OK, I Have The Preliminary Title Report – Now What?
November 5, 2016
General. Ownership of real property is evidenced by a deed, which is the physical evidence that one has “title”, i.e. full ownership. When buyers purchase
General. Ownership of real property is evidenced by a deed, which is the physical evidence that one has “title”, i.e. full ownership. When buyers purchase
Oregon Broker Duties Regarding the Use of Experts. ORS 696.805(3)(e) and 696.810(3)(e) both state that one of a licensee’s duties is to “To advise the
Why Boundary Disputes Arise. Over the past several years, it seems that boundary disputes have been on the uptick. One reason for this is that
Background. On April 4, 2016, the U.S Department of Housing and Urban Development (“HUD”) issued its “Office of General Counsel Guidance on Application of Fair
The OREF Residential Sale Agreement provides at Section 10 (Licensed Professional Inspections) that: “Buyer shall promptly provide a copy of all reports to Seller only
Background. Not long after the housing bust and collapse of affordable mortgage lending, the “new subprime” became the FHA, that government home loan program insured
Background. Upon the closing of a real estate transaction in the U.S., a Federal law, known as the Foreign Investment in Real Property Tax Act
RMLS™ reports that for closed sales: “It was still the strongest January for closed sales since at least 1992— edging even over the 1,843 closings
Background. On October 7, 2015, the City of Portland amended its Code to address what it believes is a shortage of available housing units for
Oregon Administrative Rules 863-015-0250 (Professional Real Estate Activity Records) and 863-015-0260 (Records Retention) are the primary regulations governing a broker’s record keeping and retention responsibilities.