Glenelg Real Estate Lawyer, Maryland

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Stephen Cromwell
About | Practice Areas
Cromwell & Associates, LLC
7305 Baltimore Ave Suite 307 College Park, MD 20740» view map
Estate, Tax, and Real Estate Law
Where Every Client Matters

At Cromwell & Associates, our firm is large enough to handle your diverse needs, but small enough to give you the personal attention you deserve.

240-667-7234
1. Stephen Cromwell College Park, MD
  Attorney at Law, MD
  University of Maryland School of Law, J.D. 2019
2. AboutCromwell & Associates, LLC
  Where Every Client Matters
3. Practice AreasExpertise
  Estate Law
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2. Email
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Jeffrey A. Koeppel

Real Estate, Securities, Contract

Status: In Good Standing Licensed: 41 Years

CONTACT

6339 Ten Oaks Road, Clarksville, MD 21029

E Alexander Adams

Real Estate, Estate

Status: In Good Standing Licensed: 50 Years

CONTACT

Glenelg, MD 21737

R Douglas Jones

Real Estate, Litigation, Lawsuit & Dispute, Collection

Status: In Good Standing Licensed: 52 Years

CONTACT

3219 Parliament Pl, West Friendship, MD 21794

Stephanie A Roberts

Business, Commercial Real Estate

Status: In Good Standing Licensed: 31 Years

CONTACT

12235 Heathcliff Court, Ellicott City, MD 21042

Thomas Woodward Seybold

Real Estate, Construction, Land Use & Zoning

Status: In Good Standing Licensed: 29 Years

CONTACT

6030 Daybreak Cir, Clarksville, MD 21029

Kathy Sperling Taub

Construction

Status: In Good Standing Licensed: 44 Years

CONTACT

6109 Swift Current Way, Clarksville, MD 21029

Brian Francis Sweeney

Construction, Business

Status: In Good Standing Licensed: 30 Years

CONTACT

15049 Double Bridges Ct, Glenelg, MD 21737

Sarah Brown Stoller

Real Estate, Banking & Finance, Corporate

Status: In Good Standing Licensed: 21 Years

CONTACT

6339 Ten Oaks Rd, Clarksville, MD 21029

800-923-0641

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LEGAL TERMS

LEASE

An oral or written agreement (a contract) between two people concerning the use by one of the property of the other. A person can lease real estate (such as an ... (more...)

An oral or written agreement (a contract) between two people concerning the use by one of the property of the other. A person can lease real estate (such as an apartment or business property) or personal property (such as a car or a boat). A lease should cover basic issues such as when the lease will begin and end, the rent or other costs, how payments should be made, and any restrictions on the use of the property. The property owner is often called the 'lessor,' and the person using the property is called the 'lessee.'

ESCHEAT

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

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

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.

CO-TENANTS

Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreemen... (more...)

Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreement, which includes paying the entire rent if the other tenant skips town and paying for damage caused by the other tenant.

MARITAL DEDUCTION

A deduction allowed by the federal estate tax laws for all property passed to a surviving spouse who is a U.S. citizen. This deduction (which really functions a... (more...)

A deduction allowed by the federal estate tax laws for all property passed to a surviving spouse who is a U.S. citizen. This deduction (which really functions as an exemption) allows anyone, even a billionaire, to pass his or her entire estate to a surviving spouse without any tax at all.

MECHANIC'S LIEN

A legal claim placed on real estate by someone who is owed money for labor, services or supplies contributed to the property for the purpose of improving it. Ty... (more...)

A legal claim placed on real estate by someone who is owed money for labor, services or supplies contributed to the property for the purpose of improving it. Typical lien claimants are general contractors, subcontractors and suppliers of building materials. A mechanics' lien claimant can sue to have the real estate sold at auction and recover the debt from the proceeds. Because property with a lien on it cannot be easily sold until the lien is satisfied (paid off), owners have a great incentive to pay their bills.

LOAN BROKER

A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and eff... (more...)

A person who specializes in matching home buyers with appropriate mortgage lenders. For a fee--often paid by the lender--a loan broker provides any easy and effective way to find the cheapest mortgage rates.

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.

Glenelg Real Estate Lawyer, Maryland

Sponsored Law Firm

Cromwell & Associates, LLC

SPONSORED LAWYERS

Jeffrey A. Koeppel

E Alexander Adams

R Douglas Jones

Stephanie A Roberts

Thomas Woodward Seybold

Kathy Sperling Taub

Brian Francis Sweeney

Sarah Brown Stoller

TIPS

LEGAL TERMS

LEASE

ESCHEAT

SHORT SALE (OF HOUSE)

UNIFORM TRANSFERS TO MINORS ACT

CO-TENANTS

MARITAL DEDUCTION

MECHANIC'S LIEN

LOAN BROKER

INCIDENTS OF OWNERSHIP

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