Month: May 2015

What Is A Rundown?

Typically at some point in a real estate transaction prior to closing, the buyer’s attorney will order a title commitment from a title insurance company.  That commitment will contain all pertinent searches pertaining to the property being purchased, such as judgments, taxes, flood area and tidelands status and county land records.  The title commitment is …

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Homeowners Prevail in Contractor Dispute

In a recent unreported Appellate Division decision, the New Jersey Consumer Fraud Act (CFA) as applied to home contractor disputes was clarified. The contractor had sued the homeowners for $5000 owed on a home improvement contract and obtained a judgment against them. The Appellate Division reversed and dismissed the contractor’s breach of contract claim. The …

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