Posts Tagged ‘property’
How to Refinance an Inherited Property to Buy Out Heirs
Key Insights The “buying out” concept: This process involves one heir taking out a new mortgage to pay the other heirs their share of the home’s equity. Appraisals are essential: You cannot determine a fair buyout price without a p...
Recover Money, Not the Property
What this episode adds to the discussion: See the three categories of money losses a buyer may recover from a breaching seller in lieu of ownership of the p...
Kurv Industrial Adds Another Irvine Property to Collection
A nearly 20-acre industrial property in Orange County has come under new ownership.Kurv Industrial, which rebranded from Bridge Industrial last month, acquired a 348,000-square-foot industrial building on a 19.5-acre parcel at 9750 Irvine Boule...
Is a property manager responsible for the negligence of an independent contractor when the property manager retained control of the worksite where an explosion occurred?
https://journal.firsttuesday.us/wp-content/uploads/Audio-RCD_Ruckman_v_Ag-Wise_Enterprises_Inc.mp3Ruckman v. Ag-Wise Enterprises, IncFacts: A property manager hires an independent contractor to excavate soil at an agricultural property where ...
Property Taxes By State: Compare Rates and Costs
Key Takeaways: Property taxes help fund essential public services and are based on the assessed value of property, not what you paid for it. New Jersey (1.88%), Illinois (1.88%), Connecticut (1.54%), Vermont (1.51%), and New Hampshire (1...
Condition of property: the owner’s disclosures for symmetric information
Why this matters: Learn the seller broker duty to inspect and disclose their observations and knowledge about a property’s condition to prospective buyers, preparation and delivery of the seller’s Transfer Disclosure Statement (TDS) and rec...
Mamdani Pitches Hiking Property Taxes
To plug a more than $5 billion budget gap, Mayor Zohran Mamdani sees two options: Either raise taxes on corporations and New York’s wealthiest or increase property taxes by 9.5 percent while tapping into the city’s reserves. Gov. Kathy Hoc...
May an owner of residential rental property use a rent control exception for new housing when the property was previously used as military housing and the owner is the first to receive a certificate of occupancy for the property?
https://journal.firsttuesday.us/wp-content/uploads/Audio_CP_VI_Admirals_Cove_LLC_v_City_of_Alameda.mp3Facts: An owner of a multi-unit residential property conducts extensive repairs to the units which were originally military housing not avai...
