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Blog entries tagged with "law":
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Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers
and brokers listed on this site. These real estate profiles, blogs and
blog entries are provided here as a courtesy to
our visitors to help them make an informed decision when buying or selling a house. ActiveRain
Corp. takes no responsibility for the content in these profiles, that are written by the members
of this community.
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I recently attended a 3 hr. course offered through my real estate board regarding FINTRAC. The new federal law being implemented to deter identity theft, ant terrorism and money laundering that requires us to get proper identification when acting for either the buyer or seller. In addition to this we must also … (0 comments)
I'm moving back to Southern CA area to the Mission Viejo area in Orange County. I am looking for a career opportunity near Mission Viejo in the RE acquisition/investment/transactional field. Career with a RE department of franchise co, developer or investment co., retirement RE investment fund, financial institution, mortgage co, or title co. all work for me. … (0 comments)
Today I was looking on a popular business networking site when I saw the following question posted:
New Laws All Over the Place!
I've just posted an ad on Craigslist designed to attract short term buyer clients who are seeking to buy a home in either July or August.
Ignoring property rights.
New Georgia Law Adds FairnessTo Foreclosure ProcessOn May 13, 2008 Governor Sonny Perdue signed into law Senate Bill 531. The bill increases the notice to a homeowner before a lender can foreclose and introduceselements of fairness to the foreclosure process.The law that has been on the books in Georgia since 1981 … (0 comments)
Here's a helpful warning to bloggers: "Be prepared." It's the Boy Scout motto and it's also good advice for people in all walks of life. It appears that many bloggers, myself included, are a little unprepared for the possibility of close scrutiny of blogging. What if we were told that we had … (44 comments)
I just seen this on the MSN web site..........
As you may have heard, on July 1, 2008, California will be implementing 2 newlaws regarding the use of cell phones while driving. Since you're a valuedGolden State policyholder, we wanted to let you know and explain how the newlaws could affect you:
Can the police, ambulance or firefighters find your home easily from the street? 
The other day I came upon some very interesting information. Did you know that according to the Status Certificate of 1570 Richmond renting is not allowed? For anyone who may not know, 1570 Richmond is a condominium community located close to the University of Western Ontario.Please discuss; I want to hear … (0 comments)
Proposition 90: Homeowners Exemption Age 55+. It’s a “property tax incentive to move”. The main qualification of this proposition, however, is that you already own a home…it allows a homeowner 55+ to transfer the assessed value of their home to a new home and pay taxes based on the assessed value … (1 comments)
I don't think many people know that there was no fiduciary duty required from your mortgage broker. If I am not working in real estate/mortgage field, I might not pay attention to that neither. Fortunately, WA legislation finally legally required mortgage brokers owe a fiduciary duty to borrowers that is governed … (0 comments)
I mentioned recently that I attended a talk by our State Senator Ron Reagan, and that I found it inspiring and enlightening. I do understand that any politician's job is to get me to like him (not easy for a politician) and Mr Reagan is good at that . And I … (1 comments)
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I did a witness closing recently that baffled my mind. The LO playing dumb (there is no other word for it) and the yelling (NOT by me) are not typical, yet they are things I have seen before.
This is boring but important: HB 2791 (RCW 61.34) is a new Consumer Protection Law for the state of Washington. It is ffective June 12, and its goal is to keep scam artists from stealing the homes of sellers in dire straits, otherwise known as Distressed Home Sellers. The scam is called Equity … (7 comments)
Florida Governor Charlie Crist has signed into law the "Foreclosure Rescue Fraud Prevention Act of 2008", which will go into effect in October of 2008. 
