Newsletters

The Community Reinvestment Act

Prior to the enactment of the Community Reinvestment Act (CRA), many depository institutions excluded low-income neighborhoods and persons of color from taking advantage of the institutions' lending services.

Residential Real Estate Sales -- The Final Walk-Through

In connection with a residential real estate sale, it is not uncommon for a buyer to "walk through" the house one or more times before the closing takes place.

Deceit in Real Estate Transactions

Real estate transactions present opportunities for deceit. Deceit, insofar as the area of tort law is concerned, is usually defined by state law.

As-Is Clauses in Real Estate Sale Contracts

In today's white-hot real estate market, more and more sellers are listing there properties for sale "as is." What does this mean to a prospective buyer? When a seller indicates that a property is being sold "as-is," the seller is essentially offering the property on a take-it or leave-it basis.

Estates in Property -- Fee Simple

Fee simple is the type of ownership that embraces every interest in property. In other words, when a person owns property in fee simple, there are no limitations on his or her right to possess, use, sell, or pass the property on to his or her descendants through a will or a trust. The owner of a fee simple estate owns the whole bundle of rights.