| Water Damage -- When a Property Owner Is Liable to a Neighbor |
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| The issue of a property owner's liability for water damage is largely a matter of state law. However, a property owner is not liable for things he or she cannot control. More... |
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| Mortgage Loans with Balloon Payments |
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| A mortgage loan with a balloon payment provision is very different from a traditional mortgage loan. Usually, mortgage loans with balloon payment provisions are second mortgages as opposed to first mortgages (also known as purchase-money mortgages). More... |
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| Intestate Succession |
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| When a person dies with a will, the person is said to have died "testate." If a person dies without a will, the person is said to have died "intestate." In the case of an intestate person, the law of intestate succession governs the distribution of the person's property following the person's death. More... |
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| Mechanic's Liens |
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| A mechanic's lien, also known as a materialman's lien or a construction lien, is a mechanism whereby contractors involved in the process of making improvements to real estate secure payment for their services and materials. More... |
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| The Comprehensive Environmental Response, Compensation, and Liability Act |
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| The Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), which can be found at 42 U.S.C.S. § 9601 et seq., imposes liability on property owners for the cleanup of environmental hazards. Notably, liability accrues under the law even where the property owner was not the cause of the contamination. More... |
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