Currently I'm the buyer in an owner finance agreement and have missed my August payment. This is the only payment I have missed. I informed the sellers that I would be making a late payment, including my late fees as soon as my check from my new job comes in on the 28th. The sellers then told... Read more »
answered on Aug 23, 2019
I agree with Fred, but further, if the agreement was prepared in accordance with Maine's land installment contracts law, they can't simply evict you. I would suggest having an attorney review the agreement to clarify your rights.
answered on May 13, 2018
If there are no easement rights to walk on the beach or any other basis for permission, then it is essentially trespassing. You need to be sure that the beach is part of the land that is owned, and that should be provided for in the property deed. No Trespassing signs can be posted, and even... Read more »
The buyer has a 30-day contract to buy the house..the title work was begun a month before his contract was signed. There is a 'gap in ownership' that the title company says is not an easy fix. They claim it could drag on for awhile. The owner is doing nothing to repair the title and... Read more »
answered on Feb 22, 2018
More information is needed to really answer this question. The contract would need to be reviewed to determine if it was valid to begin with, or if there has been a breach.
Depending on the problem with the title, it may not be worth exercising your option right now.
answered on Aug 16, 2017
Zoning is based on the location. Some zones will allow for both commercial and residential, but the types of commercial uses may be limited. You need to check with the town's land use code and zoning map to determine the relevant zone and what uses are permitted.
deadline, had been given means 2 do so by courts in ruling by selling pups in her possession awarded 2 plaintiff 2 be placed from defendants residence due 2 health concerns. I then filed a contempt case & won. Defendant ordered 2 pay $1000 what they claimed they had left after spending rest... Read more »
answered on Jun 16, 2017
Sounds like you have done a good job so far. I would say do a disclosure hearing and request all their financials - bank statements, tax returns, debts, and business P&L statements. Then the court can set a payment plan or a deadline for full payment, again enforceable by a contempt action.
answered on May 16, 2017
The answer may depend on if the contract says anything about how disputes are handled (there may be a mediation or arbitration clause). If it does not say anything, then depending on the amount that is in dispute, you can to either go to small claims court or to the district court to pursue them.... Read more »
from state to state?
answered on May 1, 2017
Most consumer banking laws are federal. There will be variations from state to state, but not significant for most people, with some differences if it is a commercial account or loan. A major exception is foreclosure procedure, which is more a property law than financial, and will vary... Read more »
answered on Apr 28, 2017
Generally the environmental laws that apply to the property won't change, but if your use changes then there would likely be ones that are no longer applicable, while there may be others you would need to comply with. The laws will apply based on your actual use. The town's zoning laws... Read more »
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