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Power of Attorney: The Most Common Types

Imagine a board game player telling a friend 'roll for me, but don't sell anything.' Would the friend continue to roll when the player returned? Probably not. In game terms, they were granting a limited, temporary power to act on their behalf. These two concepts - ...

What is a Deed In Lieu?

'Deed In Lieu' is a common short-hand term for a particular situation. Namely: when a borrower can't make loan payments and hands over their deed to the property instead, so that the lender does not have to take the home. The full phrase is 'deed in lieu of forec...

What Are the Rights & Responsibilities of a Landlord?

A landlord owns property that is rented or leased to someone else - the 'tenant' or 'lessee.' Both responsibilities and rights for landlords are defined by law - usually state and local codes in the US. Responsibilities for landlords may cover property, contract, an...

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