| Buying Houses in Foreclosure |
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| It may be difficult to find bargains in the real estate market. However, it may still be possible for deals to be found on properties in foreclosure or following foreclosure.More... |
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| Negligent Misrepresentation in Real Estate Transactions |
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| Real estate transactions present situations in which negligent misrepresentation can occur. Negligent misrepresentation, insofar as the area of tort law is concerned, is usually defined by state law.More... |
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| Flood Insurance |
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| Congress created the National Flood Insurance Program (NFIP) by way of legislative enactment. Congress' purpose in creating the NFIP was to create a national program for flood management.More... |
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| Disclosures in Residential Real Estate Transactions |
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| One of the biggest decisions in a person's life is the decision to buy real estate. The excitement often associated with the purchase of a new home can be overshadowed by disappointment once the newness wears off and defects become apparent. Generally, the rule of "caveat emptor" -- buyer beware -- requires the buyer to conduct a reasonable inspection of the premises to discover defects and imperfections.More... |
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| Usufruct |
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| The meaning of the term "usufruct" is the right of enjoying a thing, the property of which is vested in another, and to draw from the same all the profit, utility, and advantage that it may produce, provided it be without altering the substance of the thing. The person who has the right and enjoyment of a usufruct is known as a "usufructuary."
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