The State of California has a very strict and detailed escrow law that governs escrow companies. This law is strict, detailed, expensive, restrictive, and very well enforced. The Department of Corporations administrates it and they do a thorough job of it as many "DOC" escrow company owners and managers know. They … (0 comments)
Phoenix School of Law
Just compensation is determined by several key factors, which mandates that the owner receive a reasonable return on their investment which can be quite arbitrary given what the market will bear. Eminent domain is the power of the state and federal governments to take private property. While the government may regulate … (0 comments)
I was doing a bit of cost analysis for my prcatice, to determine a rpojection fro the remainder of this year and out to the next three or four. I am a bit different in my projections, because I don't care for five year projections. Placing things out three to four … (4 comments)
In the past few years the political scene has become more contentious. It seems to me that in the past few elections there have been more arguments and accusations that have nothing to do with the actual issues.
Broker IPTV: We are talking today with Marcia Waters Compliance and Investigations Director for the Division of Real Estate for Colorado. Welcome to the show. Thanks for being with us.
Maybe...just maybe if the govenment lifted some regulatory burdens temporarily or delayed the 'global warming act' just temporarily it could create fiscal stimulus far beyond what Bernanke and the Fed can't seem to get done...
The new law went into effect on May 1, 2008. Section 11 of Chapter 206 of the Acts of 2007 now requires that all complaints to foreclose mortgage under the federal Servicemembers Civil Relief Act must be accompanied by an affidavit showing compliance with the Act. If required by Section 11, … (0 comments)
By The Burton Law Firm
Yesterday, I read a very good post by Dan Homan titled "Ethics in Advertising". If you haven't read his post please take a minute to do so. Dan brought up an excellent point about the way our listings are distributed around the Internet. 
When I first started blogging I thought it was no different than what I used to do years ago, which was constantly update my webpage. The whole thing involved ftp uploads and a wee bit of code, but it was fun and it kept the content fresh. 
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I thought it may interest some of you to review what has been going on in the United States Congress regarding Mortgage and Foreclosure law and issues in the last few months. Of these seven mortgage-related Acts listed below, only one appears to have passed. Since Realtors must be licensed, it makes sense to create a national mortgage … (4 comments)
A Pennsylvania notary is a public officer of the state. A notary public is an unbiased witness who ascertains the identity of the document signer. The notary public is authorized to perform seven official acts.
I know some of us are posting real estate listings in our blogs and hopefully doing it in the public section and have clicked on advertising. If you're not doing this, then you are losing out on exposure of your listings. But this is not the reason for this blog.
I have decided to post this blog across all areas of Active Rain due to the seriousness of this issue. There have been many posts on here concerning this issue and it has brought up a great deal of controversial opinions from both sides. (Realtors and Inspectors). The fact that there are so … (13 comments)
OK, it is not realty related, but did anyone go to the Auto Show in Louisville this weekend? What did you think? I spoke to a friend that is a managing broker for his company. He was going as he does every year. He expected that as a free show and sale, … (0 comments)
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/02/24/REPRUJ67O.DTL
San Francisco Chronicle - Buyer Sues Agent
Where will it end? Can a buyer's agent really be responsible for the buyer paying more for a house than then house is worth sometime later?
Caveat Emptor
this is the Wiki : Under the doctrine of caveat emptor, the buyer could not … (4 comments)
I have been thinking about publishing a newsletter, monthly or quarterly, that explains in brief the latest legal decisions and opinions in the federal and local courts relating to real estate transactions. Several pertinent suits have come to my attention lately, as the appellate courts hand down their final decisions. 
Delegate Terrie Suit has introduced HB 516, which would mark a substantial change in the way we all do business with property owners' associations, homeowners' associations and condominium associations in Virginia. Specifically, HB 516 does two very important things:
**Click Here to See the Original Post on WealthWithMortgage.com!** 
With so many people losing their homes these days, I wanted to share some information about using to the bankruptcy system to help someone stay in their home instead of doing a short sale or a Foreclosure. 
When I show a house and the lights are all filled with those little curly compact fluorescent light bulbs that are supposed to last longer and consume less electricity, I just hate it. They don't come on instantly and they don't put out enough light and the light is not pleasing.....at … (18 comments)
I put a blog in Active Rain yesterday concerning a really urgent issue. The legal community in Hawaii has done an end run on us that will allow them to take a huge chunk of an agent's commission if their initiative passes. Every Realtor needs to pay immediate attention to this … (0 comments)
Do you remember when a copper penny was worth, well, a penny? That hasn't been the case for a while.
