December 1, 2021
Common Title Liens That Could Sneak Up On You
If you want to close the sale, you must have a clean title. It’s not as easy as it might seem. A clean title means there are no standing claims against the property and that the owner has the full legal right to sell the property. Our job as your title company is to do the digging to ensure that the title is clean and ready for a smooth transfer of ownership. But often, it’s
November 3, 2021
Top Mobile App Development Companies
Содержание Featured Toptal Mobile App Publications Are You Future Ready? Building A Career In Mobile App Development Features Mobile Development: Courses, Training, And Other Resources Data Linked To You Apple What Languages Are Mobile Apps Written In? It’s the job of the Mobile App Developer to ensure mobile apps work correctly so the company can achieve its goals. It may not seem like a big deal but, at the end of the day, mobile app
The Maryland “Non-Resident” Real Estate Withholding Tax is 8% for Individuals (8.25% for LLCs, Estates, and Entities) on the PROCEEDS or GAINS from the sale of a property. A Full Exemption is possible if a seller can certify any of the special situations listed below. Principal Residence Principal Residence — Active-Duty Military, Certain Government Employees Tax-Free Exchange for purposes of 1031 of the Internal Revenue Code Transferor/Seller is receiving zero proceeds from this transaction because
October 20, 2021
Yes, You Can Sell a Home Owned by a Corporation
If you are selling commercial property, it is likely that you have sold properties held in a corporation. Advantage Title has a strong commercial side and is capable of handling your commercial deals as well. However, it is still possible to have a residential property be held in a corporation. So what do we need to know when the owner of the record is a corporation? Let us help. The first thing we will need
October 13, 2021
Here’s What You’ll Need to Sell a Property Owned By an LLC
What do you do when you have a listing coming to the market but the owner is in an LLC? Does anything change? How does the sale work? We can help. When a property is in an LLC, it means that the business is holding the title to the property. While the sale isn’t too different from a traditional owner sale, there are quite a few documents we will request in the transaction. So it
O is for Owners, T is for Title, scratchin’ temple The last P, it’s pretty simple. It’s Policy. An Owner’s Title Policy could be the only thing that saves your asset from a huge financial loss. OTP … It’s as simple as ABC. For most people, owning a home is the cornerstone of their financial future. Over time, as your home builds equity, you can use that money to pay for college, supplement retirement or
October 5, 2021
What to Do When the Owner of Record is in a Trust
Have you ever sold a home where the owner of the record is in a trust? What does that mean? How is that different? What does the title do differently, and how do you know when a property is in a trust? A trust refers to the fiduciary relationship created to appoint one party to manage assets on behalf of a third party. This relationship is established between the creator of the trust (the grantor)