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This has especially affected first-time homebuyers. Median sale price Home prices increased over the past year in over 80% of U.S. metro markets, according to the National Association of Realtors ...
In most jurisdictions, the real property interest created by the contract will pass to the buyer's heirs, while the seller's personal property interest created by the contract will pass to the seller's estate. The State of New York does not recognize equitable conversion. In New York, as long as the buyer is without fault, the risk of loss ...
Unity of marriage For a tenancy by the entirety this fifth unity must be present. Marriage combined with the preceding four unities creates a tenancy by the entirety. A tenancy by the entirety gives rise to certain legal rights, such as rights of survivors, when one spouse is deceased that interest automatically passes to the surviving spouse.
A pension or annuity may have first been acquired before a marriage. But if contributions are made with community property during marriage, then proceeds are partly separate property and partly community property. Upon divorce or death of a party to the marriage, there are rules for apportionment. Options are also difficult to ascertain.
The Treasure Coast’s real estate market, which usually picks up at the start of the new year and into spring, is seeing more interest from buyers who are now getting back into the search for ...
Consider a new study from Florida Atlantic University and Florida International University researchers in South Florida. They found the average home in the region is nearly 35% overvalued relative ...
Community of Acquests and Gains: Each spouse owns an undivided half-interest in all property acquired during the marriage, except for property acquired by gift or inheritance during the marriage, which is separate property; or which traces to separate property acquired before the marriage, which remains separate property; or which is acquired during a period when the couple are permanently ...
The Sunshine State provides a wealth of opportunities for real estate investors wanting to grow their financial portfolios. However, as with any acquisition, maximizing the return on your real ...