Bridge Loans

A bridge loan is a short-term loan designed to assist a borrower in Alex's situation. When a borrower has sufficient equity in an existing home, the borrower can borrow against the equity in the existing home in order to finance the down payment on a new home.

Right-to-Farm Laws

Almost every state has enacted some type of right-to-farm law. In essence, the laws protect farmers from lawsuits by neighbors. Typically, the laws create a presumption that a farmer's existing agricultural pursuits do not create an actionable nuisance.

Square Footage of a Home

In almost every sale listing for a home, there is some indication of the square footage of the home. How is the square footage of a home determined?

Fee Tail Estates

The fact scenario set forth above describes the creation of what is known as a "fee tail" estate. A fee tail estate is one that is restricted by the grantor to lineal descendants, as opposed to collateral heirs.

Transfers or Assigments of Mortgages

In the real estate finance industry, it is not uncommon for a mortgage loan to be sold one or more times during the life of the loan. When a mortgage lender transfers or assigns its interest in a mortgage loan to another party, some type of written document must be filed to put others on notice of the transfer.