by kramoltz@hotmail.com | Nov 12, 2018 | Home Ownership
Typically, married couples in Arizona hold title as community property with right of survivorship. Following the death of one of the spouses, title will automatically pass to the surviving spouse, avoiding the necessity of a probate. An alternative is to place the...
by kramoltz@hotmail.com | Oct 24, 2018 | Home Ownership, Real Estate Facts & Figures
Arizona’s homestead exemption allows a person to protect from certain creditors up to $150,000 of the equity in the home they live in (house, condominium, or mobile home). It applies only to non-consensual liens. A non-consensual lien is one which arises from a...
by kramoltz@hotmail.com | Oct 19, 2018 | Home Ownership, The Attorney-Broker Advantage
Recently I read a letter from a Canadian that owns a home in Arizona about a construction defect. The letter was in a magazine catering to Snowbirds, and the writer was complaining because he had been told that due to Arizona’s real property tax classifications,...
by kramoltz@hotmail.com | Oct 2, 2018 | Home Ownership
Santa Fe/Pueblo. Flat roofs, parapet walls with round edges, straight-edge window frames, earth-colored stucco or adobe-brick walls, and projecting roof beams (vigas) typify the Pueblo style. Ranch. A development of the Prairie and Craftsman styles, Ranch homes are...
by kramoltz@hotmail.com | Sep 28, 2018 | Home Ownership
Liability Issues. If the benefitted land owner plans construction on the property subject to the easement, the easement should require the benefitted party to indemnify and hold the other owner harmless from any liability resulting from the work. The benefitted party...
