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An option to purchase clause in a rental contract allows renters to buy the property they are renting at a later date. This clause outlines the terms and conditions under which the tenant can exercise this option. It's important to understand how this clause works to...
Landlord-tenant disputes are common and can arise from various issues, including rent payment, property maintenance and lease terms. Handling these disagreements effectively ensures a fair outcome for both parties and maintains a positive rental relationship....
Not everyone can afford to purchase a home immediately. A poor financial situation might not allow you to secure a mortgage. Still, even if you possess sufficient financial resources, you may wish to put off a full purchase until later. These situations can make a...
Rental arrangements can be convenient and practical for both landlords and tenants. A well-crafted rental agreement sets clear expectations for renters to follow. However, even with specific rules and regulations set forth in rental agreements, conflicts often arise...
Not every home purchase will require putting money in escrow. However, if you will need to have escrow, it is helpful to understand how it works and why it is a requirement. Escrow is money put into an account by the buyer. It is a percentage of the purchase price and...
Disputes between landlords and tenants can cause problems for everyone involved. Everyone involved needs to know their legal rights and how to safeguard their interests. The possibility of eviction may arise during certain disputes. Due to the high stakes of this...
Many New Jersey multifamily properties have great investment potential, and many investors prefer this type of real estate because it has a higher potential to generate long-term cash flow than a traditional, single-family property. Multifamily homes come in many...
If you have found yourself in the middle of a dispute involving your landlord, you need to carefully evaluate your options. These disputes can surface for a wide variety of reasons, whether your landlord is taking you to court over allegations that you have damaged...
The real estate market in most of New Jersey has been nearly unbelievably hot in recent years. In fact, according to Zillow, home prices have increased by almost 16% in the last year, making the average cost of a single-family home roughly $462,000. If you know where...
If you have found yourself in the middle of a landlord-tenant dispute, it is crucial to have a clear understanding of your legal rights and make sure you safeguard your interests. Whether you currently live in a rental unit or you own rental property, disagreements...