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Understanding Homeowners Insurance

Homeowners insurance is a type of insurance that provides financial protection for homeowners in the event of damages or losses to their home or personal property.

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Habitability And Self-Help

The doctrine of habitability is a legal principle that requires landlords to maintain rental properties in a habitable and habitable condition. This includes ensuring that the property is safe, clean, and in good repair, and that it meets all applicable health and safety codes.

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Medicaid And An Irrevocable Trust

In New Jersey, an irrevocable trust can be used to protect assets from Medicaid's "look back" period, which is a period of time during which Medicaid will review an individual's financial transactions to determine if they have transferred assets in an attempt to become eligible for Medicaid benefits.

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The Home Inspection Report

The purpose of a home inspection report is to provide potential buyers or sellers with an objective assessment of the condition of the home, so they can make informed decisions about whether to proceed with the purchase or sale. It is important to note that a home inspection is not a guarantee of the future condition of the home, but rather a snapshot of its current condition.

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Retainer And Attorney Trust Account

An attorney trust account, also known as a client trust account, is a type of bank account that is used by lawyers in New Jersey to hold funds that belong to their clients. The purpose of an attorney trust account is to ensure that the funds are kept separate from the lawyer's own funds and are used only for the benefit of the client.

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The New Jersey Association Of Realtors Standard Form Of Real Estate Sales Contract

It is important for both the buyer and the seller to fully understand the terms of the NJAR Standard Form of Real Estate Sales Contract before signing it. It is also advisable to have the contract reviewed by a lawyer to ensure that it is legally enforceable and protects the interests of both parties.

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Corporate Stock Ownership

A stock purchase agreement is a legal document that sets forth the terms and conditions of a stock sale. It is typically used when a corporation is issuing new shares of stock or when an individual or entity is purchasing shares of stock from an existing shareholder.

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FAQs: So You Want An Investment Property

As a landlord, you have certain legal responsibilities, such as ensuring that the property meets health and safety standards and complying with fair housing laws.

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Forming A Corporation

To form a corporation in New Jersey, you will need to follow these steps.

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Estate Planning Attorney vs. Online Form Templates

Many people turn to online templates when creating an estate plan because doing so is a seemingly cheaper and quicker alternative to hiring an estate planning attorney. However, there are several problems with using online forms to create an estate plan.

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