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When filing a lawsuit for specific performance for the sale of a home or other real property contract, buyers often employ the standard legal tactic of contemporaneously recording a notice of lis pendens (lis pendens is Latin for “pending litigation”) with the County Recorder’s Office. This lis places any other buyer on notice that the [...]
Are you a resident of Austin? You have spent a huge amount of money to buy your dream home. A house is a prized possession to any person. If you want to protect your home from flood, fire, theft, or any type of structural damage, you have to get a home insurance policy for your [...]
In a word no! Title insurance is no substitute for a survey.It seems to have become somewhat of a common practice in the last few years for newer inexperienced real estate agents to advise clients against the expense of a survey, along with the recommendation to purchase title insurance as a way of safeguarding against [...]
In the real estate buying and selling process, it is important that you would be able to choose a good title company to take charge of the closing. Having a good company will enable a faster and smoother closing. Take your time in deciding the company to choose.If you are not quite sure what to [...]
If you have recently purchased a home, you may be wondering how all of the real estate closing costs can impact your income tax return. The closing costs were split between yourself and the seller according to whatever arrangement you negotiated. If you had your home built, you most likely paid these costs when you [...]
When a legislative mandate in 1978 emphasized on reduction in consumption of electricity in California, Title 24 came into existence. The mysterious title, as it may sound to any layman hearing it for the first time, is actually a simple California code for construction of buildings of all natures and sizes.From its original form in [...]