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21 Sep 2016, 8:18 am
The Court of Appeals rejected BP’s argument that the top lease violated the Rule, explaining that the top lease conveyed a presently vested interest (i.e., the landowners’ reversionary interest in the mineral estate) as opposed to an interest that cannot vest until a condition precedent occurs (i.e., the expiration of the existing lease), and therefore was not subject to the Rule. [read post]
27 Aug 2012, 7:00 am
It is important to read the safe-deposit box’s lease agreement. [read post]
26 May 2023, 6:15 am
Unintended Economic Pitfalls When first introduced, HB 537 banned any person or entity “subject to the jurisdiction of a foreign adversary” from purchasing or leasing real estate. [read post]
28 Oct 2024, 9:59 am
This may include purchase agreements, leases, or mortgage contracts. [read post]
22 Apr 2014, 6:56 pm
Taxpayers who have been granted 99-year renewable leases on property from a county are the equitable owners of the property and the property is subject to ad valorem real property taxes. [read post]
9 Jan 2018, 8:21 am
Our firm handles real estate transactions as well as landlord-tenant matters. [read post]
22 May 2014, 6:00 am
As with most negotiated points in a commercial real estate transaction, the resolution of these issues will depend on the relative bargaining power of the parties. [read post]
20 May 2013, 7:38 am
Superior Oil Company held the Wests' lease and an adjacent lease. [read post]
7 Apr 2012, 8:51 am
In addition, the representative can lease, sell or mortgage the estate’s property, borrow money with or without security, continue the decedent’s unincorporated business, perform any contract of the decedent and take possession, administer and grant possession of the decedent’s real estate. [read post]
29 Mar 2018, 10:39 am
The NCDOT argued against allowing the broker’s testimony based upon state law that says licensed real estate brokers are only allowed to provide opinions of the “probable selling or leasing price” of real property. [read post]
29 Mar 2018, 10:39 am
The NCDOT argued against allowing the broker’s testimony based upon state law that says licensed real estate brokers are only allowed to provide opinions of the “probable selling or leasing price” of real property. [read post]
24 Apr 2009, 8:42 am
Once we have completed the real estate research, I identify any oil and gas wells that have been or are located on your relative’s property. [read post]
3 May 2021, 8:43 am
Ellison d/b/a Ellison Lease Operating, whereas the mineral estate of the southeast tract was owned by the Farmar family and was leased to Samson. [read post]
28 Nov 2023, 10:00 am
With SLCT you can customize and generate a report tailored to your needs for comparing state laws on commercial real estate financing, ownership, leasing, and more. [read post]
11 Jun 2010, 6:15 am
Businesses involve contracts, sales, leases, real estate,and various other types agreements with other business entities. [read post]
15 Jul 2010, 9:37 am
The purchaser gets not only the operation but the real estate as well. [read post]
21 Oct 2024, 9:19 am
Managing an estate can be challenging, and your job gets even more complicated if you’re a fiduciary responsible for overseeing real estate. [read post]
29 Aug 2008, 10:19 pm
Lease - Option/Rent-to-Own - Lease-options have been traditionally used in commercial deals to give the tenant the option to buy, after the expiration of a long-term lease. [read post]
15 Jul 2012, 6:19 pm
If you want to benefit a minor, the better course is to transfer the real estate to a trustee, employing a well-thought out and well-drafted trust agreement, preserving the flexibility to sell, lease or mortgage the real estate, and perhaps (after receiving tax advice) the ability to change the beneficiary. [read post]
20 Nov 2011, 7:08 am
Is it really realistic to expect people to negotiate the management of the communal facilities of their estate after contested litigation? [read post]