Property setbacks are ordinances established by local government officials that outline where construction or modifications can occur. They are used to keep landowners from crowding neighboring properties, and they provide common areas where pipes may reside below the ground. They also protect wildlife and wetlands.Know More
Violating the ordinances can result in fines and other forms of legal action. A homeowner can appeal the ordinances, but appeals are rarely granted. A homeowner needs to demonstrate that the ordinance has inflicted an extreme hardship.
Ordinances can affect a homeowner's ability to increase the value of his house. They often place restrictions on modifying existing structures or land.Learn more about Real Estate
Commercial land use is the use of land for commercial purposes including building offices, shops, resorts and restaurants as opposed to construction of a residential house. Land can also be used for growing commercial crops, which are crops that are sold instead of used for personal consumption.Full Answer >
In the short sale process, the bank holding the seller's mortgage requires proof that the seller cannot pay the mortgage and that the price being offered is reasonable for the property. The exact forms supporting these facts vary among banks.Full Answer >
Patented gold mining claims can be sold on mining property classified websites like Mine Listings, Advance Geologic and Gold Rush Expeditions. These websites allow owners to place an advertisement noting sale of a mining claim.Full Answer >
Every home purchase agreement should contain the purchase price, amount of down payment, effective dates of the offer, closing and move-in dates, a legal description of the property and other items in the sale, a guarantee of a clear title, and an inspection clause that also allows for a walk-through inspection before closing. A clause making the purchase contingent on the sale of the previous house is added if needed.Full Answer >