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The procedure and requirements for the certificate vary widely from jurisdiction to jurisdiction and on the type of structure. In the United States, obtaining a certificate is generally required whenever: a new building is constructed; a building built for one use is to be used for another (e.g., an industrial building converted for residential ...
A real estate license is an authorization issued by a government body to give agents and brokers the legal authority to represent a home seller or buyer in a real estate transaction. Real estate agents and real estate brokers are required to be licensed when conducting real estate transactions in the United States and in a small number of other ...
Co-ownership is a legal concept in a business where two or more co-owners share the legal ownership of property. For the concept of co-ownership in different legal codes, see: Concurrent estate, for co-ownership in the common law system; Co-ownership (association football), for co-ownership of a player in association football (compartecipazione ...
How to buy a house that’s for sale by its owner, with no listing agent involved.
The co-owners always take a JTWROS deed in equal shares, so each tenant must own an equal share of the property regardless of any contribution to the purchase price. If the property is someday sold or subdivided, the proceeds must be distributed equally with no credits given for any excess that any one co-owner may have contributed to purchase ...
A co-op is more like a rental agreement, where you are the tenant and the building owner is the landlord. Your shares do not translate to real property like owning a house or condo does. Instead ...
Legal expert tackles more questions about structural integrity reserves. Also,can HOA board ban non-owners from meetings?
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