REAL ESTATE
Mortgages
- Buyer, Seller & Developer Representation
- Residential & Commercial Closings & Conveyances
New Construction
- Property Disputes
- Purchase & Sales Agreement Review & Negotiation
Types of Property Ownership
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Tenancy in Common: Upon death of a tenant in common, his/her interest will pass to his/her heirs through the estate and probate process.
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Joint tenancy with the Rights of Survivorship: Upon the death of a joint tenant, his/her interest will pass to the other joint tenants in equal shares.
Tenants by the Entirety: Only applied to married couples. Upon the death of a spouse, his/her interest will pass to the surviving spouse.
Buying and Selling
Buying and selling a home or commercial real estate, landlord/tenant issues, property line and right of way disputes; we handle all things real estate.
Yes. Real estate in Maine is customarily sold in “AS IS” condition, without any warranties or representations.
In Maine, the Offer to Purchase is normally this first document a Buyer and Seller sign for the sale of real estate. Although this document is customarily called an “Offer,” parties must be careful since in many instances, this documents is a legally binding agreement.
A Purchase and Sale Agreement is a detailed agreement for the sale of real estate that is customarily signed after the Offer to Purchase.
Most real estate forms must be notarized, including deeds and mortgages, which are recorded at the local Registry of Deeds at or immediately after closing. Real estate forms that will not be recorded, such as a lease form, generally do not have to be notarized.
The closing is a meeting where all of the documents are signed and money changes hands. Our firm conducts closings at our office. Upon request, we will also travel to the Registries of Deeds, Realtors’ Offices and Borrowers’ homes.