of buying Purchasing a commercial...