Author: cheryl.sarbelita

Pennsylvania’s Landlord Tenant Law outlines landlords’ and tenants’ rights and responsibilities when breaking a lease. This law is designed to protect both parties from any potential disputes or unfair actions. According to this law, tenants must provide written notice of their intention to break the lease at least 30 days in advance. The landlord must … Continued

New Jersey landlord-tenant law is crucial for landlords and tenants to understand. In New Jersey, the law states that if a tenant wishes to break their lease agreement early, they must provide written notice to the landlord at least 30 days in advance. The tenant will also be responsible for paying any outstanding rent or … Continued

Massachusetts Landlord Tenant Law is crucial for landlords and tenants to understand. Under this law, specific guidelines must be followed when breaking a lease agreement. First and foremost, it is essential to note that in Massachusetts, landlords must provide at least 30 days written notice if they wish to terminate the tenancy or increase rent. … Continued

A landlord must know the legal requirements when selling their property. Among these is the question of how much notice should be given to tenants before proceeding with a sale. According to rental laws, landlords must provide written notice at least 30 days before listing the property for sale or showing it to potential buyers. … Continued

As a homeowner, it is essential to understand the tax implications of selling your home. One key factor to consider is capital gains tax, which is applied to any profits made from the sale of a property. However, there are certain circumstances in which you may be exempt from paying this tax. For instance, if … Continued

In the competitive world of real estate, many homeowners may wonder if they can sell their house privately after listing with an estate agent. While it is certainly possible to do so, there are a few factors to consider before making such a decision. First, One must understand the terms and agreements set forth by … Continued

Clear communication regarding landlords’ and tenants’ legal rights and responsibilities is critical. This includes any changes or decisions regarding the property in question. So, can a landlord sell a property without notifying their tenants? The answer may depend on factors such as state laws and lease agreements. However, regardless of these details, it is generally … Continued

Depreciation is a crucial aspect of owning and managing rental properties. Essentially, it refers to decreased value over time due to wear and tear or obsolescence. However, depreciation also plays a vital role when selling a rental property. The Internal Revenue Service (IRS) allows landlords to claim annual deductions on their tax returns for the … Continued

Breaking a lease is often seen as an infringement on tenants’ rights, but what about when the landlord wants to break the agreement? Landlords have legal grounds for breaking a lease to sell their property in Florida. According to state laws, a landlord can terminate a tenant’s lease if they intend to sell and provide … Continued

Selling a house can be an overwhelming and lengthy process, but the result of receiving the money from the sale makes it all worth it. However, one might wonder how long it takes to get that money in hand after selling their home. Well, many factors come into play when determining this timeline. First and … Continued

After accepting a cash offer on a house, the selling process can vary in length. Market conditions and location greatly influence how long it takes to sell a house after an offer is accepted. On average, the sale can take 30-45 days to be finalized and closed. During this time, various steps must be completed, … Continued

Considering whether to sell a paid off house or utilize it as a rental property is a decision that requires careful thought and consideration. On one hand, selling the house can provide an immediate influx of cash that can be used for various purposes such as investing in other properties or paying off debt. On … Continued

When a homeowner decides to sell the house held in an irrevocable trust, some steps and considerations must be taken into account. First and foremost, the trustee of the trust must approve the sale as they hold legal ownership of the property. Any proceeds from the sale will go directly back into the trust for … Continued

Selling a house without the assistance of an agent can be daunting, but with the proper documents in hand, it is possible to navigate this process successfully. First and foremost, you must have a completed purchase agreement outlining all the sale terms and conditions. This should include details such as the agreed-upon price, any contingencies … Continued

As a homeowner, one of the most important aspects to consider when selling your house is whether or not you will receive your down payment back. This can be a significant amount of money and significantly impact your financial situation after the sale. Fortunately, in most cases, you will get your down payment back on … Continued