I'm about to close on a property tomorrow which is vacant, unimproved land. I intend to file a patent for this land and the legal description does not state the metes and bounds with the address on the current deed or title. Do I need to have this changed before I can file a land patent? Does... View More 
We have lived at our house for 25+ years and there’s never been a sidewalk, it stops at our driveway. There was a city vehicle outside our house today taking pictures of the front of our house on the neighbors sidewalk. With the new sidewalk initiative, I typed in our address on the government... View More
Furniture might be worth 10,000 max but seller wants 35000 in separate transactions from house perchase of 600000 we really want the house so we are forced into this furniture deal . Do we just go along with it and over pay for the furniture and keep the sellers happy it’s like they are hiding... View More
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answered on Sep 22, 2023
Sorry, it is the seller's responsibility to deal with their taxes. It only becomes a problem for you when you both start colluding not to pay taxes.
The seller has the right to sell his property for as much as they want. We live in a free market so if a buyer will pay it then why not?... View More
Hoa covers water, trash and grounds. Parking is 6 month assessment. And the 225 adding to monthly fees are for outside of building Insurance? This seems outrages based on I live in an 800sq foot condo that is not immaculate. There are million dollar homes in Colorado who's hoa fees are less... View More
My mother's name is on the title and mortgage for the condo I am living in while I pay all the fees. I am set up as a renter with no profits. I am now in a position to take ownership of the property and remaining mortgage. Adding my name to the existing mortgage is not an option. She... View More
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answered on Sep 15, 2023
Unfortunately, this is not an easy situation. If you want to avoid fees, you should probably talk to a tax attorney. I do not think you can avoid all taxes. You may be able to defer taxes or maybe defer then fall into an exception, but Uncle Sam always gets his cut in the end. Your mother could... View More
She Signed for herself. Then a month Later she registered for an LLC at this Address.
Does this break the ORIGINAL Sublease Agreement???
Colorado Springs, Colorado
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answered on Sep 11, 2023
While I am not aware of any penalties, there are benefits to keeping a separate bank account for security deposits. For one, if you are sued, bank records are open to discovery. As such, if you put the deposit in a separate account then you do not necessarily need to divulge your personal records... View More
The woman signed the lease, gave me one months rent/security deposit, and decided not to move in within weeks of the agreed upon date in the lease? I did everything that she requested, including moving all the items you would expect to have in a furnished apartment-from dishes to bookshelves to... View More
The woman signed the lease, gave me one months rent/security deposit, and decided not to move in within weeks of the agreed upon date in the lease? I did everything that she requested, including moving all the items you would expect to have in a furnished apartment-from dishes to bookshelves to... View More
MORTGAGE TOOK 2 1/2 YEARS TO ADDRESS AN INQUIRY AND AFTER A CFPB COMPLAINT MADE. THE RESPONSE WAS CLOSING ERROR BY TITLE AGENT. TITLE AGENT TRIED TO COERCE ME TO REFINANCE TO COVER DEBT NOT COVERED AT CLOSING.
House was held as joint tenants. There will be no probate of his small estate.
I live on a property with an adjoined backyard area with no fences. The adjoining property is a communal housing facility. I have been utilizing the full area for several months. I was told by the manager of the asking property that I'm no longer allowed to use "their" portion of the adjoined space.
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answered on Aug 21, 2023
The use of shared or communal spaces often depends on property agreements and the understanding between neighbors. If you have been using the entire adjoined space for a certain period, it might have established a pattern of usage. However, property managers or owners of the adjoining property can... View More
I want to sell the property because I am 8 hours away. Is the lease still valid? Do I have any way out?
* My brother recently passed away.
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answered on Aug 1, 2023
That is a very complicated legal topic. You should contact an attorney.
1st they need to determine who owns the house. Then you need to look at not only the validity of the lease but if you accepted any payments. Next, it depends. But in short, it may not be wise to kick out a potential... View More
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answered on Jul 21, 2023
It really depends. If the property is owned as joint tenants with right of survivorship, ownership can pass by operation of law without any court involvement. In other instances, probate may be required. Regardless, property ownership is riddled with legal complexities. If you do not know the... View More
deed is still in dead friends name
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answered on Jul 28, 2023
The mother is probably an heir at law of the last owner. She probably has the authority.
We are looking to possibly sell a piece of real estate that is currently blank land. It is used for carnivals and parking. On the same parcel (which would be subdivided). There is an event center which is owned by the City however this land is on the other side of the parcel and undeveloped. I do... View More
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answered on Jul 21, 2023
It sounds like you may have a title issue.
If you are concerned the government is using the land without your permission, it could be a taking or trespass. It is also likely there is some type of agreement on the property. Regardless, you would need to dig deeper into it.
This... View More
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answered on Jul 10, 2023
It depends. I know everyone hates that answer.
In general, if you own a piece of real property, you can add another person as a Joint Tenant. But depending on state law, if the mortgage is a deed of trust or other, the terms of the contract and so on, changing ownership can be an issue.... View More
There is a reverse mortgage on the home the equity outweighs the loan
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answered on Jul 6, 2023
A reverse mortgage allows homeowners who are 62 years or older to convert part of their home equity into loan proceeds without having to sell or move out of their home. With a reverse mortgage, the loan is typically repaid when the homeowner sells the property or passes away.
If there is a... View More
They are retaliating and trying to provoke me so it'll be easier for them to evict.
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answered on Jul 11, 2023
I am sorry you are dealing with this. You should keep a record of the harassment, talk to the landlord, file a complaint with the housing authority, or consult with an attorney.
I have several properties in CO, each in it's own separate LLC with me as the only member of each LLC. Does having all the LLC's insured under a PERSONAL liability umbrella defeat the entire point of the LLC's, (which is to keep each property only individually "liable" and... View More
answered on Jun 2, 2023
Hi there, generally your personal liability policy is not going to cover the properties owned by the LLC given that the LLC is not the insured on the policy. You would need to read the policy to be certain. An umbrella policy for all of them could be a solution if there was adequate coverage and... View More
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