Real Estate Law
Residential Lease Agreement
A Residential Lease Agreement is a legally binding contract between a landlord and a tenant that outlines the terms and conditions for renting a residential property.
Sublease Agreement
A sublease is an agreement where someone takes over part or all of an existing lease. This type of lease involves at least three parties. The first party is the landlord, who usually owns the property. The second party is the tenant, who rents the property from the landlord. The third party is the subtenant, who rents the property from the tenant.
Quitclaim Deed
A Quitclaim Deed is a simple document used to transfer ownership of real estate, like a house or land, without guaranteeing ownership. Because it offers no warranty, it’s usually used between trusted parties, such as family members, and most often in transactions that don’t involve payment.
Contract for Deed / Land Contract
A contract for deed is a contract in which the buyer pays for land by making monthly payments for a certain period of years. The buyer does not own or have title to the land until all the payments have been made under the contract. The contract must be recorded with the Real Property Records office to protect your interest. Once recorded the contract is treated as a warranty deed with a vendor’s lien.