Alameda Real Estate Lawyer, California, page 2

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Mercedes Salem
About | Practice Areas
Salem Law Group
678 San Benito Ave Menlo Park, CA 94025» view map
Family, Real Estate, Estate, Personal Injury
Where Every Client Matters

Let Salem Law Group handle your legal matter today!

800-951-5041
1. Mercedes Salem Menlo Park, CA
  Attorney at Law- CA
  Santa Clara University, J.D.
2. AboutSalem Law Group
  Where Every Client Matters
3. Practice AreasExpertise
  Divorce & Family
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Peter M. Stanwyck

Construction, Corporate, Franchising, Antitrust

Status: In Good Standing Licensed: 53 Years

CONTACT

311 2Nd St, Oakland, CA 94607

Michael J. Dalton

Real Estate, Estate Planning, Corporate, Business Organization

Status: In Good Standing Licensed: 40 Years

CONTACT

1999 Harrison St, Oakland, CA 94612

Michael Ralph Notaro

Commercial Real Estate, Real Estate, Litigation, White Collar Crime

Status: In Good Standing

CONTACT

2219 Santa Clara Ave, Alameda, CA 94501

Marc Alan Fong

Real Estate, Litigation, Lawsuit & Dispute, Business

Status: In Good Standing Licensed: 46 Years

CONTACT

2161 Harbor Bay Pkwy, Alameda, CA 94502

Paul Hill Mabry

Construction, Dispute Resolution, International, Natural Resources

Status: In Good Standing Licensed: 11 Years

CONTACT

3351 Fernside Blvd, Alameda, CA 94501

Robert Ian Levy

Commercial Real Estate, Litigation, Contract, Credit & Debt

Status: In Good Standing

CONTACT

2100 Embarcadero, Oakland, CA 94606

Alexander Michael Weyand

Real Estate, Litigation

Status: In Good Standing

CONTACT

1000 Marina Village Pkwy, Alameda, CA 94501

James Joel Wesser

Real Estate, International, Gift Taxation, Employee Rights

Status: Inactive Licensed: 35 Years

CONTACT

1001 Marina Village Pkwy, Alameda, CA 94501

Mark Perry Edson

Premises Liability, Reinsurance, Insurance, Personal Injury

Status: In Good Standing

CONTACT

1301 Marina Village Pkwy, Alameda, CA 94501

Eric A. Handler

Construction, Trademark, Corporate, Contract

Status: In Good Standing Licensed: 23 Years

CONTACT

300 Lakeside Dr, Oakland, CA 94612

800-923-0641

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LEGAL TERMS

INCIDENTS OF OWNERSHIP

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to... (more...)

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to receive rent--then legally, no gift has been made. This distinction can be important if you're making large gifts to reduce your eventual estate tax.

MORTGAGE

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender... (more...)

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender can foreclose on the real estate and have it sold to pay off the loan.

DOMINANT TENEMENT

Property that carries a right to use a portion of a neighboring property. For example, property that benefits from a beach access trail across another property ... (more...)

Property that carries a right to use a portion of a neighboring property. For example, property that benefits from a beach access trail across another property is the dominant tenement.

GROSS LEASE

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintena... (more...)

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintenance, taxes and insurance. A gross lease closely resembles the typical residential lease. The tenant may agree to a 'gross lease with stops,' meaning that the tenant will pitch in if the landlord's operating costs rise above a certain level. In real estate lingo, the point when the tenant starts to contribute is called the 'stop level,' because that's where the landlord's share of the costs stops.

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.

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.

SUBSTITUTED SERVICE

A method for the formal delivery of court papers that takes the place of personal service. Personal service means that the papers are placed directly into the h... (more...)

A method for the formal delivery of court papers that takes the place of personal service. Personal service means that the papers are placed directly into the hands of the person to be served. Substituted service, on the other hand, may be accomplished by leaving the documents with a designated agent, with another adult in the recipient's home, with the recipient's manager at work or by posting a notice in a prominent place and then using certified mail to send copies of the documents to the recipient.

ESCHEAT

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

EASEMENT BY PRESCRIPTION

A right to use property, acquired by a long tradition of open and obvious use. For example, if hikers have been using a trail through your backyard for ten year... (more...)

A right to use property, acquired by a long tradition of open and obvious use. For example, if hikers have been using a trail through your backyard for ten years and you've never complained, they probably have an easement by prescription through your yard to the trail.

Alameda Real Estate Lawyer, California, page 2

Sponsored Law Firm

Salem Law Group

SPONSORED LAWYERS

Peter M. Stanwyck

Michael J. Dalton

Michael Ralph Notaro

Marc Alan Fong

Paul Hill Mabry

Robert Ian Levy

Alexander Michael Weyand

James Joel Wesser

Mark Perry Edson

Eric A. Handler

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LEGAL TERMS

INCIDENTS OF OWNERSHIP

MORTGAGE

DOMINANT TENEMENT

GROSS LEASE

BASIS

SHARED EQUITY MORTGAGE

SUBSTITUTED SERVICE

ESCHEAT

EASEMENT BY PRESCRIPTION

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