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Tag Archives: Real Estate

Real estate lawyer: It’s dirt, not a home (access required)

Raleigh, NC—My colleague asked me to read a passage for accuracy. The passage mentioned homeowners. When I reviewed the passage, I changed “homeowners” to “property owners” and highlighted “property owners.” When my colleague sent me a revised paragraph to check ...

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History of Condo Flooding is ‘Adverse Fact’ (access required)

Buyers of a Charlottesville townhouse can sue the part-owner/real estate agent for failure to disclosure adverse material facts, based on allegations the agent knew of and failed to disclose a history of flooding at the residence; even though the flooding ...

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Beware of phony checks at closing (access required)

Scammers continue to target lawyers in Virginia and elsewhere with schemes involving counterfeit checks. The latest warning comes from leaders of the real estate bar who warn of phony checks being offered for real estate closings. The attempts at real ...

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Assignment recordation bill killed after all

The effort to require recordation of mortgage assignments in court records is finally dead. Sen. Chap Petersen, D-Fairfax, managed to resurrect his proposal, Senate Bill 838, that would have required the recordation of mortgage assignments in court records yesterday. The ...

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