When Sellers Conceal Defects Discovering defects in a newly purchased home can be a frustrating and costly experience for any buyer. In Ohio, buyers carry a significant responsibility to inspect the property thoroughly before finalizing the purchase, which can complicate matters if defects are later discovered. When faced with concealed defects,...
Should I Add Someone to My Deed? Deeds are the most frequently utilized real estate tool that is essential to every purchase and sale of real property. A Deed is a physical legal document, which transfers ownership of real property from one person or entity to another. A deed can also be utilized...
What is a Land Contract? A land contract is a form of seller financing for a real estate purchase. Similar to a lease, the buyer makes monthly payments to the seller to be credited toward the purchase price. Unlike a lease, the buyer is responsible for maintenance and repairs on the property....
Can I Get Out of My Real Estate Purchase Contract? By: Yonas & Phillabaum, LLC, Attorneys at Law Disclosure: This does not constitute legal advice nor an attorney-client relationship and is subject to current Ohio law. A real estate purchase contract constitutes a binding and enforceable agreement between the parties. This agreement...