Adkins, Potts & Smethurst, L.L.P.
Real Estate Newsletter
 
Gifts
 
A gift is a transfer of property without any money changing hands. The person who makes the gift is called the donor. The recipient is called the donee. The requirements of a valid gift are that the donor voluntarily intends to give property, which is delivered to and accepted by the donee. More...
 
Whether to Rent or Buy a Home
 
At some point, most individuals consider the issue of renting a home versus buying a home. It is a big decision with far-reaching financial implications. As part of the decision-making process, it may be helpful to use a rent/buy calculator (easily found on the Internet). Such a calculator will not, however, provide a clear answer. A consideration of other issues is necessary.More...
 
Judgment Liens and Other Types of Liens against Real Property
 
Most agreements for the sale of real estate contain a clause that requires the seller to convey "marketable title" or "merchantable title" to the buyer. In essence, "marketable title" refers to a title free of encumbrances. A lien is an encumbrance upon real property, and the existence of a lien on real property renders the title unmarketable.More...
 
The Historic Homeowner -- Historic Designations
 
It is important to us to remember our history by preserving the past. Historic designations on the federal, state, and local levels serve as an important mechanism for identifying our historic resources.More...
 
Fences -- Livestock
 
Nearly every state and/or locality has a law with regard to fences and livestock. Generally speaking, the laws fall into two categories: open range and closed range. As the matter is governed by state law and local ordinances, the applicable law should be consulted for further details.More...
 
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Salisbury, Maryland 21803-4247

 
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