The CourthouseDirect.com Blog

Land Patent FAQ, Part 2: How to File a Land Patent

A land patent is the only form of proof of absolute title to land in the United States. It protects the landowner from claimants of co-ownership as well as the United States government.
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How to Identify a Grantor and Grantee in a Legal Document

Contracts specify the terms of the relationship between two or more parties, typically regarding a transaction. One example is the transaction of services for pay between an employee and an employer. In financial transactions, the contract ...
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What You Need to Know about Easement Deeds

You may be familiar with easements granted to cities and utility providers. These are pieces of your deeded property that remain available to municipalities and utilities to run lines overhead or pipes and cables below ground.
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Tax Lien Sales: Can You Buy Tax Lien Properties to Save Big?

Every day, banks around the nation foreclose on hundreds of homes. Foreclosure means the bank takes possession of a property after the mortgager fails to make payments – including payments on homeowner taxes. The government (state or ...
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What is Property Tax Proration?

When people buy and sell real estate, buyers and sellers must pay several costs before transferring the property to a new owner, called closing costs. Within these closing costs, buyers and sellers need to negotiate the proration. There ...
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Everything You Need to Know About Proof of Ownership

To own a property, you need specific real property documents to support your rights to the property. Real property includes any structures on the land, any person’s rights and interests related to the property, and natural parts of the ...
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Option Fees Vs. Earnest Money: What’s the Difference?

The real estate market can be confusing to both buyers and sellers alike. During the pre-closing routine, realtors may send several documents to both parties. One of these documents deals with option fees and earnest money. Since real ...
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When Should You Hire a Real Estate Attorney?

There are many different circumstances in which hiring a real estate attorney is advisable. A handful of states require the presence of a real estate attorney during closings. In states where a lawyer is not required, there are ...
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Fair Market Value vs. Adjusted Basis Value: What’s the Difference?

The fair market value and the adjusted base value are calculations used at different times to determine an asset’s worth. Fair market value is a general calculation to determine the value of an asset if it were to be sold. People use this ...
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Do Tax Liens Affect Your Credit Score?

It’s that time of the year again – tax season. If you were unable to pay taxes you owe in past years, you might run into trouble when you file this year. The Internal Revenue Service (IRS) might inflict penalties, late fees, and interest ...
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