Frederick Real Estate Lawyer, Maryland, page 3

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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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2. Email
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7. Profile

Matthew B Ruble

Construction, Real Estate, Lawsuit & Dispute, Employee Rights

Status: Licensed: 43 Years

CONTACT

129 W. Patrick Street, Frederick, MD 21701

Dawn J Page

Real Estate, Land Use & Zoning, Commercial Real Estate

Status:

CONTACT

10 W College Terrace, Frederick, MD 21701

Christopher F Debettencourt

Real Estate

Status: Licensed: 14 Years

CONTACT

1050 Key Parkway, Frederick, MD 21702

David Matthew Chance

Juvenile Law, Construction, Divorce & Family Law, Business

Status: Licensed: 14 Years

CONTACT

7470 New Technology Way, Frederick, MD 21703

Marc Elliot Mandel

Construction

Status:

CONTACT

5111 Buckeystown Pike, Frederick, MD 21704

Scott L Rolle

Real Estate, Traffic, Workers' Compensation, Accident & Injury

Status:

CONTACT

3 W Church St, Frederick, MD 21701

Brett Charles Conyers

Immigration, Tax, Real Estate, Consumer Bankruptcy

Status: Licensed: 36 Years

CONTACT

521 Fraim Street, Frederick, MD 21702

Christopher Benedict McKenna

Construction, Immigration, Wrongful Termination, Felony

Status:

CONTACT

3520 Sugarloaf Parkway, Frederick, MD 21704

Jeremy Ben Wilson

Real Estate, Litigation, Lawsuit & Dispute, Trusts

Status: Licensed: 19 Years

CONTACT

4903 Champlaine Ct, Jefferson, MD 21755

Jodi Lynn Foss

Real Estate

Status: Licensed: 17 Years

CONTACT

3280 Urbana Pike, Ijamsville, MD 21754

800-814-6700

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LEGAL TERMS

BOND

(1) A written agreement purchased from a bonding company that guarantees a person will properly carry out a specific act, such as managing funds, showing up in ... (more...)

(1) A written agreement purchased from a bonding company that guarantees a person will properly carry out a specific act, such as managing funds, showing up in court, providing good title to a piece of real estate or completing a construction project. If the person who purchased the bond fails at his or her task, the bonding company will pay the aggrieved party an amount up to the value of the bond. (2) An interest-bearing document issued by a government or company as evidence of a debt. A bond provides pre-determined payments at a set date to the bond holder. Bonds may be 'registered' bonds, which provide payment to the bond holder whose name is recorded with the issuer and appears on the bond certificate, or 'bearer' bonds, which provide payments to whomever holds the bond in-hand.

BALLOON PAYMENT

A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit bal... (more...)

A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit balloon payments in loans for goods or services that are primarily for personal, family or household use, or require the lender to let you refinance the balloon payment before forcing collection.

EMINENT DOMAIN

The power of the federal or state government to take private property for a public purpose, even if the property owner objects. The Fifth Amendment to the Unite... (more...)

The power of the federal or state government to take private property for a public purpose, even if the property owner objects. The Fifth Amendment to the United States Constitution allows the government to take private property if the taking is for a public use and the owner is 'justly compensated' (usually, paid fair market value) for his or her loss. A public use is virtually anything that is sanctioned by a federal or state legislative body, but such uses may include roads, parks, reservoirs, schools, hospitals or other public buildings. Sometimes called condemnation, taking or expropriation.

ELECTRONIC SIGNATURE

A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'k... (more...)

A paperless method of entering into an electronic contract. To 'sign' a contract electronically, a person may be asked to click an 'I Accept' button or use a 'key' to encrypt (scramble) information that uniquely identifies the signer using a method called Public Key Infrastructure (PKI). Electronic signatures are as binding as those in ink.

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.

DEBENTURE

A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific p... (more...)

A type of bond (an interest-bearing document that serves as evidence of a debt) that does not require security in the form of a mortgage or lien on a specific piece of property. Repayment of a debenture is guaranteed only by the general credit of the issuer. For example, a corporation may issue a secured bond that gives the bondholder a lien on the corporation's factory. But if it issues a debenture, the loan is not secured by any property at all. When a corporation issues debentures, the holders are considered creditors of the corporation and are entitled to payment before shareholders if the business folds.

ASSIGNEE

A person to whom a property right is transferred. For example, an assignee may take over a lease from a tenant who wants to permanently move out before the leas... (more...)

A person to whom a property right is transferred. For example, an assignee may take over a lease from a tenant who wants to permanently move out before the lease expires. The assignee takes control of the property and assumes all the legal rights and responsibilities of the tenant, including payment of rent. However, the original tenant remains legally responsible if the assignee fails to pay the rent.

SETBACK

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

NONCOMPETITION AGREEMENT

An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party ... (more...)

An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party for a specific period of time and within a particular area. Salespeople, for example, often sign noncompetition agreements that prevent them from using the contacts gained by one employer to benefit another employer. Or a salesperson may sign what is known as a 'noncompete,' agreeing not to sell within a particular area, or even work in the same type of business. In some states, such as California, courts view noncompetition agreements with disfavor and will not enforce them unless the restrictions are very narrow. In other states, courts routinely uphold them.

Frederick Real Estate Lawyer, Maryland, page 3

Sponsored Law Firm

Cromwell & Associates, LLC

SPONSORED LAWYERS

Matthew B Ruble

Dawn J Page

Christopher F Debettencourt

David Matthew Chance

Marc Elliot Mandel

Scott L Rolle

Brett Charles Conyers

Christopher Benedict McKenna

Jeremy Ben Wilson

Jodi Lynn Foss

TIPS

LEGAL TERMS

BOND

BALLOON PAYMENT

EMINENT DOMAIN

ELECTRONIC SIGNATURE

MARITAL DEDUCTION

DEBENTURE

ASSIGNEE

SETBACK

NONCOMPETITION AGREEMENT

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