| The Foreign Investment in Real Property Tax Act |
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| Congress enacted the Foreign Investment in Real Property Tax Act (FIRPTA). The law can be found at 26 U.S.C.S. §1445. More... |
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| Deceit in Real Estate Transactions |
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| Real estate transactions present opportunities for deceit. Deceit, insofar as the area of tort law is concerned, is usually defined by state law. More... |
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| Judgment Liens against Property |
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| Once a court reaches a determination that one party owes another party money, the court issues a judgment. A judgment, quite simply, constitutes a judicial determination that one party owes another party money and nothing more. Once a judgment creditor obtains such a judgment, the judgment creditor must undertake efforts to collect the money that is owed by the judgment debtor. More... |
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| Flood Insurance |
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| Congress created the National Flood Insurance Program (NFIP) by way of legislative enactment. Congress' purpose in creating the NFIP was to create a national program for flood management. More... |
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| Foreclosure and Redemption of Residential Purchase-Money Mortgages |
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| Typically, a purchaser of residential real estate pays for the property with funds that are obtained from a lender, called the mortgagee, through a mortgage transaction. In exchange for the funds, the purchaser, called the mortgagor, promises to repay the funds and gives the mortgagee a security interest in the property to secure the repayment. In the event that the mortgagor does not repay the funds as required by the mortgage document or is otherwise in default, the mortgagee may foreclose on the mortgage. More... |
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