Visalia Real Estate Lawyer, California

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John L. Rozier

Premises Liability, Personal Injury, Car Accident, Animal Bite
Status:  In Good Standing           

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D. Zackary Smith

Construction, Estate Planning, Litigation, Wills & Probate, Landlord-Tenant
Status:  In Good Standing           

Matthew Wayne Bixler

Land Use & Zoning, Estate Administration, Estate Planning, Business Organization, Medical Malpractice
Status:  In Good Standing           Licensed:  28 Years

Thomas Elliott Hornburg

Power of Attorney, Real Estate, Elder Law, Bankruptcy
Status:  In Good Standing           Licensed:  26 Years

Dale Richard Bruder

Estate Planning, Family Law, Commercial Real Estate, Trusts, Wills
Status:  In Good Standing           

Glenn Atcheson Stanton

Real Estate, Felony, Civil & Human Rights
Status:  In Good Standing           

Steve Yahnian

Commercial Real Estate, International Tax, Estate, Business & Trade, Corporate
Status:  In Good Standing           

Trevor John Holly

Real Estate, Criminal
Status:  In Good Standing           Licensed:  21 Years

Dennis Michael Lynch

Real Estate, Government Agencies, Employee Rights, Business
Status:  In Good Standing           Licensed:  45 Years

Rick John George

Commercial Leasing, Real Estate
Status:  In Good Standing           Licensed:  42 Years

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Free Help: Use This Form or Call 800-943-8690

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800-943-8690

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LEGAL TERMS

USUFRUCT

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

MARITAL DEDUCTION

A deduction allowed by the federal estate tax laws for all property passed to a surviving spouse who is a U.S. citizen. This deduction (which really functions a... (more...)
A deduction allowed by the federal estate tax laws for all property passed to a surviving spouse who is a U.S. citizen. This deduction (which really functions as an exemption) allows anyone, even a billionaire, to pass his or her entire estate to a surviving spouse without any tax at all.

SETBACK

The distance between a property boundary and a building. A minimum setback is usually required by law.

LEGACY

An outdated legal word meaning personal property left by a will. The more common term for this type of property is bequest. Compare devise.

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.

PATENT CLAIM

A statement included in a patent application that describes the structure of an invention in precise and exact terms, using a long established formal style and ... (more...)
A statement included in a patent application that describes the structure of an invention in precise and exact terms, using a long established formal style and precise terminology. Patent claims serve as a way for the U.S. Patent and Trademark Office (PTO) to determine whether an invention is patentable, and as a way for a court to determine whether a patent has been infringed. In concept, a patent claim marks the boundaries of the patent in the same way as the legal description in a deed specifies the boundaries of the property.

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.

SHARED EQUITY MORTGAGE

A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the... (more...)
A home loan in which the lender gets a share of the equity of the home in exchange for providing a portion of the down payment. When the home is later sold, the lender is entitled to a portion of the proceeds.

VESTED REMAINDER

An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will ... (more...)
An unconditional right to receive real property at some point in the future. A vested interest may be created by a deed or a will. For example, if Julie's will leaves her house to her daughter, but the daughter gains possession only after Julie's husband dies, the daughter has a vested remainder in the house.