Mogadore Real Estate Lawyer, Ohio, page 2

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Danielle Halachoff Frye

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

Sidney Neisser Freeman

Commercial Real Estate, Civil Rights, Bankruptcy
Status:  In Good Standing           Licensed:  47 Years

Dennis Joseph Bartek

Education, Landlord-Tenant, Motor Vehicle, Dispute Resolution, Car Accident
Status:  In Good Standing           Licensed:  53 Years

Donald Kent Pond

Commercial Real Estate, Real Estate, Criminal, Corporate
Status:  In Good Standing           Licensed:  27 Years

Timothy James Killian

Real Estate, Estate Planning, Estate, Corporate
Status:  In Good Standing           Licensed:  48 Years

Robert Daniel Maguire

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

Jacqueline Christine Mahland

Commercial Real Estate, Trusts, Estate Planning, Elder Law
Status:  In Good Standing           Licensed:  10 Years

Walter Raymond Lawrence

Real Estate, Federal Appellate Practice, Family Law, Elder Law
Status:  In Good Standing           Licensed:  40 Years

John Charles Ragner

Real Estate, Lawsuit & Dispute, Divorce & Family Law
Status:  In Good Standing           Licensed:  22 Years

Bruce John Hendricks

Real Estate, Intellectual Property, Business
Status:  In Good Standing           Licensed:  43 Years

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LEGAL TERMS

ESCHEAT

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

QUITCLAIM DEED

A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transfer... (more...)
A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transferred, however. For example, a divorcing husband may quitclaim his interest in certain real estate to his ex-wife, officially giving up any legal interest in the property. Compare grant deed.

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.

OFFENSIVE COLLATERAL ESTOPPEL

A doctrine that prevents a defendant from re-litigating an issue after it has been lost. For example, if your neighbor sues you for putting up a fence on his la... (more...)
A doctrine that prevents a defendant from re-litigating an issue after it has been lost. For example, if your neighbor sues you for putting up a fence on his land and the court rules that your fence extends beyond your property line, you can't later file your own lawsuit seeking a declaration that the property line is incorrectly drawn.

HOMESTEAD DECLARATION

A form filed with the county recorder's office to put on record your right to a homestead exemption. In most states, the homestead exemption is automatic--that ... (more...)
A form filed with the county recorder's office to put on record your right to a homestead exemption. In most states, the homestead exemption is automatic--that is, you are not required to record a homestead declaration in order to claim the homestead exemption. A few states do require such a recording, however.

ASYLUM

A legal status granted to an individual who is in the United States and fears political persecution if he or she is forced to return to their home country.

SHARED EQUITY MORTGAGE

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the... (more...)
A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the lender is entitled to a portion of the proceeds.

APPRAISER

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