Cumberland Real Estate Lawyer, Maryland, page 2

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James Paul Donahue

Real Estate, Divorce & Family Law, Criminal
Status:  In Good Standing           Licensed:  45 Years

Tara L Kellermeyer

General Practice
Status:  In Good Standing           Licensed:  20 Years

Jeffrey Schuyler Getty

Real Estate, Federal Appellate Practice, State Government, Government
Status:  In Good Standing           

Glenn J. Robinette

Real Estate, Insurance, Collection, Wills & Probate
Status:  In Good Standing           

Robert S Paye

Real Estate, Government, Administrative Law, Business, Commercial Real Estate
Status:  In Good Standing           

Gregory H Getty

Real Estate, Federal Appellate Practice, Government, Trusts
Status:  In Good Standing           

Michael Andrew Llewellyn

Other, Landlord-Tenant, Estate, Family Law
Status:  In Good Standing           

James Matthew Gilmore

Real Estate, Lawsuit & Dispute, Health Care, Life & Health
Status:  In Good Standing           

John J Mcmullen

Real Estate, Wills & Probate, Estate Planning, Guardianships & Conservatorships
Status:  In Good Standing           

Michael Eugene Taccino

Landlord-Tenant, Traffic, Federal Appellate Practice
Status:  In Good Standing           Licensed:  16 Years

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

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.

COMMERCIAL FRUSTRATION

An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can bre... (more...)
An unforeseen and uncontrollable event that excuses a party to a contract from performing his or her duties under that contract. For example, a landlord can break a lease if the property she agreed to rent accidentally burns down before the tenants move in.

PRIVATE MORTGAGE INSURANCE (PMI)

Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortga... (more...)
Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortgage plus the costs of the sale). A home buyer who makes less than a 20% down payment may have to purchase PMI.

UNIFORM TRANSFERS TO MINORS ACT

A statute, adopted by almost all states, that provides a method for transferring property to minors and arranging for an adult to manage it until the child is o... (more...)
A statute, adopted by almost all states, that provides a method for transferring property to minors and arranging for an adult to manage it until the child is old enough to receive it. See custodian.

LANDLORD

The owner of any real estate, such as a house, apartment building or land, that is leased or rented to another person, called the tenant.

ELECTRONIC SIGNATURE

A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'k... (more...)
A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'key' to encrypt (scramble) information that uniquely identifies the signer using a method called Public Key Infrastructure (PKI). Electronic signatures are as binding as those in ink.

LIQUID ASSETS

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

DOWN PAYMENT

A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the... (more...)
A lump sum cash payment paid by a buyer when he or she purchases a major piece of property, such as a car or house. The buyer typically takes out a loan for the balance remaining, and pays it off in monthly installments over time.

FORFEITURE

The loss of property or a privilege due to breaking a law. For example, a landlord may forfeit his or her property to the federal or state government if the lan... (more...)
The loss of property or a privilege due to breaking a law. For example, a landlord may forfeit his or her property to the federal or state government if the landlord knows it is a drug-dealing site but fails to stop the illegal activity. Or, you may have to forfeit your driver's license if you commit too many moving violations or are convicted of driving under the influence of alcohol or drugs.