The closing date for a real estate transaction is typically agreed by the parties and set forth in the contract of sale. Traditionally, that date has been a target date, without any penalty if either party is unable to close title. This allows leeway in the event of a personal emergency such as a hospitalization or last minute business trip.
It may be that you are behind on your credit card payments, a little or a lot, because you were out of work, or involved in a divorce. When the creditor refers your account for collection, it may just be a short while before it is turned over to an attorney to file suit against you. There are a number of options to address this situation.
The concept of merger in real estate law is a tricky one but important for real estate investors to understand. Before the advent of municipal zoning, a property owner could divide a large tract of land into individual lots simply by having an engineer or surveyor prepare a map showing a grid of dividing lines superimposed on the land, and filing that map with the county clerk’s office. This would then enable the owner to sell the individual lots. Many if not most lots in this State were created in just this way.
People of all ages today love to post on Facebook, Twitter and other social media. It is natural to want to share your daily happenings with your friends. However, if you have a pending accident case, you need to be cautious about what you post.