You have probably already heard that the first real estate investment is the hardest. If not, then you have not yet fully understood the pitfalls and shenanigans of real estate investing. Although real estate is a very safe investment, we would like to share the five biggest mistakes you can make when investing in real …
Definition and Terms of an Amicable Division
Definition and Terms of an Amicable Division Summary – Amicable partition and allocation of undivided lots among the heirs – Amicable partition: recourse The division of property puts an end to the indivision: each heir receives his share of the inheritance and becomes the owner of it individually. It can be amicable: this supposes that …
Top 5 Tips For Surviving Dorm Life
Living in a dorm next year? Chances are you’ll have an RA, or resident assistant, assigned to your building or floor. This is someone you need to get to know. He or she is usually an upperclassman who lives in one of the dorms and is there to enforce the rules but also to help …
How To Write A Real Estate Business Plan?
Starting a real estate project seems easy at first glance. However, the reality is that all the smallest details must be well studied to avoid inconveniences. It is obvious that even with great anticipation, unforeseen events can occur. Nevertheless, these can be anticipated in the elaboration of a business plan. As a solution, we present …
Practical Guide To Investing In An Investment Property
Those in the know know that real estate investing is a high-yield investment. Compared to the purchase of separate buildings, the acquisition of an investment property has many advantages. However, one should not rush into such an investment without having well studied all the crucial points around the subject. Thus, we elaborated this guide to …
How is Estate Inventory Carried Out
How is Estate Inventory Carried Out When the succession is opened, an inventory of the deceased’s inheritance can be made. When an individual dies, he or she leaves an estate. This patrimony generally consists of property, money, claims and debts. According to an established procedure, the entire estate is passed on to the heirs. This …
What Features People Look for in a Vacation Rental House?
Competition in the vacation rental market is increasing year by year. If you want your vacation house to survive amidst this dangerous competition, make sure you are providing almost everything renters are looking for in their ideal vacation house. A Swimming Pool There’s a reason why people use a swimming pool even when the ocean …
Real Estate Loan: Is The Job Loss Insurance Mandatory?
It is common to take out a bank loan when buying a property. This act requires some conditions according to the system of operation of banks. Indeed, the fact of contracting a real estate loan must be carefully thought out. In principle, the beneficiaries must be employees. So, as for the job loss insurance, is …
Subletting: What Are The Risks Incurred By The Principal Tenant?
Subletting is something that most of us aren’t aware of. Usually, when you rent an apartment, you have rights, and your landlord cannot encroach on your privacy. However, the landlord also has rights, and their agreement is sometimes necessary for certain situations! This is precisely the case of what interests us here, namely, subletting. Yes, …
Real Estate Loan For Seniors: What Are The Conditions?
From a legal point of view, there is no legal age limit for taking out a mortgage. If the procedures are easier for active people, it is possible for seniors over 60 to obtain a real estate loan, but under certain conditions. The evolution of the life expectancy of the French (having gained 16 years …