Vernon Rockville Foreclosure Lawyer, Connecticut

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Michael James Caron

Litigation, Foreclosure, Landlord-Tenant, Commercial Real Estate
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Christopher H. McCormick

Foreclosure, Real Estate, Wills & Probate, Bankruptcy
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Foreclosure, Commercial Real Estate
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Lawrence Michael Garfinkel

Real Estate, Foreclosure, Landlord-Tenant, Residential Real Estate
Status:  In Good Standing           Licensed:  34 Years

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

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LEGAL TERMS

SETBACK

The distance between a property boundary and a building. A minimum setback is usually required by law.

APPRECIATION

An increase in value. Appreciated property is property that has gone up in value since it was acquired.

RENT CONTROL

Laws that limit the amount of rent landlords may charge, and that state when and by how much the rent can be raised. Most rent control laws also require a landl... (more...)
Laws that limit the amount of rent landlords may charge, and that state when and by how much the rent can be raised. Most rent control laws also require a landlord to provide a good reason, such as repeatedly late rent, for evicting a tenant. Rent control exists in some cities and counties in California, Maryland, New Jersey, New York and Washington, D.C.

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.

APPRAISER

A person who is hired to determine the current value of real estate or other property.

LICENSE (OF INVENTION, COPYRIGHT OR TRADEMARK)

A contract giving written permission to use an invention, creative work or trademark. A license provides a way to make money from your invention or creative wor... (more...)
A contract giving written permission to use an invention, creative work or trademark. A license provides a way to make money from your invention or creative work without having to manufacture and sell copies yourself. By licensing an invention or work to a company, you get money (often in the form of royalties) in return for allowing the company to use, produce and sell copies of your invention or work in the marketplace.

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)
A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

SHARED EQUITY MORTGAGE

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the... (more...)
A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the lender is entitled to a portion of the proceeds.

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.

SAMPLE LEGAL CASES

DREAMBUILDERS CONST., INC. v. Diamond

... The defendant, Emalie Diamond, appeals from the judgment of strict foreclosure rendered in favor of the plaintiff, Dreambuilders Construction, Inc. ... The court found that the plaintiff was owed $36,000 for labor and materials and rendered judgment of strict foreclosure. ...

Chase Home Finance, LLC v. Fequiere

... The defendant, Germanie Fequiere, appeals from the judgment of strict foreclosure rendered by the trial court following the denial of her motion to dismiss, for lack of subject matter jurisdiction, this foreclosure action brought by the substitute plaintiff, US Bank National Association ...

City of New Haven v. GOD'S CORNER CHURCH

... FLYNN, CJ, DiPENTIMA and ROBINSON, Js. DiPENTIMA, J. The defendant in this foreclosure action, God's Corner Church, Inc., [1] appeals from the judgment of the trial court dismissing its motion to determine the debt owed to the plaintiff, the city of New Haven. ...

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