Cardington Real Estate Lawyer, Ohio, page 3

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David Craig Shade

Estate, Real Estate, Business, Estate Planning
Status:  In Good Standing           Licensed:  51 Years

David William Madden

General Practice
Status:  In Good Standing           Licensed:  12 Years

David William Keller

Real Estate, Government, Estate, Elder Law
Status:  In Good Standing           Licensed:  42 Years

Debra Ann Garverick

Real Estate, Estate, Elder Law, Banking & Finance
Status:  In Good Standing           Licensed:  41 Years

Don John Young

Commercial Real Estate, Construction, Wills, Business & Trade
Status:  In Good Standing           Licensed:  27 Years

Don John Young

Commercial Real Estate, Construction, Wills, Business & Trade
Status:  In Good Standing           Licensed:  27 Years

Donald Keith Wick

Other, Real Estate, Estate, Divorce & Family Law, Criminal
Status:  In Good Standing           Licensed:  42 Years

Douglas Edward Ebert

Commercial Real Estate, Federal Appellate Practice, Estate Planning, Elder Law
Status:  In Good Standing           Licensed:  49 Years

Edward Francis Flahive

Real Estate, Federal Appellate Practice, Elder Law, Banking & Finance
Status:  In Good Standing           Licensed:  47 Years

Elizabeth Ann Miceli

Real Estate, Estate, Family Law, Corporate
Status:  In Good Standing           Licensed:  20 Years

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LEGAL TERMS

LEGACY

An outdated legal word meaning personal property left by a will. The more common term for this type of property is bequest. Compare devise.

MULTIPLE LISTING SERVICE (MLS)

A computer-based service that provides real estate professionals with detailed listings of most homes currently on the market. Much of the information can now b... (more...)
A computer-based service that provides real estate professionals with detailed listings of most homes currently on the market. Much of the information can now be obtained by the public through websites like www.realtor.com.

PROPERTY

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

NONCOMPETITION AGREEMENT

An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party ... (more...)
An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party for a specific period of time and within a particular area. Salespeople, for example, often sign noncompetition agreements that prevent them from using the contacts gained by one employer to benefit another employer. Or a salesperson may sign what is known as a 'noncompete,' agreeing not to sell within a particular area, or even work in the same type of business. In some states, such as California, courts view noncompetition agreements with disfavor and will not enforce them unless the restrictions are very narrow. In other states, courts routinely uphold them.

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.

VESTED REMAINDER

An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will ... (more...)
An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will leaves her house to her daughter, but the daughter gains possession only after Julie's husband dies, the daughter has a vested remainder in the house.

FINDER'S FEE

A fee charged by real estate brokers and apartment-finding services in exchange for locating a rental property. These fees are permitted by law. Some landlords,... (more...)
A fee charged by real estate brokers and apartment-finding services in exchange for locating a rental property. These fees are permitted by law. Some landlords, however, charge finder's fees merely for renting a place. This type of charge is not legitimate and, in some areas, is specifically declared illegal.

CONSIDERATION

The basis of a contract. Consideration is a benefit or right for which the parties to a contract must bargain; the contract is founded on an exchange of one for... (more...)
The basis of a contract. Consideration is a benefit or right for which the parties to a contract must bargain; the contract is founded on an exchange of one form of consideration for another. Consideration may be a promise to perform a certain act -- for example, a promise to fix a leaky roof -- or a promise not to do something, such as build a second story on a house that will block the neighbor's view. Whatever its particulars, consideration must be something of value to the people who are making the contract.

LIQUID ASSETS

Business property that can be quickly and easily converted into cash, such as stock, bank accounts and accounts receivable.

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