Brian Bender's (brianbender) Blog

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Real Estate Agent - Perry Wellington Realty
RECENT BLOG POSTS
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Title Assurance   Common law – first title transfer is efficient and subsequent ones are not Since ownership has already transferred there is nothing they can give you Response is recording acts – unless recorded it does not stop a good faith purchaser for value Usually done at the country level...
02/04/2008
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Transfers of Land   Real Estate Purchases 3 phases Pre-contract Executory/due diligence period Post-closing Ownership is transferred to buyer at closing   Form Contract p. 565 Earnest money is basically liquidated damages for default Real estate taxes – paid twice annually Contract is very pro-s...
02/04/2008
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Co-ownership   Tenancy in common (estate inherits your interest in the land) Tenants can ask for a partition if they so desire Joint tenancy (right of survivorship, can be severed by inter vivos conveyance) 4 unities – time, title, interest, possession (p. 340) Tenancy by the entirety (right of ...
02/03/2008
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Possessory Estates   Livery of seisen – have to give the physical dirt as a symbol of the property Statute Quia Emptores – allowed people to pass the land to their heirs, didn’t just automatically revert to the overlord (need to state “and his heirs” to create a fee simple) Fee tail – does to li...
02/03/2008
This happened to me after a purchase with neighbors that lived across the stream . We owned a property that had a stream on it. After getting it surveyed we started building waters falls on the 800 foot stream. the neighbors immediately started calling the fish and stream commission. which in re...
02/03/2008
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