Glenolden Real Estate Lawyer, Pennsylvania

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Vince Martini

Corporate, Estate Planning, Real Estate
Status:  In Good Standing           

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Evan D. Prochniak

Other, Real Estate, Securities, Corporate
Status:  In Good Standing           

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Alfred V. Altopiedi

Real Estate, Lawsuit & Dispute, Medical Malpractice, Accident & Injury
Status:  In Good Standing           Licensed:  41 Years

FREE CONSULTATION 

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Ejaz Sabir

Immigration, Civil & Human Rights, Real Estate, Business
Status:  In Good Standing           Licensed:  21 Years

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Linda Anderson

Commercial Real Estate, Medicare & Medicaid, Trusts, Elder Law
Status:  In Good Standing           

Adam Seth Mariano

Real Estate, International, Intellectual Property, Public Law
Status:  In Good Standing           Licensed:  14 Years

William Anthony Galinas

Juvenile Law, Landlord-Tenant, Wills & Probate, Divorce & Family Law, Criminal
Status:  In Good Standing           Licensed:  16 Years

Jay C. Scheinfield

Bankruptcy & Debt, Real Estate, Business, Estate, Power of Attorney
Status:  In Good Standing           Licensed:  48 Years

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LEGAL TERMS

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.

COVENANT

A restriction on the use of real estate that governs its use, such as a requirement that the property will be used only for residential purposes. Covenants are ... (more...)
A restriction on the use of real estate that governs its use, such as a requirement that the property will be used only for residential purposes. Covenants are found in deeds or in documents that bind everyone who owns land in a particular development. See covenants, conditions and restrictions.

INVEST

(1) To formally grant power or authority to someone. For example, when the President of the United States is inaugurated, he is invested with all the powers of ... (more...)
(1) To formally grant power or authority to someone. For example, when the President of the United States is inaugurated, he is invested with all the powers of that office. (2) To contribute money to a business venture, or to buy property or securities, with the intention and expectation of making a profit.

SEVERABILITY CLAUSE

A provision in a contract that preserves the rest of the contract if a portion of it is invalidated by a court. Without a severability clause, a decision by the... (more...)
A provision in a contract that preserves the rest of the contract if a portion of it is invalidated by a court. Without a severability clause, a decision by the court finding one part of the contract unenforceable would invalidate the entire document.

QUANTUM MERUIT

The reasonable value of services provided, which a winning party may be able to recover from an opponent who broke a contract.

NET LEASE

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)
A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.

DEBENTURE

A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific p... (more...)
A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific piece of property. Repayment of a debenture is guaranteed only by the general credit of the issuer. For example, a corporation may issue a secured bond that gives the bondholder a lien on the corporation's factory. But if it issues a debenture, the loan is not secured by any property at all. When a corporation issues debentures, the holders are considered creditors of the corporation and are entitled to payment before shareholders if the business folds.

APPRAISER

A person who is hired to determine the current value of real estate or other property.

ESCHEAT

The forfeit of all property to the state when a person dies without heirs.