- Frequently Asked Questions -

- REAL ESTATE LAW -

Question

What is the deed?

Answer

The deed is the legal document that transfers the property.

Question

What is a short sale?

Answer

A short sale is when someone sells real property at a value worth less than the amount currently owed on the mortgage. Homeowners may do this if they can no longer afford the property.

Question

What is a land acquisition agreement?

Answer

A land acquisition agreement is a contract to purchase land.

Question

What is flood insurance?

Answer

Flood insurance is a special type of insurance that specifically covers potential losses due to flooding. It is not usually covered by your casualty insurance (also known as homeowners policies).