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What Metaverse real estate means for mortgage professionals

Housing Wire

Actual” real estate is defined as property consisting of land or buildings, and everything that is permanently attached to the land. There is a legal description. In Decentraland or Sandbox, for example, the legal descriptions are individual pixels (essentially code) that define the “parcels.” Defining virtual real estate.

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How the title industry is addressing the negative effects of heirs’ property

Housing Wire

Typically, when a person passes away, it is customary for a will to specify who will inherit the property. However, wills and estate planning can be costly, and many Americans do not have the resources to legally account for their property before they pass away. How is the title industry helping to address heirs’ property?

Legal 390
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Does Adding an In-Law Suite Pay Off?

Empire Appraisal Group

Does Adding an In-Law Suite Pay Off? Source: Does Adding an In-Law Suite Pay Off? If you can legally add an accessory dwelling unit (ADU), should you? NEW YORK – Accessory dwelling units are known by many names: in-law suites, guest houses, backyard cottages, or basement or garage conversions, among others.

Law 78
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Opinion: How did homeowners get into home equity prison?

Housing Wire

While the person sits back and watches the value of their house climb to levels that have never been seen before, they are still struggling to get back to their pre-pandemic income level while also having to pay more for homeowner’s insurance and property taxes, not to mention the fact that all of their other bills have increased as well.

Law 414
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13 Tips for Negotiating Commercial Real Estate for Lease in Columbus, Ohio [2022]

The Robert Weiler Company

Since a lease agreement is legally binding, you should have a commercial real estate lawyer review the document first. An attorney specializing in commercial real estate law can help you understand the terms, make sure your interests and rights are protected. Fees, taxes, and operating costs. Automatic rent increases.

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7 Best Books for Rental Property Managers [in 2022]

The Robert Weiler Company

They want to understand what’s involved in the day-to-day operations and learn the best practices, tips, and tools from experienced property managers. And seasoned pros often seek out changes made within the property management industry. They want to learn about the latest technology, laws, and regulations.

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When borrowers ‘ghost’ their servicers

Housing Wire

Federal laws aren’t the only ones servicers have to contend with. The National Consumer Law Center (NCLC) identified executive declarations and court orders in 34 states as of April 2021. So, I don’t expect to see a lot of activity in courts or in the legal system to accelerate the foreclosure process.”.

Law 338