real estate

Title Litigation Part 2

In a prior blog, I spoke about the wisdom of investing in a title insurance policy when you purchase real estate.  See In that blog, I detailed the failure of a title settlement agent to satisfy the prior owner’s mortgage, with the result that the new owner was served with a foreclosure complaint. Boundary line …

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Time Of The Essence

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 …

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