Real Estate Closings From Home with Remote Online Notarization and Other Options As we find ourselves in the middle of the COVID pandemic, there are still many clients who need real estate related services. Right now we are helping clients: …
Why Do I Have To Pay A Capital Contribution To The Condominium Association When Buying A Condo In Connecticut?
Capital Contribution to HOA Closing Costs Paid to Condo Association Today, I had a closing with a client n a condominium in New Milford. The particular condominium association (or home owners association, commonly called “HOA”) had a condition to buying …
What is the Connecticut Real Estate Conveyance Tax?
What is a real estate conveyance tax? A real estate conveyance tax is a tax paid by the “Transferor” in a real estate transaction, typically this is a Seller. However, there are some clever Sellers that put the burden of …
What is a Real Estate Binder or Offer to Purchase?
How is a Binder/Offer to Purchase Different from a Contract? What is a Binder or Offer to Purchase? A real estate binder is an agreement that is commonly drafted by real estate agents. It is a document that contains all …