Upon review of some recent legislation regarding extended notice periods before acceleration of amounts owed under the foreclosure statute I noticed that an additional section of the law was passes pertaining to loan originators in Massachusetts. It appears that as of July of 2008 all loan originators conducting business in Massachusetts will need to … (1 comments)
I want to make you aware of the new law that has gone into effect. New legislation now requires you to submit a one-time application to establish eligibility to receive your Maryland Homestead Tax Credit. For more details and to find out how to apply, please visit my online information center at … (0 comments)
Many US citizens believe that the corporate world is totally corrupt and of course they believe this because they have been told by the mass media hysteria on their television sets that all business people are bad? Many people have surrendered their minds to their television sets and therefore they believe … (8 comments)
FNMA & Freddie Mac have both restricted the maximum loan-to-value and combined loan-to-value ratios for properties located within a declining market to five (5) percentage points less than the maximum permitted for the selected mortgage product.
The arrival of the New Year also brought the arrival of a new Illinois Law. The Illinois Radon Awareness Act requires the seller of residential property (1-4 units) to provide the buyer with 2 additional documents. The first is a "Disclosure of information on Radon Hazards" form, and the second is … (5 comments)
Who qualifies for a homestead exemption. Anyone who owns a home on January 1st and uses that residence as their primary home. This entitles the owner to a $15,000 exemption to lower school taxes this year. You can either own a home, condo or mobile home. 
Check out the Law Firm of JP McClelland new video on Georgia LLCs and corporate law. The video covers tax savings and limiting liability on business activities. This is a must for real estate agents and small business owners.
I came across this article by chance last week, and I thought I would share it. On December 5, 2007 the West Virginia real estate commission has advised its real estate members that Brokers Price Opinions by anyone other than a licensed appraiser is considered unlawfful.
Hello Everyone!!
I recorded a special Christmas video blog for you all to enjoy. I hope everyone gets to enjoy the holidays with their family and friends like I will!
Love,
Lisa
Here is the link...
http://youtube.com/watch?v=X6up-BH2ZVI … (0 comments)
Registration for domestic partnership became legal just a few months ago in WA.One part of the regulations regarding domestic partners is getting little exposure: people over 62 can register, gay or straight.This is a big help to hetero seniors. There are many poor elderly couples who live together who would rather be legally married … (3 comments)
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Is so tempting to give legal advice. I don't know why but it is so very tempting to show our knowledge (or ignorance) of the law. Perhaps it is all those years of Court TV, or maybe those two courses in business law that we had to take to graduate, or … (1 comments)
Legal Advice from J. Byron Wyndham and Associates 
I found this website that goes with the new book I am absorbing about blogging http://www.buzzmarketingwithblogs.com/ it has some pretty good stuff like Links to Blogging Tips, Blogging Tools, Blogs and Business, Blog Law and Ethics and Audio, Video and Photo Blogs (just a few that interest me) 
As of 2:45 p.m., according to the U.S. House of Representatives website, http://www.house.gov/, the troublesome House Resolution 3915 is still open. The bill has yet to come before open-floor discussion and voting. Oddly though, a number of other resolutions with little wide-spread impact were discussed. Among these was a resolution to … (2 comments)
Interesting article on Reuters website this morning.....ARTICLE... Basically the suggestion is that Bankruptcy judges be given the same power to affect mortgage loans as they can adjust other consumer related loans, like auto and credit cards payments. In effect, a judge could reduce the rate, increase the terms, or actually … (2 comments)
California Homebuilders release statement in reference to the California fires. 10-30-07
I am sponsoring a very interesting seminar about the legal ramifications of moisture intrusion and construction defects. Water intrusion and mold have become a major problem in the construction and insurance industries in the last ten years. The Twin Cities have been hit hard with this problem. Stucco homes are … (0 comments)