by kramoltz@hotmail.com | Dec 10, 2018 | Home Ownership
1. Verify the Contractor is Licensed. Verify the contractor is licensed and has the correct license for your specific project by going to www.azroc.gov, and check to see if the contractor is in good standing and has any past complaints. 2. Three Bids. Ensure you...
![Insurance Coverage for Remodels, Part 1.]()
by kramoltz@hotmail.com | Nov 29, 2018 | Home Ownership
Are You Insured? Protect yourself during your next major remodel: 1. Make sure the contractor has insurance for not only injuries and property damage, but also negligent workmanship and injuries sustained on the job. Check also for workers’ compensation and...
by kramoltz@hotmail.com | Nov 26, 2018 | Home Ownership, Renters and Renting
Arizona law states that a member of a HOA may use the member’s property as a rental property unless prohibited in the CC&Rs per A.R.S. §33-1806.01. Accordingly, unless the CC&Rs expressly restrict “vacation rentals,” “transient lodging” or “short-term...
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,...
