Ohio law allows for sharing arrangements when it comes to real estate. A number of options exist when it comes to life estates and sequential ownerships in Ohio.
The three most common types of deeds are warranty deeds, limited warranty deeds and quit claim deeds. Each type of deed in real estate is different in its own way, especially in what it promises from the seller.
When you hire an attorney, you’re hiring someone to not only follow your advice, but also someone who will think, analyze and advise to help ensure that the best possible decisions are being made for you. In addition to following your wishes, your attorney will be exercising his own professional judgments.
While it may be an uncomfortable topic to consider, everyone dies. Wills make the process easier for loved ones so they know what to do with your “stuff.”
While options and rights of first refusal are two very different concepts, people commonly confuse them and their very different uses.
Never show up to a sheriff’s sale unprepared; if you expect to leave successful, you’ll want to do some homework in advance of the bidding.
For many, building a home is a dream come true. But many don’t realize some potential hidden costs of building. When building outside a city, one of these costs is drilling a well. Some homebuilders choose to save money by tapping into a neighbor’s well.
LLCs, or “Limited liability companies” are often organized from small, informal family businesses. They are businesses that are established to be separate from their owners.
Ohio rental laws are very strict, and generally very protective of tenants. This is the reason security deposits are often required.
A landlord can legally request a security deposit of any size. However, if the tenant stays for more than six months, interest must be paid on any amount that is higher than one month’s rent.
Crop yields in recent years have made farmland leases a necessity for a responsible farmer. While these leases should be in writing, some states (including Ohio) accept verbal leases.
When a lease isn’t in writing and on record at the county courthouse, people other than the tenant and landlord may not be required to honor the lease.
There is also an Ohio law that requires any farmland leases longer than three years to be notarized and recorded at the county courthouse.