| Bi-Weekly Payment Plans |
| Today, many homeowners opt to re-pay their mortgage obligations through bi-weekly payment programs. In fact, many mortgage lenders allow homeowners to make the election when the homeowner obtains the financing to purchase a new home. More... |
| Nonconforming Uses, Conditional Use Permits, and Variances |
| Zoning ordinances enforce or develop a comprehensive plan to divide property within a governmental entity's borders. The ordinances restrict a property owner's use of his or her private property so that the public's health, safety, and welfare are protected, maintained, and developed. Zoning ordinances affect the structures that already exist within the governmental entity's borders at the time the ordinances are enacted.More... |
| Percolation Tests |
| A percolation test, or "perc test," is performed on undeveloped land in order to determine whether the land is absorbent enough to support the installation of a septic system. Typically, the test is performed by a hydraulic engineer.More... |
| Disclosure of Material Facts and Hidden Defects |
| When a buyer is looking for a dream home, the last thing he or she expects to find is a material defect that will change the dream into a nightmare. To avoid that scenario, a real estate agent has an obligation to make a full and timely disclosure of all known facts that are relevant or material to the condition and characteristics of the property under consideration.More... |
| Subleases |
| A sublease is a tenant's agreement to allow a third party (sublessee) to take over the rent and occupancy of leased premises. In a sublease, the tenant remains obligated to the landlord under the original lease, and the sublessee becomes the tenant of the original tenant. The landlord may agree to accept rent payments directly from the sublessee, although he or she is not required to do so.More... |
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