Phoenix Real Estate Lawyer, Arizona, page 5

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Matthew H. Sloan

Construction, Corporate, Housing & Construction Defects, Litigation
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Roger K. Spencer

Commercial Real Estate, Foreclosure, Real Estate, Construction
Status:  In Good Standing           Licensed:  44 Years

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Premises Liability, Bad Faith Insurance, Wrongful Death, Professional Malpractice
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Construction, Corporate, Business Organization, Banking & Finance
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Shanks Leonhardt

Education, Construction, Entertainment, Corporate
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Jasmina Richter

Tax, Construction, Elder Law
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Brian Stanley

Business, Real Estate, Estate, Wills & Probate
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William F. Haug

Construction, Mediation, Arbitration, Banking & Finance
Status:  In Good Standing           Licensed:  64 Years

Mark J. Bainbridge

Construction, Real Estate, Corporate, Non-profit
Status:  In Good Standing           Licensed:  16 Years

David Lee Allen

Real Estate, Lawsuit, Criminal, Corporate
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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.

DEED IN LIEU (OF FORECLOSURE)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept... (more...)
A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the lender won't agree to accept the property, the homeowner can prepare a quitclaim deed that unilaterally transfers the homeowner's property rights to the lender.

ASSIGNMENT

A transfer of property rights from one person to another, called the assignee.

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.

CONSTRUCTIVE EVICTION

When a landlord provides housing that is so substandard that a landlord has legally evicted the tenant. For example, if the landlord refuses to provide heat or ... (more...)
When a landlord provides housing that is so substandard that a landlord has legally evicted the tenant. For example, if the landlord refuses to provide heat or water or refuses to clean up an environmental health hazard, the tenant has the right to move out and stop paying rent, without incurring legal liability for breaking the lease.

SEVERANCE PAY

Funds, usually amounting to one or two months' salary, frequently offered by employers to workers who are laid off. No law compels employers to provide severanc... (more...)
Funds, usually amounting to one or two months' salary, frequently offered by employers to workers who are laid off. No law compels employers to provide severance pay, although the employer may be legally obligated to do so if it was promised in a contract or employees' handbook.

INDEPENDENT CONTRACTOR

A legal category of worker defined by the Internal Revenue Service. The key to the definition is that, unlike employees, independent contractors retain control ... (more...)
A legal category of worker defined by the Internal Revenue Service. The key to the definition is that, unlike employees, independent contractors retain control over how the work they are hired to do gets done; the person or company paying the independent contractor controls only the outcome--the product or service.

ADVERSE POSSESSION

A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usua... (more...)
A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usually include continuous and open use for a period of five or more years and paying taxes on the property in question.

BEQUEST

The legal term for personal property (anything but real estate) left in a will.