I am a lawyer in the field of real estate, so I thought I would write about some of the questions that could come up during a property transaction. These are questions that, if you had to answer, you would likely be asked.
The two most common questions that are asked of a buyer are (1) whether to buy the house from the current owner or the buyer; and (2) which side of the transaction to buy from. The first question is more important than the second, but they are both essential. The reason is that a buyer can’t just walk away and leave the house behind without being able to answer the first question. This is especially true if you are buying a house.
The best way to avoid a property being sold to a buyer who doesn’t ask these questions is to know the answers to the questions beforehand. If you are buying a home and the seller has a bad reputation, you should talk to them before signing a check. You can also ask the seller to explain why they are selling your house. If you are buying a home from a buyer who has a good reputation, you can take this up with the seller.
The first question I always ask myself is “what happens if my house is sold to a person who doesnt ask these questions?”. If I was to sell my house to a person who didnt ask these questions, I would be in trouble. I would be going to jail. If I were to sell my house to a person who asked these questions and got away with it, I would probably be dead. I would be facing my accuser.
I’m not saying that this is a good way to think about these kinds of questions. I’m just trying to illustrate that once you’ve got things under control, and are willing to go to the expense of having a lawyer or a real estate license, you can be certain that you will be able to sell your house to someone who asks these kinds of questions.
The other thing that makes it pretty impossible to sell your home is that a new state or county is going to have very different laws than the old one. For instance, if you are moving to a new state your old state’s laws may not apply. In contrast, if you are selling your house to a person who wants to live in your state, that person will most certainly have their own set of laws that will apply.
It’s especially important to understand how different laws apply when you are the buyer. If you are buying a home from someone who wants to live in your state, then unless you are married to the person who owns the house, you don’t own the house anymore. The seller will not be able to use any of the state’s laws to evict you from the property.
However, if you are buying a house from a non-residential property owner who is only renting it out to you, then the law may not be as clear. This is because the house owner may have a different set of laws depending upon how the owner rents the property. The rent must be paid by the owner, but the rent is still tied to the income the owner needs to have to rent the property. So the rent may not be the same as it is for a residential rental.
So you will definitely want to check out property law to ensure you are buying a house, and not a rental.
The rent for a home may not be the same as it is for a residential rental. So you will definitely want to check out property law to ensure you are buying a home, and not a rental.
