| Bailments |
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| A bailment is created when, coupled with the intent to possess certain property, the bailee accepts the actual physical possession and control of the property. In the example, the bailment is created when the dry cleaner accepts the man's suit with the intent to possess the suit.More... |
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| Radon In The Home -- The Dangers |
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| For years, there was been widespread news coverage regarding the dangers of radon gas in the home. Radon gas is the second leading cause of lung cancer in the United States. It is invisible and has no taste. Accordingly, a specific type of testing must be performed in order to determine the presence of radon gas in the home.
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| Considerations for Sellers of Real Estate |
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| There are probably as many reasons for putting a house up for sale as there are sellers. Regardless of the reasons, once the decision is made to sell, sellers have many things to consider that will make the process run smoothly. Among them are the physical condition of the property, the selling price, the remaining balance on any other mortgages or liens that are recorded against the property, and the use of a broker.More... |
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| The Foreign Investment in Real Property Tax Act |
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| Congress enacted the Foreign Investment in Real Property Tax Act (FIRPTA). The law can be found at 26 U.S.C.S. §1445.More... |
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| The Statute of Frauds |
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| A "statute of frauds" refers to a statute that requires certain types of contracts to be in writing and signed by all parties in order to be enforceable. The matter is largely one of state law and state law varies from state to state.More... |
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