When purchasing a resale home, it is typical for the seller to sell the home with the fixtures and chattels included in the purchase price. Fixtures are items that are fixed or attached to the property in such a manner that they become part of the land that is being sold. Chattels are items of personal property
Real Estate Law Archives - Page 14 of 16
Eric Levitt / June 16, 2014
NEWSLETTER JUNE 2014
UNDERSTANDING PROPERTY TAXES WHEN YOU PURCHASE A PROPERTY Whether you buy or sell property, there will be an adjustment for property taxes between the buyer and seller. This column will explain how payment of property taxes is addressed by your lawyer in different real estate transactions. I will first address the most common
Eric Levitt / May 15, 2014
NEWSLETTER MAY 2014
WHAT IS AN EASEMENT? The process of buying a home can be intimidating and overwhelming. Homebuyers must face a multitude of major decisions, many of which are made more difficult by the use of complex legal terms. The term “easement” is common and is found in many Agreements of Purchase and Sale. This