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. Slepkow Slepkow and Associates Inc. has been a leader in Rhode Island real estate (commercial and residential) transactions for 90 years.
Rhode Island Real Estate Lawyer authored articles:
Title Insurance In RI – What is actually covered And Should I Get It?
This Rhode Island real estate law legal post is authored by an East Providence real estate lawyer concerning RI Real Property, Rhode Island real estate and Title laws. This comprehensive Rhode Island real estate 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.
Forced Sale Of Real Estate ( aka “partition”) in Rhode Island and Providence Plantations With Family Member, Business Partner and Significant Others-
This RI real estate 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.
Rhode Island Real Estate Law -Residential Closings & Title Attorneys
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. A real estate law lawyer should be in attendance at a Rhode Island or Massachusetts real property closing to answer legal questions and to resolve disputes. Most lenders require the presence of a closing attorney at all real estate closings. At SS&A, all residential and commercial closings are always performed and conducted by a licensed and highly experienced real estate transactions lawyer. Pursuant to RI law, the real estate buyer has the right to choose the lawyers to search title to the RI real estate. A purchaser of real estate in Rhode Island should always insist on an experience property lawyer instead of a title company to perform a title search
Citations and Resources for real estate law:
” § 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