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Residential Real Estate Contracts

When buying or selling real estate, a contract must be drawn up between the buyer and the seller. In order to satisfy the requirements of the Statute of Frauds, the contract must be in writing and signed by the parties. Ordinarily, the contract consists of a blank form that is provided by the seller's broker, but an attorney may also draw up the contract. Other times, the seller will draft the contract himself or herself. The responsibility for drafting the contract may vary from one location to the next, depending on local custom and statutes.

Mold in the Home - Overview

Molds may cause a wide range of health problems. If a person is sensitive, he or she may experience some type of allergic reaction if mold is touched or inhaled.

Usufruct

The meaning of the term "usufruct" is the right of enjoying a thing, the property of which is vested in another, and to draw from the same all the profit, utility, and advantage that it may produce, provided it be without altering the substance of the thing. The person who has the right and enjoyment of a usufruct is known as a "usufructuary."

Manufactured Homes

In years past, manufactured homes were referred to as "mobile homes," and, in fact, many people continue to refer to manufactured homes as such today. In the year 1980, the United States Congress adopted the phrase "manufactured homes" to describe a type of factory-built home that was required to conform to certain standards developed by the United States Department of Housing and Urban Development (HUD).

Prohibition of Discrimination in the Sale or Rental of Real Estate

The Fair Housing Act, which can be found at 42 U.S.C.S. § 3601 et seq., prohibits discrimination in the sale or rental of real estate on certain enumerated bases.


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