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Summit County, UT Real Estate Lawyers

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Dwayne Arden Vance

Housing & Construction Defects, Estate Planning, Civil Rights, Non-profit
Status:  In Good Standing           Licensed:  30 Years
CONTACT
2700 Homestead Road, Park City, UT 84098
Profile LAWPOINTS™36/100
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Frank David Hegner

Commercial Real Estate, Minerals & Mining, Water, Business
Status:  In Good Standing           Licensed:  36 Years
CONTACT
1389 Center Drive, Park City, UT 84098
Profile LAWPOINTS™34/100
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Robert Allen Saunders

Commercial Real Estate, Traffic, Criminal, Civil Rights
Status:  In Good Standing           
CONTACT
401 Main St, Park City, UT 84060
Profile LAWPOINTS™36/100
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Robert Allen Saunders

Commercial Real Estate, Traffic, Criminal, Civil Rights
Status:  In Good Standing           
CONTACT
401 Main St, Park City, UT 84060
Profile LAWPOINTS™36/100
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Robert A Youngberg

Estate Planning, Non-profit, Commercial Real Estate, Wills
Status:  In Good Standing           Licensed:  48 Years
CONTACT
1389 Center Drive, Park City, UT 84098
Profile LAWPOINTS™24/100
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LEGAL TERMS

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.

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.

FORECLOSURE

The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.

EXPRESS WARRANTY

A guarantee about the quality of goods or services made by a seller, such as 'This item is guaranteed against defects in construction for one year.' Most expres... (more...)
A guarantee about the quality of goods or services made by a seller, such as 'This item is guaranteed against defects in construction for one year.' Most express warranties come directly from the manufacturer or are included in the sales contract. If you want to hold the seller to an oral guarantee, it's best to get it in writing or have witnesses to the guarantee so that it doesn't come down to your word against the seller's if a problem arises.

NULLA BONA

Latin for 'no goods.' This is what the sheriff writes when she can find no property to seize in order to pay off a court judgment.

REAL PROPERTY

Another term for real estate. It includes land and things permanently attached to the land, such as trees, buildings, and stationary mobile homes. Anything that... (more...)
Another term for real estate. It includes land and things permanently attached to the land, such as trees, buildings, and stationary mobile homes. Anything that is not real property is termed personal property.

LIFE TENANT

One who has a life estate in real property.

QUASI-COMMUNITY PROPERTY

A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired togeth... (more...)
A form of property owned by a married couple. If a couple moves to a community property state from a non-community property state, property they acquired together in the non-community property state may be considered quasi-community property. Quasi-community property is treated just like community property when one spouse dies or if the couple divorces.

CONTINGENCY

A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a ... (more...)
A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a contingency in a contract for the purchase of a house might state that if the buyer does not approve the inspection report of the physical condition of the property, the buyer does not have to complete the purchase.

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