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From the Blog

The Real Estate Contract Must be Valid to be Enforceable

Ensure that your Real Estate Contracts are Valid An Agreements of Purchase and Sale, like any other contract, requires a proper offer, and acceptance.  What are the requirements of basic contract law? This question takes me back to my first year of law school.  In order for there to be a valid contract, three things are required. Offer Acceptance Consideration This holds true, regardless of whether the contract was sent via email, or fax.  To further … [Read More...]

Why Condominium Owners Should Not Neglect Homeowners Insurance

Homeowners Insurance for Condominium Unit Owners: Why You Need It Mortgagors often do not require that condominium purchasers obtain household insurance. This leaves many condo purchasers under the impression that it is covered by their monthly common expenses and the condominium’s policy of insurance. However, often that is not the case. It is true, that the condominium corporation must carry insurance on the building, it does not cover everything, and there are often … [Read More...]

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