Chesapeake City Real Estate Lawyer, Maryland

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Doris P. Scott

Land Use & Zoning, Municipal, Estate Planning, DUI-DWI
Status:  In Good Standing           

Charles L. Scott

Construction, Criminal, Corporate, Contract, DUI-DWI
Status:  In Good Standing           

Dwight E Thomey

Real Estate, Trusts, Criminal, Corporate, Wills & Probate
Status:  In Good Standing           

William F Riddle

Real Estate, Traffic, Transportation & Shipping, Bad Faith Insurance
Status:  In Good Standing           Licensed:  31 Years

Douglas R Cain

Personal Injury, Real Estate, Wills & Probate, Trusts
Status:  In Good Standing           

Bruce Douglas Hechmer

Commercial Real Estate, Real Estate
Status:  In Good Standing           Licensed:  31 Years

Jane Elizabeth Cairns Murray

Family Law, Trusts, Land Use & Zoning
Status:  In Good Standing           Licensed:  37 Years

Sharon Clayton Walla

Real Estate, Wills & Probate, Trusts, Estate
Status:  In Good Standing           Licensed:  37 Years

Leonard E Wilson

Land Use & Zoning, Real Estate, Federal Appellate Practice, Government
Status:  In Good Standing           Licensed:  63 Years

Ernest Bryan Sheldon

Commercial Real Estate, Real Estate, Business
Status:  In Good Standing           

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LEGAL TERMS

BASIS

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the pr... (more...)
For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the property, 'adjusted' to reflect improvements made or damage incurred while you own the property. See stepped-up basis, carryover basis.

RENT CONTROL

Laws that limit the amount of rent landlords may charge, and that state when and by how much the rent can be raised. Most rent control laws also require a landl... (more...)
Laws that limit the amount of rent landlords may charge, and that state when and by how much the rent can be raised. Most rent control laws also require a landlord to provide a good reason, such as repeatedly late rent, for evicting a tenant. Rent control exists in some cities and counties in California, Maryland, New Jersey, New York and Washington, D.C.

APPRECIATION

An increase in value. Appreciated property is property that has gone up in value since it was acquired.

PROPERTY

See personal property, real estate, community property, separate property.

HOUSE CLOSING

The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has b... (more...)
The final transfer of the ownership of a house from the seller to the buyer, which occurs after both have met all the terms of their contract and the deed has been recorded.

NONDISCLOSURE AGREEMENT

A legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper a... (more...)
A legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper authorization. Nondisclosure agreements are often used when a business discloses a trade secret to another person or business for such purposes as development, marketing, evaluation or securing financial backing. Although nondisclosure agreements are usually in the form of written contracts, they may also be implied if the context of a business relationship suggests that the parties intended to make an agreement. For example, a business that conducts patent searches for inventors is expected to keep information about the invention secret, even if no written agreement is signed, because the nature of the business is to deal in confidential information.

LIFE TENANT

One who has a life estate in real property.

JUROR

A person who serves on a jury. Lists of potential jurors are obtained from sources such as voter registration rolls and department of motor vehicles' lists. In ... (more...)
A person who serves on a jury. Lists of potential jurors are obtained from sources such as voter registration rolls and department of motor vehicles' lists. In most states, employers are prohibited from discriminating against employees who are called for jury duty--that is, they cannot demote or fire an employee for serving. And a few states require that the employer continue to pay the absent employee. Individuals who are selected to serve on a jury receive from the court a very small fee for their time and sometimes the cost of traveling from home to court.

RIGHT OF SURVIVORSHIP

The right of a surviving joint tenant to take ownership of a deceased joint tenant's share of the property. See joint tenancy.