How do I find my littoral rights?

Littoral rights pertain to landowners whose land borders large, navigable lakes and oceans. Landowners with littoral rights have unrestricted access to the waters but own the land only to the median high-water mark. After this point, the land is owned by the government.

What to do if your children own real estate?

Co-ownership among cousins can be even more problematic than among siblings. Parents who want to avoid sowing the seeds of discord among their children can take steps, when they do their estate planning, to reduce the likelihood of conflict. Air the issues. Probably the best single thing to do is discuss matters with your adult offspring.

How to describe property in a will with nolo?

Here are some simple examples: If an item is very valuable or could be easily confused with other property, make sure you include identifying characteristics, such as location, serial number, color or some other unique feature. You can make your will online, quickly and easily, using Nolo’s Online Will.

What to do if your children are angry about your estate plan?

If your children know why you made your estate plan, they’re less likely to be angry (at you or each other) when the time comes. Talk to an estate planning lawyer about your goals.

Can a property be left outside a will?

If you have already arranged to leave property outside your will by using legal devices, such as life insurance, pay-on-death bank accounts or living trusts, you usually should not include that property in a specific bequest. Read more about Making a Will: What Property to Include. Make a will quickly and easily with WillMaker Plus.

Can a real estate agent lie to a buyer?

Some states’ laws make sellers’ agents liable for failing to disclose problems they observed or were told of by the sellers. Although real estate agents’ duties are fairly limited, and they are usually not required to conduct any affirmative inspections themselves before selling, agents are typically prohibited from lying to a potential buyer.

Do you need a nest egg to become a real estate agent?

Most new real estate agents need a nest egg to begin their careers. Getting your first sales to come in will take some time, and it will likely be a couple months or more before you cash your first check.

Can a house be sued for defects found after closing?

But if the problem likely started before you bought the house, then you might have a chance at recovery. The defect was not obvious to visitors. If there was a huge crack running across the living room ceiling at the open house and you only decide to bring it up months after the closing, you are unlikely to have a successful case.

Can a defect be found before you bought a home?

The defect existed before you bought the home. Problems that started since you bought the property, or problems that are a natural result of your home’s aging or your lapses in maintenance, are your burden alone. Of course, determining when a problem “started” is complicated.