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Commercial leases are tricky. Residential tenants enjoy numerous protections in the law against provisions in their leases that unfairly limit their rights, but commercial tenants are largely on their own when it comes to negotiations. Two of the biggest issues an...
When you made an offer on a house that caught your eye, the seller wanted 5% in earnest money. The house was just over $300,000, so you gave them around $10,000 as, essentially, a down payment to show that your offer was serious. While that was true at the time and...
Sometimes there can be surprises in store when you find the home of your dreams. If you do not spot them soon enough, they could cost you dearly. What measures can you take to reduce the risk of a nasty shock after you have signed on the dotted line? Are there any...
You find a home that looks perfect. The walk-through goes well, the price is right and you don’t see any major defects. You know you’re going to have an inspection done anyway, just in case, but should you also call a surveyor? Most people think that a surveyor may...
When you close on your new home, you sign all of the paperwork and then get the keys. The house is yours. If the seller already bought a new home and the house is sitting empty, you may head over right away. But what if the seller is still living in the home? Do they...
Some of the expenses associated with buying a home are unavoidable. You have to pay any past-due taxes and cover closing costs. Other expenses, like the homeowner's title insurance policy or property inspections, are optional. You may choose to forgo those costs,...
It can be exciting thinking about the prospect of buying your first home. You shouldn't rush into things without thinking of them as clearly as you should, though. First-time homebuyers often make mistakes that can cost them more money than it otherwise should. One...
In Connecticut, an attorney should be present and actively involved in any real estate transaction that takes place. This is required by law for a couple of reasons. The first is that it helps protect the buyer and seller against litigation by making sure all laws are...
Title checks are one of the most important things an attorney can do when you look to close on Connecticut real estate. Without it, you could end up wasting time and money on a property that the would-be seller does not have the legal right to sell. Mortgage lenders...
If you’re buying a new home, one thing you should have is title insurance. Title insurance covers any issues with the home that the title company doesn’t catch during the home-buying process. For example, if you find out that there were filing errors, back taxes due,...