Milfay Real Estate Lawyer, Oklahoma, page 4

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Bonnie Schomp

Commercial Real Estate, Lawsuit & Dispute, Oil & Gas, Wills
Status:  In Good Standing           

Joel Terence Massey

Construction, Insurance, Business & Trade, Business
Status:  In Good Standing           Licensed:  27 Years

Julie Dawn Gragg-landes

Administrative Law, Employee Rights, Adoption, Foreclosure
Status:  In Good Standing           

Mathew Lee Thomas

Commercial Real Estate, Wills, Family Law, Administrative Law
Status:  In Good Standing           Licensed:  20 Years

Molly Adair-Pearson

Real Estate, Family Law, Divorce & Family Law
Status:  In Good Standing           

Molly Caitlin Adair-Pearson

Real Estate, Family Law, Divorce & Family Law
Status:  In Good Standing           

Harold Edward Terry

Real Estate, Criminal, Federal Appellate Practice, Contract
Status:  In Good Standing           

Tina Mooney Koemel

Commercial Real Estate, Divorce & Family Law, Business & Trade, Accident & Injury
Status:  In Good Standing           

Ed Cadenhead

Title Insurance, Real Estate, Federal Appellate Practice, Estate
Status:  In Good Standing           

Donna Occhipinti Yost

Real Estate, Tax, Merger & Acquisition
Status:  Inactive           Licensed:  35 Years

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LEGAL TERMS

HOME WARRANTY

A service contract that covers a major housing system--for example, plumbing or electrical wiring--for a set period of time from the date a house is sold. The w... (more...)
A service contract that covers a major housing system--for example, plumbing or electrical wiring--for a set period of time from the date a house is sold. The warranty guarantees repairs to the covered system and is renewable.

BEQUEST

The legal term for personal property (anything but real estate) left in a will.

MECHANIC'S LIEN

A legal claim placed on real estate by someone who is owed money for labor, services or supplies contributed to the property for the purpose of improving it. Ty... (more...)
A legal claim placed on real estate by someone who is owed money for labor, services or supplies contributed to the property for the purpose of improving it. Typical lien claimants are general contractors, subcontractors and suppliers of building materials. A mechanics' lien claimant can sue to have the real estate sold at auction and recover the debt from the proceeds. Because property with a lien on it cannot be easily sold until the lien is satisfied (paid off), owners have a great incentive to pay their bills.

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.

USUFRUCT

The right to use property -- or income from property -- that is owned by another.

RENT CONTROL

Laws that limit the amount of rent landlords may charge, and that state when and by how much the rent can be raised. Most rent control laws also require a landl... (more...)
Laws that limit the amount of rent landlords may charge, and that state when and by how much the rent can be raised. Most rent control laws also require a landlord to provide a good reason, such as repeatedly late rent, for evicting a tenant. Rent control exists in some cities and counties in California, Maryland, New Jersey, New York and Washington, D.C.

APPRAISER

A person who is hired to determine the current value of real estate or other property.

FUTURE INTEREST

A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian,... (more...)
A right to property that cannot be enforced in the present, but only at some time in the future. For example, John's will leaves his house to his sister Marian, but only after the death of his wife, Hillary. Marian has a future interest in the house.

GROSS LEASE

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintena... (more...)
A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintenance, taxes and insurance. A gross lease closely resembles the typical residential lease. The tenant may agree to a 'gross lease with stops,' meaning that the tenant will pitch in if the landlord's operating costs rise above a certain level. In real estate lingo, the point when the tenant starts to contribute is called the 'stop level,' because that's where the landlord's share of the costs stops.