Winter 2009

Ensuring Good and Marketable Title

Posted in Concepts Newsletter, Winter 2009

Ensuring Good and Marketable Title

The Agreement of Purchase and Sale (the “Agreement”) contemplates a period of time for the purchaser to determine whether the seller has a good and marketable title to the real property and that it is owned free and clear of any claims, liens or liabilities. Unfortunately, the search of title and other inquiries often reveal title defects which may or may not be correctable before the closing date. For example: An Agreement describes the seller as Daniel M. Green. Yet when Daniel purchased the property, the Transfer/Deed set out his name as Daniel Mark Greene; There is an old...

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Personal Effects: Have You Considered Their Effect?

Posted in Concepts Newsletter, Featured Articles, Winter 2009

Personal Effects: Have You Considered Their Effect?

The division and disposition of a deceased person’s personal goods and household effects is often a contentious issue, particularly amongst family members. The conflict is most often caused by sentimental and emotional values friends and family members place on the items rather than their intrinsic values. Unfortunately, most people spend relatively little time considering how to dispose of their personal and household effects on death, but instead, focus on monetary issues. You should, therefore, consider what specific items form your collection of personal and household effects and...

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