Townshend Land Use & Zoning Lawyer, Vermont

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Fred V. Peet
About | Practice Areas
Law Office of Fred V. Peet
55 Patchen Rd South Burlington, VT 05403» view map
Real Estate Law
Vermont’s Real Estate Law Source

The Law Offices of Fred V. Peet, P.C. concentrates its practice on residential and commercial real estate transactions.

800-960-0161
1. Fred V. Peet South Burlington, VT
  Attorney at Law - VT, 1993
  Vermont Law School J.D. 1993
2. AboutLaw Office of Fred V. Peet
  Vermont’s Real Estate Law Source
3. Practice AreasExpertise
  Real Estate Law
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Herbert G. Ogden

Land Use & Zoning, Litigation, Lawsuit & Dispute, Employment

Status: In Good Standing

CONTACT

12 North Main St, Danby, VT 05739

Jay A. Kenlan

Land Use & Zoning, Environmental Law Other, Business Organization, Real Estate Other

Status: In Good Standing

CONTACT

71 Allen St, Rutland, VT 05702

800-923-0641

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LEGAL TERMS

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.

DIVIDEND

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash,... (more...)

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash, though they may also be paid in the form of additional shares of stock or other property. The amount of a dividend is established by the corporation's board of directors; however, state laws often restrict a corporation's ability to declare dividends by requiring a minimum level of profits or assets before the dividend can be approved.

OFFER

A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some... (more...)

A proposal to enter into an agreement with another person. An offer must express the intent of the person making the offer to form a contract, must contain some essential terms--including the price and subject matter of the contract--and must be communicated by the person making the offer. A legally valid acceptance of the offer will create a binding contract.

DONATION

A gift of property. The IRS allows you to take an income tax deduction for the value of donations made to charitable organizations who are recognized as such by... (more...)

A gift of property. The IRS allows you to take an income tax deduction for the value of donations made to charitable organizations who are recognized as such by the IRS.

SECURITY DEPOSIT

A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. If the tenant damages the property or le... (more...)

A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. If the tenant damages the property or leaves owing rent, the landlord can use the security deposit to cover what the tenant owes.

ESTATE

Generally, all the property you own when you die.

SUBLEASE

A rental agreement or lease between a tenant and a new tenant (called a sublessee) who will either share the rental or take over from the first tenant. The subl... (more...)

A rental agreement or lease between a tenant and a new tenant (called a sublessee) who will either share the rental or take over from the first tenant. The sublessee pays rent directly to the tenant. The tenant is still completely responsible to the landlord for the rent and for any damage, including that caused by the sublessee. Most landlords prohibit subleases unless they have given prior written consent. Compare assignment.

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.

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.

Townshend Land Use & Zoning Lawyer, Vermont

Sponsored Law Firm

Law Office of Fred V. Peet

SPONSORED LAWYERS

Herbert G. Ogden

Jay A. Kenlan

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LEGAL TERMS

LANDLORD

DIVIDEND

OFFER

DONATION

SECURITY DEPOSIT

ESTATE

SUBLEASE

MECHANIC'S LIEN

FORFEITURE

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