• Vanessa Baer
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Different types of deeds provide different levels of protection to the purchaser, and today we address the difference between a general warranty deed, special warranty deed, and quitclaim deed. Warranty deeds “warrant” the grantee’s interest in the property, and provide legal protection against certain future property claims. That is, a grantee has legal recourse if

• Vanessa Baer
• 0

It has been almost a decade since the market was flooded with foreclosures. Though the effect of the recent widespread job loss and accompanying bear market may look very differently than the ’08-’10 “Great Recession”, it is best to be prepared for clients that may be either facing a foreclosure or interested in purchasing one.

• Vanessa Baer
• 0

It used to be the norm that all parties to a transaction showed up to closing — at the same time, at the same title company, in the same room. Real estate agents, buyers, sellers, the settlement agent, and the lender would attend, and settlement was a formal event (formal attire and all!). Now more

• Vanessa Baer
• 0

The COVID-19 crisis and accompanying stock market crash has many purchasers wondering whether there is a legal argument that would allow them to change the terms of their ratified contract or void it altogether, absent an addendum to the contract addressing the pandemic. If such an argument exists, it would come in the form of

• Vanessa Baer
• 0

Here in the real estate world we often hear the terms “marketability” and “insurability” of title. And many of us do not understand the precise meaning of these words. That may just be because the meaning is not precise at all. Marketability The Virginia court defined the meaning of “marketability” of title in the 1963