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Stephen Cromwell
About | Practice Areas
Cromwell & Associates, LLC
7305 Baltimore Ave Suite 307 College Park, MD 20740» view map
Estate, Tax, and Real Estate Law
Where Every Client Matters

At Cromwell & Associates, our firm is large enough to handle your diverse needs, but small enough to give you the personal attention you deserve.

240-667-7234
1. Stephen Cromwell College Park, MD
  Attorney at Law, MD
  University of Maryland School of Law, J.D. 2019
2. AboutCromwell & Associates, LLC
  Where Every Client Matters
3. Practice AreasExpertise
  Estate Law
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Includes: Commercial Leasing, Commercial Real Estate, Condominiums, Conveyancing, Housing & Urban Development, Premises Liability, Residential Real Estate, Title Insurance

David C. Gardner

✓ VERIFIED

Divorce & Family Law, Accident & Injury, Litigation, Criminal, Condominiums

We achieve successful outcomes for our clients.

David Gardner is the principal attorney of the Gardner Law Firm. With over thirty five years of experience, he is committed to the successful resoluti... (more)

CONTACT

800-973-6431

600 Jefferson Plz, Rockville, MD 20852

Monifa N. Bailey

Child Support, Collection, Condominiums, Farms

Status: In Good Standing

FREE CONSULTATION

CONTACT

9801 Greenbelt Road, Lanham, MD 20706

Ryan Marshall Beard

Corporate, Business Organization, Commercial Leasing, Commercial Real Estate

Status: In Good Standing

CONTACT

888 Bestgate Road, Annapolis, MD 21401

Alan K. Boal

Title Insurance, Real Estate, Litigation, Business

Status: In Good Standing

CONTACT

6411 Ivy Lane, Greenbelt, MD 20770

Anuj Sud

Commercial Leasing, Construction Contracts, Complex Litigation, Collection

Status: In Good Standing

CONTACT

6411 Ivy Lane, Greenbelt, MD 20770

Jennifer A. Sherburne

Insurance, Title Insurance

Status: In Good Standing

CONTACT

6411 Ivy Lane, Greenbelt, MD 20770

Susan P. Potter

Banking & Finance, Corporate, Business Organization, Commercial Real Estate

Status: In Good Standing

CONTACT

7910 Woodmont Avenue, Bethesda, MD 20814

Kathleen N Slawta

Commercial Leasing, Commercial Real Estate, Construction Contracts, Construction Liens

Status: In Good Standing

CONTACT

7315 Wisconsin Avenue, Bethesda, MD 20814

Danielle Turner Erkmann

Commercial Real Estate, Commercial Leasing, Corporate, Business Organization

Status: In Good Standing

CONTACT

7315 Wisconsin Avenue, Bethesda, MD 20814

Michelle R. Curtis

Commercial Leasing, Real Estate

Status: In Good Standing

CONTACT

11921 Rockville Pike, Rockville, MD 20852

800-923-0641

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LEGAL TERMS

DIVIDEND

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash,... (more...)

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash, though they may also be paid in the form of additional shares of stock or other property. The amount of a dividend is established by the corporation's board of directors; however, state laws often restrict a corporation's ability to declare dividends by requiring a minimum level of profits or assets before the dividend can be approved.

LEASE OPTION

A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to b... (more...)

A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to buy the house at the end of the lease period for a price established in advance. A lease option is often a good arrangement for a potential home buyer because it lets him move into a house he may buy without having to come up with a down payment or financing at that time.

NET LEASE

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)

A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.

REFORMATION

The act of changing a written contract when one of the parties can prove that the actual agreement was different than what's written down. The changes are usual... (more...)

The act of changing a written contract when one of the parties can prove that the actual agreement was different than what's written down. The changes are usually made by a court when both parties overlooked a mistake in the document, or when one party has deceived the other.

VIEW ORDINANCE

A law adopted by some cities or towns with desirable vistas -- such as those in the mountains or overlooking the ocean -- that protects a property owner from ha... (more...)

A law adopted by some cities or towns with desirable vistas -- such as those in the mountains or overlooking the ocean -- that protects a property owner from having his or her view obstructed by growing trees. View ordinances don't cover buildings or other structures that may block views.

APPRAISAL

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate... (more...)

A determination of the value of something, such as a house, jewelry or stock. A professional appraiser -- a qualified, disinterested expert -- makes an estimate by examining the property, and looking at the initial purchase price and comparing it with recent sales of similar property. Courts commonly order appraisals in probate, condemnation, bankruptcy or foreclosure proceedings in order to determine the fair market value of property. Banks and real estate companies use appraisals to ascertain the worth of real estate for lending purposes. And insurance companies require appraisals to determine the amount of damage done to covered property before settling insurance claims.

SPECIFIC PERFORMANCE

A remedy provided by a court that orders the losing side to perform its part of a contract rather than, or possibly in addition to, paying money damages to the ... (more...)

A remedy provided by a court that orders the losing side to perform its part of a contract rather than, or possibly in addition to, paying money damages to the winner.

INHERITORS

Persons or organizations who receive property from someone who dies.

CONTINGENCY

A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a ... (more...)

A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a contingency in a contract for the purchase of a house might state that if the buyer does not approve the inspection report of the physical condition of the property, the buyer does not have to complete the purchase.

Benedict Real Estate Other Lawyer, Maryland

Sponsored Law Firm

Cromwell & Associates, LLC

SPONSORED LAWYERS

David C. Gardner

Monifa N. Bailey

Ryan Marshall Beard

Alan K. Boal

Anuj Sud

Jennifer A. Sherburne

Susan P. Potter

Kathleen N Slawta

Danielle Turner Erkmann

Michelle R. Curtis

TIPS

LEGAL TERMS

DIVIDEND

LEASE OPTION

NET LEASE

REFORMATION

VIEW ORDINANCE

APPRAISAL

SPECIFIC PERFORMANCE

INHERITORS

CONTINGENCY

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