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Yes. A buyer should always have a title examination performed by a professional and representation by an attorney who specializes in real estate law.

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Q: Caveat emptor applies to all real estate transactions in ca?
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Where did the recording of real estate transactions begin?

The common practice of recording real estate transactions with an official recorder or registrar began in colonial Massachusetts


When were real estate transactions first officially recorded?

The common practice of recording real estate transactions with an official recorder or registrar began in colonial Massachusetts


What does one need to do if they want to make a career out of real estate transactions?

There is an exam that one must take. It is available on the job or as a course. In order to deal with real estate transactions, one must be a qualified real estate professionals.


How lond does a real estate broker need to keep real estate transactions in Texas?

3 yrs


What does EU stand for in Real Estate transactions?

Et Uxor ...and wife


What is a caveat?

usually a warning or a condition one should be aware of as in the latin phrase caveat emptor which means buyer beware!! and that is the full extent of my knowledge of latin In addition to the above, the term "caveat" refers to a challenge of the validity of a will after the decedent has died but before the will has been admitted to probate. It has the effect of forcing the matter into will contest litigation. ---- In the UK, a caveat is a restriction entered at the Probate Registry to prevent someone from taking out a grant of probate or grant of letters of administration. It is usually done where there is likely to be a dispute, e.g over the terms of a Will or over who should administer an intestate estate. It does not always lead to litigation - it simply prevents administration of the estate until the dispute is resolved, either by mediation, litigation or other agreement between the parties. A caveat needs to be renewed regularly, and can be removed at any time by the person who registered it.A warning of specific conditions or limitations.


What happens when a caveat expires?

When a caveat expires, it means that the legal notice filed against a property or an estate is no longer active or valid. This usually occurs after a specific period of time, as determined by law or court order. Once it expires, the restrictions or claims mentioned in the caveat are no longer in effect, and the property or estate is free from such encumbrances.


Does recision law apply to real estate?

The 3 day right of recsission apply to refinance transactions but not purchase transactions. info@mdecapital.com


Why do real estate companies need their own attorneys?

Real estate companies have their own attorneys for completing real estate transactions. At real estate closings, both parties are required to have an attorney present.


How do you find real estate transactions in Alabama?

The county court registers the transfers of real property.


During the caveat does executor have power to act?

In the UK: The caveat stops the probate court from issuing probate, generally speaking the caveat is in place to prevent the estate from being distributed. Of course whilst the caveat is in place the estate could not be collected. However there is much work to be done prior to the submission of the probate application, for example if there was a property the executor would still be responsible for ensuring the property was maintained correctly, insurance would still need to be in place, utilities would need to be contacted. In addition the liquid assets would still not be collated. There is still lots to be done even though the caveat is in place. Of course eventually the executor would reach a point where they could go no further. However, the filing of a caveat holds the appointment or grant of probate in abeyance until the issue of the caveat is settled. Therefore the executor does not have the legal "power" or authority to act in place of the person who has died until Letters Testamentary have been issued.


What tax nickname is death tax?

The nickname 'death tax' applies to the estate tax.