| The Fair Housing Act |
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| In 1968, Congress enacted the Fair Housing Act (FHA). The law can be found at 42 U.S.C.S. § 3601. More... |
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| The Rule against Perpetuities |
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| The Rule against Perpetuities: No future interest is valid unless it can be shown that it will necessarily vest, if at all, no later than 21 years after some life in being at the creation of the interest.
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| Home Inspection |
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| Often when a home buyer enters into an agreement of sale for the purchase of a home, the agreement contains a provision which entitles to home buyer to a home inspection. The home buyer's right to a home inspection is determined by the terms of the parties' agreement of sale. More... |
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| Transfers or Assigments of Mortgages |
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| In the real estate finance industry, it is not uncommon for a mortgage loan to be sold one or more times during the life of the loan. When a mortgage lender transfers or assigns its interest in a mortgage loan to another party, some type of written document must be filed to put others on notice of the transfer. More... |
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| The Doctrine of Waste |
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| The rationale behind the doctrine of waste is that one who is entitled to receive a future interest in real property is entitled to receive the property in the same condition it was in at the time the future interest was created by the original grantor. Although the doctrine of waste may prevent changes that increase the value of the property, more often it refers to action or inaction that damages the property in some respect. More... |
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