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Initiative and Referendum

Initiative and referendum are two mechanisms by which the voters of a state can directly effectuate changes in the state law. Whether a particular state has an initiative process and/or a referendum process is...

"As is" Clauses in Residential Real Estate Contracts

Residential real estate buyers who heed the adage of caveat emptor -- buyer beware -- take steps to inspect the property being purchased for defects. Such an inspection may lead the buyer to ask about apparent defects and about any that may...

Accretion

Lionel is considering whether to purchase a waterfront property. Before he does so, he wants to make sure he knows something about any special issues related to such properties. In his research, Lionel came across the term...

Security Deposits on Rented Premises

What Is A Security Deposit?

Very often, when a landlord and a tenant enter into a lease agreement, the landlord requires the tenant to make some type of payment to the landlord in addition to the first month's...