Whiteford Real Estate Other Lawyer, Maryland

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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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Includes: Commercial Leasing, Commercial Real Estate, Condominiums, Conveyancing, Housing & Urban Development, Premises Liability, Residential Real Estate, Title Insurance

Edwin G. Carson

Corporate, Trusts, Title Insurance, Lending, Foreclosure

Status:

CONTACT

30 Office St, Bel Air, MD 21014

Albert J A Young

Commercial Real Estate, Real Estate, Trusts, Administrative Law

Status: Licensed: 41 Years

CONTACT

200 S Main St, Bel Air, MD 21014

John Callahan Duley

Commercial Real Estate, Real Estate

Status: Licensed: 28 Years

CONTACT

2514 Rocks Rd, Forest Hill, MD 21050

Bruce Douglas Hechmer

Commercial Real Estate, Real Estate

Status: Licensed: 32 Years

CONTACT

205 Inspiration Rd, North East, MD 21901

Richard E Lattanzi

Commercial Real Estate, Real Estate

Status: Licensed: 57 Years

CONTACT

9649 Belair Rd, Baltimore, MD 21236

Frank John Giampa

Commercial Real Estate, Real Estate

Status:

CONTACT

20 Flintlock Ct, Perry Hall, MD 21128

Ernest Bryan Sheldon

Commercial Real Estate, Real Estate, Business

Status:

CONTACT

18 White Birch Dr North East, North East, MD 21901

Lee M Snyder

Commercial Real Estate, Real Estate

Status: Licensed: 59 Years

CONTACT

4 North Park Drive, Cockeysville, MD 21030

Guido James Porcarelli

Insurance, Products Liability, Premises Liability, Litigation

Status:

CONTACT

11350 Mccormick Road, Hunt Valley, MD 21031

Courtney Erin Shackelford

Real Estate, Commercial Real Estate

Status: Licensed: 15 Years

CONTACT

11350 Mccormick Rd, Hunt Valley, MD 21031

800-814-6700

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LEGAL TERMS

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.

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.

LIABILITY INSURANCE COVERAGE

Compensation to third parties who are injured or whose property is damaged due to the fault of the insurance holder. You may have liability insurance for your c... (more...)

Compensation to third parties who are injured or whose property is damaged due to the fault of the insurance holder. You may have liability insurance for your car or your home, or to cover actions you take in the course of your profession. Liability polices are sometimes called 'third-party policies.'

SHORT SALE (OF HOUSE)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale ... (more...)

A sale of a house in which the proceeds fall short of what the owner still owes on the mortgage. Many lenders will agree to accept the proceeds of a short sale and forgive the rest of what is owed on the mortgage when the owner cannot make the mortgage payments. By accepting a short sale, the lender can avoid a lengthy and costly foreclosure, and the owner is able to pay off the loan for less than what he owes. See also deed in lieu (or foreclosure).

ESCHEAT

The forfeit of all property to the state when a person dies without heirs.

ADVERSE POSSESSION

A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usua... (more...)

A means by which one can legally take another's property without paying for it. The requirements for adversely possessing property vary between states, but usually include continuous and open use for a period of five or more years and paying taxes on the property in question.

APPRECIATION

An increase in value. Appreciated property is property that has gone up in value since it was acquired.

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.

HOMESTEAD DECLARATION

A form filed with the county recorder's office to put on record your right to a homestead exemption. In most states, the homestead exemption is automatic--that ... (more...)

A form filed with the county recorder's office to put on record your right to a homestead exemption. In most states, the homestead exemption is automatic--that is, you are not required to record a homestead declaration in order to claim the homestead exemption. A few states do require such a recording, however.

Whiteford Real Estate Other Lawyer, Maryland

Sponsored Law Firm

Cromwell & Associates, LLC

SPONSORED LAWYERS

Edwin G. Carson

Albert J A Young

John Callahan Duley

Bruce Douglas Hechmer

Richard E Lattanzi

Frank John Giampa

Ernest Bryan Sheldon

Lee M Snyder

Guido James Porcarelli

Courtney Erin Shackelford

TIPS

LEGAL TERMS

NET LEASE

BALLOON PAYMENT

LIABILITY INSURANCE COVERAGE

SHORT SALE (OF HOUSE)

ESCHEAT

ADVERSE POSSESSION

APPRECIATION

HOME WARRANTY

HOMESTEAD DECLARATION

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