| Eminent Domain and the Public Use Doctrine |
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| Eminent domain refers to the power of a government entity to take private property. The power can be used by the federal government in the name of a federal agency or a branch of the military services. A state, county, city, village, or town can also use the power of eminent domain to take private property on its own behalf or on behalf of an agency of a governmental entity. In all cases, the governmental entity may only exercise the power of eminent domain, also called condemnation, if it needs the private property for a public use. More... |
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| The Real Estate Settlement Procedures Act |
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| The Real Estate Settlement Procedures Act (RESPA) More... |
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| Title Insurance |
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| By the terms of a real estate contract, a seller agrees to convey clear title to a buyer. As a condition of being approved for a mortgage to buy the property, the buyer's lender usually requires the buyer to purchase a lender's insurance policy, which is paid for when the real estate transaction closes. Every closing is conditioned on proof of the seller's ability to convey clear title, the release of prior encumbrances, and the ability of the buyer's lender to have a superior interest in the property to be conveyed. More... |
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| Real Estate Investment Trusts |
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| A real estate investment trust, also known as an REIT, is a type of investment opportunity. More specifically, shares in REITs are considered a type of real estate security. More... |
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| A Landlord's Liability for an Injury Inflicted by a Tenant's Dog |
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| Typically, a landlord cannot be held liable for an injury inflicted by a tenant's dog. In the fact scenario described above, John had no reason to know that Jake's dog would inflict an injury on the construction contractor. Jake may be liable for his dog's actions, but it is unlikely that John would be liable. More... |
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