A selection of RI real estate articles authored by a Rhode Island real estate lawyer. These RI law articles are both in depth and informative.
This real estate law legal post is authored by an East Providence real estate lawyer concerning RI Real Property and Title laws. This comprehensive blog post explains what exactly title insurance covers. A person’s home may be their largest and most important investment. An owner of real estate needs to protect that asset and enjoy the many benefits of home ownership in Rhode Island. A Homeowner’s title insurance policy constitutes such protection. The owner’s title policy insures against loss or damages sustained by the owner by reason of historical discrepancies such as forgery, undisclosed but recorded prior mortgages, fraud, bankruptcies, liens or divorces, deeds not correctly recorded, missing wills or heirs, and inadequate and incorrect real property descriptions.
This law article by a Rhode island partition lawyer explains how a person who co-owns real estate with another person, persons or entity can force a sale of the property and obtain an equitable share of the proceeds. A person who owns property as joint tenants, tenants in common or has a life estate who no longer wants to own real estate with another person, LLC, trust, partnership or other entity can force a sale of the property in Rhode Island Superior Court.
RI real estate law FAQS concerning title insurance, RI and MA residential real property closings, surveys, appraisals etc. This legal post was authored by an East providence Attorney. A real estate title attorney should perform a RI or Mass. residential or commercial real estate closing to answer pertinent and relevant law related queries and to resolve contentious disputes. Most finance companies, banks, credit unions and lenders require a closing real estate lawyer at all residential and commercial real estate closings.
Citations and Resources for real estate law:
Title Insurance Litigation Committee: I Didn’t Know There Was One! Squire, Ryan C; Parker, Steven R. The Brief45.1 (Fall 2015): 6-7. http://search.proquest.com/openview/dd4e138ac93b2c82d070eb06d9087dea/1?pq-origsite=gscholar
” § 34-15-16 Order of sale. – In an action for partition, the superior court may, in its discretion, upon motion of any party to the action, order the whole premises sought to be divided, or any particular lot, portion, or tract thereof or the interest of the plaintiff or plaintiffs or of the defendant or defendants in the whole premises, or in any particular lot, portion, or tract thereof, to be sold, either at public auction or by private contract, under the direction of the court, by the commissioner or commissioners appointed to divide or sell the same; provided, that if the sale is made by private contract, it shall not be made for less than the sum fixed by the court in its decree authorizing the sale by private contract.” TITLE 34
Property CHAPTER 34-15 Partition SECTION 34-15-16 http://webserver.rilin.state.ri.us/Statutes/TITLE34/34-15/34-15-16.HTM