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What is an acceptable legal description to be used in real estate contracts?
Wiki User
∙ 9y ago
An acceptable legal description in real estate contracts typically includes details such as lot number, block number, subdivision name, and county. It should be specific enough to accurately identify the property and must match the description found in the property deed. It is important for legal clarity and to avoid any confusion or disputes in the future.
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What is the impact of commonlaw in real estate?
Common law plays a significant role in real estate by providing a framework for property rights, contracts, and liability. It influences how property ownership is determined, how disputes are resolved, and how contracts are interpreted in real estate transactions. Understanding common law principles is essential for navigating the legal aspects of real estate transactions.
Are evergreen contracts legal in Rhode Island?
Yes, evergreen contracts are legal in Rhode Island. These contracts automatically renew unless either party provides notice to terminate. Rhode Island law allows for such contracts as long as there are certain safeguards in place to protect consumers from unfair practices.
What contracts cannot be assigned?
Contracts that involve personal services, contracts that explicitly prohibit assignment, contracts that involve a unique skill or talent, and contracts that would violate public policy are generally not assignable.
Can you sue a dead mans estate?
Yes, you can sue a deceased person's estate through a legal process known as probate. In such cases, the executor of the deceased's estate would handle any legal claims against the estate. It is important to consult with a lawyer to understand the specific procedures and requirements for pursuing a legal claim against a deceased person's estate.
How can you convert a legal description to a address?
To convert a legal description to an address, you will need to plot the legal description on a map or use a GPS device to determine the approximate address associated with that location. Alternatively, you can consult with a surveyor or land professional who can help you translate the legal description into a physical address.
What is meant by the legal description in regards to real estate?
The "legal description" of a parcel of real estate is the description carried forward in the deeds for that property. The legal description must be used for purposes of conveyance or in any other instrument that purports to affect that property such as a mortgage, lien or lease.
Is a verbal agreement legal for real estate in NC?
No. The Statute of Frauds states that real estate contracts must be in writing.
Is a real estate assistant a legal secretary?
No. A real estate assistant could be any position that helps someone who is involved with real estate. It could mean a messenger for a real estate lawyer or sales office or an assistant for a paralegal or legal secretary in a real estate office. It is an indefinite job description. A legal secretary has specialized training, background and knowledge about the day to day workings of a law office or legal department.No. A real estate assistant could be any position that helps someone who is involved with real estate. It could mean a messenger for a real estate lawyer or sales office or an assistant for a paralegal or legal secretary in a real estate office. It is an indefinite job description. A legal secretary has specialized training, background and knowledge about the day to day workings of a law office or legal department.No. A real estate assistant could be any position that helps someone who is involved with real estate. It could mean a messenger for a real estate lawyer or sales office or an assistant for a paralegal or legal secretary in a real estate office. It is an indefinite job description. A legal secretary has specialized training, background and knowledge about the day to day workings of a law office or legal department.No. A real estate assistant could be any position that helps someone who is involved with real estate. It could mean a messenger for a real estate lawyer or sales office or an assistant for a paralegal or legal secretary in a real estate office. It is an indefinite job description. A legal secretary has specialized training, background and knowledge about the day to day workings of a law office or legal department.
What is the impact of commonlaw in real estate?
Common law plays a significant role in real estate by providing a framework for property rights, contracts, and liability. It influences how property ownership is determined, how disputes are resolved, and how contracts are interpreted in real estate transactions. Understanding common law principles is essential for navigating the legal aspects of real estate transactions.
Where can I find a sample real estate contract?
A web search for "sample real estate contract" will return many sites that offer sample real estate contracts. You could also try a real estate investing or real estate sales book at your local book store for more samples. One resource that is often overlooked when looking for sample contracts is a local library. Libraries often have legal resources and may have a sample, and if not, they will likely have real estate books that will have copies of various types of contracts in them.
How old do you have to be to sign a legal document in Australia?
Eighteen is the legal age to sign contracts in Australia.Eighteen is the legal age to sign contracts in Australia.Eighteen is the legal age to sign contracts in Australia.Eighteen is the legal age to sign contracts in Australia.
Is a verbal agreement to purchase proprty in the state of Washington legally binding?
AnswerCheck with your state real estate board. But to my knowledge all real estate contracts must be in writing to be binding. Answer Absolutely not. All real estate transactions in the state of Washington must be in writing, and must have a full and complete legal description of the property being sold. (Firth v. Lu, 103 Wn. App. 267 (2000))
Order Legal Contracts Online?
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How do I change the legal description of my property I have a court order describing new description?
You should consult with an attorney who specializes in real estate law. You may just need to record the court order in the land records and ask that it be cross referenced with your deed. You should not try to create a 'legal description' on your own.
Morally acceptable legal separation?
Any legal separation is morally acceptable.Any legal separation is morally acceptable.Any legal separation is morally acceptable.Any legal separation is morally acceptable.
How should the legal description on a quit claim deed be filled out?
A real estate attorney should be consulted in drafting the deed. Mistakes made by a non-professional in drafting a deed can result in costly problems. The description should mirror the description in the present owner's deed.
Are all promises legal contracts?
True
