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answered on Sep 5, 2013
No. He will be required to sign the mortgage, but there is no legal requirement that he be on the deed.
answered on Sep 5, 2013
I am not sure I understand your question. If there is a realtor involved, then under NJ law there is a three day attorney review period. Once one side sends an attorney review letter, the attorney review period remains open ended until both sides agree to all changes.
For example the home inspection has to be done. I know we should help to assist in getting access to the home, however where do we stand legally while the inspection is going on?
answered on Sep 5, 2013
Once the seller signs a contract of sale, the explicitly permit the buyer and the buyer's agents to enter the home to perform inspections. This typically requires prior notice to the homeowner.
answered on Sep 5, 2013
There is not enough information here to fully answer. A realtor is required to ensure that someone who is submitting an offer is financially qualified to purchase the home. It is standard practice to offer a seller some assurances that the buyer is "ready, willing and able" to complete... View More
answered on Sep 5, 2013
If your ex-girlfriend is on title - meaning that her name is one the deed - then you cannot sell and unless she also signs off on the transaction. As to what she is entitled to, that would depend on what your deed says and whether there are any other ancillary agreements. Assuming she is on the... View More
answered on Sep 5, 2013
Foreign nationals are free to buy and sell real estate in the US. If you are buying with cash, there should be no issues. However, if you require mortgage financing, you will likely need a visa because you will need to obtain an SSN for tax reporting.
NJ farm owned by an LLC with 4 members
answered on Sep 5, 2013
Since the "owner" is the LLC, the contract can be signed by any one member who is authorized to sell LLC property. Under the NJ Revised Uniform Limited Liability Company Act (RULLCA), the sale of real estate is considered an extraordinary event and it therefore requires the unanimous... View More
answered on Sep 13, 2013
More facts would be needed to answer your question. A party may act in bad faith to frustrate the purpose of a contract. And, a third party may interfere with performance of the contract.
answered on Sep 5, 2013
There is not enough information to answer. There are different consumer protection statutes governing differing types of consumer goods - with different minimum amounts. For example, the Door to Door Home Repair Sales Act has a minimum of $25.00 while the Consumer Fraud Act applicable to home... View More
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