You have long wanted to remodel both your kitchen and the master bath, but it seems the required funds have always gone to some other needy project. A neighbor raised the idea of a shared equity agreement. Could this kind of agreement provide the remodeling money you...
Washington DC Real Estate Law Blog
What happens at a real estate closing?
Buying a new home is an exciting process. But the final step before you can receive the keys to your new home involves attending the real estate closing. According to data from the National Association of REALTORS®, in 2019, people purchased 5.34 million existing...
Negotiating a favorable commercial lease renewal
A commercial lease in Washington, D.C. lasts longer than a residential one, so market conditions often fluctuate quite a bit between when your lease term begins and when it ends. For this reason, it may benefit you to try to negotiate new lease terms that may prove...
What is a shared equity financing agreement?
With a shared equity financing agreement, two individuals purchase a property together. While uncommon, this situation may occur when one person cannot afford the home independently. Review the details about shared equity financing agreements to make a decision about...
Last-minute issues can put the sale of your home on hold
If you are in the process of selling your home, you look forward to the closing and to moving on with your life. However, a closing does not always go smoothly. There are various issues that can delay this procedure, and some occur at the last minute. The issue of...
The importance of a title search when buying property
When buying property, a title search could uncover details that may require attention to prevent a setback. A last-minute issue discovered during a title search, such as the current seller not having 100% legal ownership of the property, can delay the closing. When...
Is your estate plan missing a power of attorney document?
For most people, the idea of estate planning means just creating a will so that their surviving loved ones will know what should happen with their property. However, an estate plan can include far more than just a will and focus on more than just topics related to...
The terms of your commercial lease are important
Finding the right commercial space for your Washington, D.C. business is not easy. It's expensive, and the market is competitive, and you know you need to move quickly when you find something that works for your budget and needs. It's easy to see why it's tempting to...
Mistakes with your estate plan could cost you later
You may know that planning for the future is important, but you may not be sure where you should even start with that process. Like many others, you may know that a basic will can allow you some measure of control over what will happen in the future to your estate,...
Why even first-time homebuyers should consider an attorney
You’ve paid rent for too long and have had it up to here with apartment living. After budgeting for student loans and bills, you saved up for months and are ready to buy a home or condo of your own for the first time. You’re not alone.Young adults (ages...
