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The Real Meaning of “As Is” in Real Estate Transactions
There has never been a phrase that has more connotations than the phrase “as is.” While many people believe that they understand what it means in the context of real estate transactions, often they are left wondering why their interpretation of the phrase is different than what is actually applied during a residential real estate transaction.
Buying and Selling in the Age of Coronavirus
Certainly, everyone has been drastically affected by the COVID-19 crisis. Although we are all trying to work through this unprecedented event, everyone should take solace in the fact that we will get through it, and more importantly, we will find new and innovative ways for us to do business after the pandemic is over.
COVID-19 Update
At Abdou Law, we are committed to the well-being of our employees, clients, and the public-at-large. We believe strongly about our role as citizens of this great nation committed to the greater good. This is especially true in these trying times as the United States and the world is currently facing the Coronavirus (Covid-19) pandemic that started in China and now has spread around the world, including the United States and New Jersey.
Last Will & Testament 101
Mortality. The issue of mortality is a very difficult matter for most individuals. This is especially true when people have to consider mortality when choosing to have a Last Will and Testament prepared.
PARKING LOT ACCIDENTS
When there is an accident in a parking lot, it is very tempting to exchange information with the other driver, move the vehicles, and not report the accident…
What You Should Do When You Slip & Fall?
If you fall, and are injured, you should not rush to get up. Stay where you are, and request help immediately.
What is the “Verbal Threshold” (or “Lawsuit Threshold” or “Limitation to Sue”)
And How Can Someone Injured in a Motor Vehicle Accident “Pierce” the Verbal Threshold to Obtain Non-Economic Damages for Pain and Suffering? Depending on the automobile-insurance policy that you select, if you look at your policy’s Declaration’s Page, you may see a...
Title Insurance Demystified
If you are about to purchase a home, or if you have ever purchased a home, you have undoubtedly been introduced to the concept of title insurance. Essentially, title insurance serves to make sure that there are no title defects, judgments, and/or liens against the property. While it is undeniable that title insurance is crucial and required when you purchase a home, the way it works is somewhat different than any other insurance you may have ever purchased.
Attorney Review New Jersey
It is a common myth that attorney review is limited to three (3) days. While, it is our practice to attempt to wrap up attorney review within this three (3) day period, we believe it is more important that the terms of the Contract be adjusted to properly serve our specific client before we deem attorney review concluded and subsequently labeling the transaction to be “under contract”.
Accessing the Judicial System with Reasonable Attorney Fee Arrangements
Ultimately, the time and money required to pursue one’s legal rights causes many to rethink if it’s worth pursuing it at all.
While there are many explanations for why there are less cases filed in state courts, the one thing that we keep finding over and over again is that many of our clients have real measurable disputes that represent significant damages…
Benefits of the Bargain?
The New Jersey Supreme Court decision in Haines v. Taft (A-13/14-17) (079600) has now completely limited New Jersey residents’ ability to recover medical expenses that exceed what is indicated in their available Personal Injury Protection (PIP) coverage. In New Jersey, PIP covers your medical bills if you are injured in an accident. It is important to know that PIP pays your own medical expenses no matter who is at fault for the accident. That is why it is sometimes called ‘no-fault’ coverage.
Auto Insurance Commercials can be No Laughing Matter if You Don’t Know Better
Yes, you could be laughing at the hysterical commercial, think the mascot is cute, or enjoy seeing a personality or band that you love in a fun advertisement for auto insurance, but if you do not know the intricacies of choosing the correct coverages in your auto insurance policy, you can be crying in the end.
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What The Fed’s May Rate Hike Means For Housing | Bankrate
www.bankrate.com
The Federal Reserve's war against inflation has resulted in 10 consecutive rate hikes. Here's how it all affects the housing market.
Real Estate Q&A: How long does it take to normally close on the house? - Abdou Law
www.abdoulaw.com
This spring, we are sharing common questions that we receive from clients regarding real estate transactions. From transaction timelines to deposits, be sure to read our Q&A series on real estate matt...
Rent or buy? Here's how to make that decision in the current real estate market
www.cnbc.com
Deciding whether to rent or buy has never been simple, and this housing market isn’t making it any easier. Here's how to determine what makes sense for you.