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Civil penalties occupy a strange place in some legal systems - because they are not criminal penalties, the state need not meet a high burden of proof, such as "beyond a reasonable doubt"; but because the action is brought by the government, and some civil penalties can run into very large sums, it would be uncomfortable to subject citizens to ...
A short sale isn’t as straightforward as a traditional real estate transaction. You might need to work with an experienced real estate agent to find properties, and potentially with an attorney ...
In Wisconsin, a municipal offense or ordinance offense or civil offense or noncriminal offense or municipal infraction or infraction is the infringement of a city ordinance. [1] A municipal offense is not a crime. [2] [3] As of 1989, the Montana Code provided that: 7-1-4150. Municipal infractions — civil offense.
It thereby allowed black American legal claims to rescind the usurious land contracts (featuring over-priced houses and higher-than-market mortgage interest rates), as a discriminatory real estate business practice illegal under the Civil Rights Act of 1866, thus greatly reducing the profitability of blockbusting. Nevertheless, these regulatory ...
Assessed value: The value of real estate property as determined by an assessor, typically from the county. "As-is": A contract or listing clause stating that the seller will not repair or correct ...
This year it's with no small sense of embarrassment that I had to unload a commercial property as a "short sale." I hasten to underscore that I'm by no means a big-time real estate investor ...
A civil wrong can be followed by civil proceedings. [5] It is a misnomer to describe a civil wrong as a "civil offence". [6] The law of England recognised the concept of a wrong before it recognised the distinction between civil wrongs and crimes in the 13th century. [7]
Loan type. Minimum waiting period. Conventional. 2-4 years with exceptions. FHA. 3 years with exceptions. USDA. 3 years. VA. 2 years with exceptions. Non-qualifying (non-QM)