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Help Real Estate Law Question....?
Seller And Purchaser Enter Into A Contract For The Sale And Purchase Of Real Property For A Price Of $175,000. The Property Has A Value Of $190,000. The Purchaser Fails To Perform.What Is The Amount Of Money Damages To Be Awarded To The Seller? What Is The Amount Of Money Damages Owned To The Purchaser If The Seller Fails To Perform?
Are you asking what the law says or what would actually happen. For the law it would be costs of either party and the deposit in the buyer failed to perform. In theory they could get the value of the contract (not the appraised value) or possible the appraised value minus actual value for the buyer, but in actual practice it would never happen. This really may not help if this is a textbook question (since I'm kinda vague here) but its an annoying question more interested in what the law kinda says than in reality.
For what would actually happen is they'd probably bicker back and forth for awhile calling each other nasty names and questioning whether one or the other was sired by dogs, or worse. One or both would get lawyers who would send legalistic but vague letters back and forth. They'd both threaten the closing agent with terrible penalties if they released the deposit to either one of them but eventually they'd probably settle for splitting the deposit in some way to mollify them both (anywhere from buyer gets it all to seller gets it all but rarely would I expect more than the deposit to be agreed upon).
How Do I Go About Temporary Guardianship?
I Am A Full Time College Student Who Just Graduated With My First Degree And I Am A Single Parent With Two Boys. My Oldest Is 3 Going On 4 And My Youngest Is 1. I Do Work Part Time, But Is Not Enough To Take Care Of My Little Family. My Mother Wants Full Custody Of My Boys But I Am Just Afraid That If I Give Her Full Custody Of My Boys She Will Cut Off All Relationship With Me And My Boys. I Do Feel That I Can Take Care And Raise My Boys To Be Good Men In The Future, But As Of Right Now I Don'T Have What It Takes To Raise Them. My Degree Is Only A Undergrad Degree And As Of Right Now I Am Looking To Transfer To A University. Once I Am Finished With School And Get A Really Good Job I Will Then Be Ready And Excited To Raise My Boys How I Want To Raise Them. So Until Then I Will Not Give My Mother Full Custody But I Am Looking To Give Her Temporary Guardianship.
Guardianship is a relatively easy procedure. You can get the forms at probate court and fill them out. Your mother takes them in to probate court and files them. They have a hearing and if the guardianship is not contested then they will grant it. It doesn't affect your parental rights but it gives you mother 'custody' in that she can make all medical/educational decisions for the children.
That said, think long and hard about this. Temporary guardianship is for 6 months. At the end of that term, your mother can file for permanent guardianship. That's very similar to custody. Even though you would still have parental rights, she would have 'care and custody' of the children. And she would legally be able to cut off contact with you. That you're fearful she might do that should be a clue that she probably would, as soon as she is legally able to. Also, the only way to dissolve permanent guardianship would be for you to go back into probate court and file to have a hearing. You couldn't just show up and claim your children. The burden of proof would be on you to show that the children would be better off with you. And if they had been with your mother for a couple of years the court would look at the emotional impact of removing them from your mother's care and might deny your request to dissolve the guardianship. Think carefully before you do this. It might be better to work full time to support yourself and your children and go to school part time rather than give your mother guardianship.
Would A Lawyer Practicing Family Law Like To Be Surveyed For A College Paper?
I Am A 20 Year Old College Student And Need To Interview A Lawyer Practicing Either Family Law Or Workers Compensation. The Research Paper I Am Conducting Describes My Dream Job As A Lawyer In Either Two Categories And Needs An Interview To Be Concluded. If You Can Help Me Out, We Can Conduct This Interview In Person, Over Email Or Even Instant Messaging. Thank You So Much.
I can spare 15 minutes (e-mail). I practiced family law, but now in another branch
Top Law Firms For Family Lawyers.?
All I See Is Top Law Firms For Corporate, Tax, Health Lawyers, But What About Family Lawyers?
They tend to work in smaller practices or solo. It's not really a kind of law that lends itself to bringing in clients and keeping them long term, like corporate or tax law.
Divorce Form Question?
If We Are Filing For A Joint Petitioned Divorce And Have No Property, Kids, Or Anything Together, Then Why Do We Need To Fill Out A Finiancial Disclosure Form Showing Out Incomes?
The form says it all DISCLOSURE........... You both must disclose everything. So if there are any surprises that your spouse does not know about.
IF you don't have anything to hide than fill out the paperwork, and be done with it.. It is all technical and this form must be submitted if you want the divorce.
Best of Luck
Do I Owe To A Real Estate Lawyer If My Home Buying Did Not Occur?
My Offer For Buying A House Was Accepted But The Seller Refused The 2Nd Extension. So, I Got My Deposit Back. My Real Estate Lawyer Sent Me A Bill – A Little Less Than $1000.
Should I Pay This Bill? We Did Not Have Any Agreement
One of the basic real estate rules (legal) is that anyone who wants to get paid should have it in writing. If you truly did not sign any employment agreement with this lawyer, it will be hard for the lawyer to insist that you owe him/her any money. It is slightly possible that your agreement with your agent (buyer-broker agreement) might have obligated you to this attorney. If so, you might get out of paying by saying you did not have any options except this one attorney.
Or you could call the attorney and ask if he/she will take $200. His/her response will tell you the legal reason why the attorney thinks you owe $1,000.