When you and your spouse make the decision to end the marriage, one huge issue you will have to resolve is the division of debt. If you have no debt, you would not have to worry about this, but most couples do have debts they must divide. As you prepare for this, here are some important details to understand about the debt agreement you create. You likely will have to split it equally
The purpose of building codes is to keep the public safe. Building codes touch on various aspects of construction such as electrical systems, waste disposal systems, ventilation, structural integrity, and dimensions, among other things. Examples of Violations and Risks A violation of a building code can easily lead to a bad accident. The nature of the risk or type of accident depends on the violation. Below are some of the common building code violations.
If you've been injured in an auto accident caused by another driver, you probably know how quickly the bills for your medical treatment can pile up -- especially if you're also not working while you heal. Wondering how long it takes to settle your claim with the insurance company responsible for covering the other driver is natural. Unfortunately, there are often a lot of delays before a claim is settled.
The classic concept of two people of the opposite sex forming a legal union is not going anywhere any time soon. Alternate options abound, however. If you and your partner are not ready to make the traditional choice, you might want to know about some other choices. The below unions, though different from a regular marriage, still not only deserve your attention, but may require you to take some additional steps to protect your financial interests.
If you own a house and are getting divorced, you and your spouse might reach an agreement that one of you will get to keep the home. If this is the way you both want it, there will be several steps that must take place before you can complete the process, and these steps include valuing the house, refinancing the loan, and completing a quitclaim deed. Valuing the house There are a lot of ways couples split homes during divorce but choosing to let one spouse keep the house is a common method.
I am a real estate attorney, and I have been helping clients buy and sell property for many years. Some clients do not realize their legal obligations and options when it comes to purchasing or selling a house or land. I hope that this blog will be a way for people to get information about legal issues in real estate and what they need to know when doing business. Buying and selling property can be complicated, and all parties involved have legal obligations. Know what is expected of you, and you will be able to get the best out of your real estate transactions.