Tag Archives: #DueDiligence

New Hampshire’s Current Use Tax Assessment Explained 🏡

Posted on December 28, 2023 by TheRealEstateClass

New Hampshire’s Current Use tax assessment promotes open-space conservation, valuing land on its productive capacity. However, changes in land use can trigger a significant tax. Real estate agents must be aware, as this can impact potential buyers or developers Continue reading →

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🏢✍️ Unveiling Title Defects: Navigating Clouds on a Real Estate Title and Suits to Quiet Title 🌥️⚖️

Posted on August 25, 2023 by TheRealEstateClass

Clouds on a real estate title can create hurdles when it comes to transferring property ownership smoothly. Outstanding liens, boundary disputes, and undisclosed easements are some common examples of clouds that need resolution. This is where suits to quiet title come into play. These legal actions help determine the rightful owner and eliminate any disputes or clouds on the title. As real estate professionals, it’s crucial to understand these concepts, work with qualified title companies, and prioritize due diligence to ensure a seamless and legally compliant transfer of ownership. Continue reading →

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When Trust Turns Sour: Exploring Negligent Misrepresentation in the Real Estate Industry

Posted on August 17, 2023 by TheRealEstateClass

Negligent misrepresentation in real estate refers to a situation where a party, typically a real estate agent or seller, provides false or misleading information about a property to another party, such as a buyer or tenant, and acts negligently in doing so. Negligent misrepresentation occurs when the party making the false statement fails to exercise reasonable care or diligence in verifying the accuracy of the information they provide, leading to detrimental consequences for the other party. Continue reading →

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