This content has been fact checked by Lisa Rogers, Principal Attorney + Partner at ARK Attorneys. An ATG Title brand. A Durable Power of Attorney (POA) is a legal document that a competent adult can use to appoint an agent on the principal’s (your own) behalf. A Power of Attorney terminates when either party dies …
Durable POA & Real Estate – Everything You Need to Know Read More »
Are you struggling turning website leads into sales, or listing visitors into buyers? We can help. Whether you have a property you’re trying to move, or a client you want to help find a home, below you’ll find a five step process with everything from a marketing tech stack that is easy to set up, …
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Tenancy in common (TIC) is a form of property ownership where two or more parties hold a title to a property and share ownership rights. The difference between tenancy in common and a join tenancy is the way ownership gets passed along when one owner dies. With joint tenancy agreements, property ownership passes to the …
A real estate syndicate is a partnership between investors (professional and individuals looking to move into the space) that pool their funds together and purchase property like apartment or office buildings, hotels, and shopping centers. And the process is easy. An experienced investor (syndicator) finds an investment property and then sets up a syndicate. This …
A cloud on title is any title defect that can prevent the legal transfer of the ownership of a property from a seller to a buyer. Common clouds on title are: Liens Clerical or filing errors Unknown heirs An incorrect official property descriptions Encroachments or easements Ownership disputes Fraud These clouds are usually discovered during …
This post was fact checked by Lisa Rogers, Principal Attorney and Partner at ARK Attorneys. While most real estate transactions go well, sometimes clients may not be happy no matter what you do. Your clients may blame you even if you did nothing wrong, because that is just how some people are. And good news, …
Real Estate Agents – What To Do If You Are Sued For Negligence Read More »
There are 12 types of deeds in real estate transactions, but seven that are more common and will likely be used when you buy or sell a home. Knowing the ins and outs of each type of deed will let you know how well your ownership of the property is protected, not to mention avoid …
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Adverse possession is when somebody from a neighbor to a trespasser occupies and uses your land without permission, and then gains legal ownership by meeting certain requirements. This can occur on just a few feet of the land, or even acres of property. The most common causes of someone taking your land through adverse possession …
FFO is a formula created by NAREIT as a way to measure the cash generated by a Real Estate Investment Trust (REIT). The formula was created because traditional cost accounting methods cannot accurately show the value of an account because they fluctuate on a regular basis. FFO is different from EBITDA, because FFO measures cash …
A life estate is a legal arrangement where the owner of a property (the grantor) gives the house, structures and/or land to another person while retaining the right to live and use it while they remain alive. Life estates are a great way for people who are aging, or that have terminal illnesses to gift …
