One of the perks of owning property, especially a condo, is that owners may be able to rent out their condo out as a source of income. As such, condos are often a popular source of investment, as condo owners are usually free to rent out their properties to whomever they’d like, and at whatever rent they set, without intervention from a condo association board. However, this freedom can be a catch-22; owners are free to do with the condo what they like, but when problem tenants exist, resolving the issue can be a problem for the owner and the condo association.
RESPA, or the Real Estate Settlement Procedures Act, is a law that has been in place since the 1970s, and is designed to help protect homeowners during the home-buying process. In 2013, the Dodd-Frank Act was passed, which enhanced disclosure requirements found in RESPA.
People are injured as the result of others’ negligence all the time in Massachusetts. From car accidents to dog bites, slip and falls to instances of assault, if you are injured by another, you have the right to take legal action. However, before you file a personal injury case, here are three things to think about first:
If you own property in Lynn or surrounding areas and are thinking about selling, you surely have questions about the process of listing your house, showing it to prospective buyers, and accepting an offer. You may also be wondering whether or not you have an obligation to work with a real estate agent to sell your house, and whether or not it is within your best interests to work with a Lynn real estate lawyer. The answer to both these questions is this: working with both a real estate lawyer and a real estate agent is advised and can protect your best interests.
Turn on your local news channel or pick up your local paper and you’ll be met with the news of multiple car accidents in Revere and surrounding areas, like Boston, this summer. Recently, three pedestrians were struck by a car, a multicar crash resulting in injuries requiring hospitalization has occurred, and another woman has died after being struck by a car while she was crossing at a crosswalk.