Can credit be damaged if couple doesn’t pay taxes on inherited land?
Q: My question is probably not way up in "dollar value," but it still is bothering me. Years and years ago, a family member (watching late night TV) decided to...
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What do tenants have to do to get security deposit back?
A note to readers: I just received a call from a scammer; he told me he was from the U.S. Treasury Department and that I owed the IRS some $5,000...
Documents you need before you die or become incapacitated
Q: I was saddened when I learned Prince had died prematurely and surprised that he did not have a will. My husband and I are in our 40s and have...
Does a seller need to indemnify?
Q: I contacted a realty agent to sell my home and was asked to sign a listing agreement that contains this language: "Seller shall indemnify and hold harmless broker, broker's...
‘Adults only’ swim rule violates federal law
Q: I currently live in a condo complex with roughly 240 units and during a board meeting one of the board members wanted to put an "adults only" swim rule...
Board member should not vote on maintenance worker spouse’s salary
Q: My condo building has 45 units. Our full-time building maintenance employee owns a unit, and his wife is a board member. Do you think this is a conflict of...
If you’re buying or selling a house, get it in writing
Q: Is a verbal agreement to buy a house binding? A: Generally, no. There is a very ancient legal concept called the statute of frauds. Oversimplified, and as it applies...
Missing spouse complicates home sale
Q: My husband and I own a house. Five years ago, he walked out and literally disappeared. I have tried to find him without success. We didn't have a lot...
In some cases, approval letter means <i>pre-approval</i>
Q: My son is selling his home. His listing agent presented him with two contracts. One contract was full price, but with a number of contingencies — the main one...
Real estate agents should disclose defects
Q: I am a new real estate agent, and curious if you can provide me some legal advice. Recently, I obtained my first listing, on a single-family house which was...