United States: Conveyancing

Recent amendments to Mass. R. Prof. C. 1.15 have significantly changed how Massachusetts law yers must handle unclaimed and unidentified funds held in IOLTA accounts.

The Texas Supreme Court has overturned the "gist" rule used by lower courts to dismiss cases involving out-of-state property, establishing that Texas courts can exercise jurisdiction over contractual disputes and deed reformation matters regardless of property location. This landmark decision clarifies the distinction between in personam and in rem suits, potentially opening Texas courts to a broader range of extraterritorial real estate disputes. The ruling in Braxton Minerals III, LLC v. Bauer provides cr

Seller financing offers an alternative path to homeownership for buyers who struggle to meet conventional lending requirements, providing flexibility for both parties while potentially avoiding broker fees. However, these transactions require careful legal documentation including loan agreements, promissory notes, and deeds of trust to prevent adverse consequences. A real estate attorney can guide buyers and sellers through the complexities of seller-financed deals, from drafting paperwork to addressing tit

On occasion, a ''straight'' sale (a Property Sale) of real property (effectuated through a deed by the owner of the property to the purchaser) may morph into a sale of equity interests...

Specific performance is a remedy in which a Court requires a party to perform a particular act, more often than not what is set in a contract.

You have multiple properties that you want to sell and to perform a like-kind exchange. Do you want to treat these sales as a single exchange or multiple exchanges?

A Commonwealth Court ruling earlier this month, in City of Philadelphia v. Manu, 2013 Pa. Commw. LEXIS 363, may have a significant effect on the City’s procedures in tax sales, and the success of owners and lienholders in setting aside or staying such sales if statutory requirements are not followed.

In a recent case, the Appellate Division ruled that a 2001 amendment to the New Jersey Spill Act had essentially nullified a long line of cases which had found that persons who had purchased already-contaminated land were not liable for cleanup costs under the Spill Act.

In a dramatic change in eminent domain law, the PA Supreme Court has now opened the door, in certain circumstances, for the use of purchase offer amounts in valuing condemned properties.