You put in an offer on a house. It was accepted by the seller. However, you're now looking for a way to get out of the deal. You do not want to get sued. Can you do so? It depends on your reasons and the contingencies in your contract. Below are a few reasons you may...
Real Estate Transactions
Why do cities give out zoning variances?
Before buying a property, make sure you consider the zoning in the area. Never assume you can just use the property as you please, simply because you own it. Zoning governs land use and must be followed. For instance, if you buy a house to use as a business, you need...
What should you look for in a building inspection?
If you're buying a home or a commercial space, you typically want to work into the contract that you will only buy the property at the listed offer if it passes a home inspection. This way, if the inspection is disastrous, you can just back out of the deal without any...
Does that property have an easement?
Before a real estate transaction is complete, one of the key questions you want to ask is simple: Does the property have an easement? Most of the time, the answer is no. However, if it does, it's important to understand what it means. The right to use the property...