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Anderson's Ohio Residential Real Estate Manual

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2018 Edition
ISBN: 9781522139201
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2018 Edition
ISBN: 9781522139218
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eBook :mobi
2018 Edition
ISBN: 9781522139218
In Stock
Price
$234.00
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Anderson's Ohio Residential Real Estate Manual discusses all the steps in a residential real estate transaction and alerts the user to issues that may interrupt the smooth flow of a purchase or sale. Covering topics such as brokers, contracts of sale, financing, title and title insurance, land registration, actions to quiet title, foreclosure, deeds, closings, condominiums, taxes, and liens and replete with frequently used forms – both official and attorney drafted – it collects in one place a wealth of guidance at every step of the process. Checklists and strategic points help ensure that no detail is overlooked. 

Authors / Contributors

Table of Contents

Chapter 1 Brokers
  1.01 Overview of brokers
  1.02 Checklist for drafting or negotiating purposes
  1.03 Compensation for brokers
  1.04 The deal falls through
  1.05 Other limits on rights to commission
  1.06 Conflicts of interest: the Ohio statute Forms

Chapter 2 Contract of Sale
  2.01 Overview of contract of sale
  2.02 Checklist for contract of sale
  2.03 Conflicts of interest
  2.04 Formalities
  2.05 “Earnest money”
  2.06 Equitable conversion; risk of loss
  2.07 Quality of title
  2.08 Conditions
  2.09 Merger of contract into deed
  2.10 Condition of premises; disclosures and warranties
  2.11 Fixtures; included personal property
  2.12 Time of Possession
  2.13 Time of performance
  2.14 Remedies; specific performance



  2.15 Land installment contracts
  2.16 Electronic Transmission of Contracts
  2.17 Auctions
  2.18 Short Sale
  2.19 Lease with Option to Purchase Forms



Chapter 3 Financing
  3.01 Overview of financing
  3.02 Checklist for financing
  3.03 Financing basics
  3.04 Original financing
  3.05 Documentation
  3.06 The secondary market
  3.07 Assuming or taking subject to
  3.08 Prepayment penalties
  3.09 Escrows for taxes and insurance
  3.10 Rescission in Refinancing Loans
  3.11 Land installment contracts
  3.12 Usury
  3.13 Predatory Loans
  3.14 Federal Financing Assistance
  3.15 Ohio Financing Assistance
  3.16 Home Equity Loans
  3.17 Lease with Option to Purchase Forms

Chapter 4 Titles
  4.01 Overview of titles
  4.02 Checklist for titles
  4.03 Common Law
  4.04 Ohio recording statutes—Deeds
  4.05 Ohio Recording Statutes—Mortgages
  4.06 Indexing of deeds and mortgages
  4.07 Other records—Plats and Liens
  4.08 Bar title standards
  4.09 Curing title defects
  4.10 “Chain of title”
  4.11 Adverse possession
  4.12 Land use restrictions
  4.13 Easements
  4.14 UCC fixtures
  4.15 Assessments and other liens
  4.16 Water Rights
  4.17 Gas and oil liens
  4.18 Fence Lines
  4.19 Low Cost Alternative Energy Revolving Loan Program Lien
  4.20 Manufactured Home/Mobile Home/Trailer

Chapter 5 Marketable Title Act
  5.01 Overview of marketable title act
  5.02 Checklist for marketable title act
  5.03 Operation of the act
  5.04 Preserving pre-root interests
  5.05 Exceptions
  5.06 Possession, adverse and otherwise
  5.07 “Wild deeds”
  5.08 “Void deeds”

Chapter 6 Land Registration and Actions to Quiet Title
  6.01 Overview of land registration and actions to quiet title
  6.02 Land registration
  6.03 Actions to quiet title

Chapter 7 Litigation
  7.01 Overview of litigation
  7.02 Checklist for litigation
  7.03 Lis pendens
  7.04 Judicial proceedings
  7.05 Personal jurisdiction
  7.06 Probate
  7.07 Foreclosure and related procedures
  7.08 Domestic relations
  7.09 Bankruptcy
  7.10 Reformation and Recission
  7.11 Military
  7.12 Special Rights of Redemption
  7.13 Fraudulent Conveyances
  7.14 Constructive Trust
  7.15 Partition
  7.16 Slander of Title Forms



Chapter 8 Title Insurance, Survey and Appraisal
  8.01 Overview of insurance, survey and appraisal
  8.02 Checklist for insurance, survey and appraisal
  8.03 Is any title coverage necessary?
  8.04 Attorney opinion versus title insurance
  8.05 The title company
  8.06 Survey
  8.07 Ohio Predatory Lending Law
  8.08 Liability of Title Company
  8.09 Appraisal Forms

Chapter 9 Deeds
  9.01 Overview of deeds
  9.02 Checklist for deeds
  9.03 Descriptions
  9.04 Title warranties
  9.05 Special grantors
  9.06 Delivery; Acceptance; Recording
  9.07 Formalities
  9.08 Interest conveyed
  9.09 “Void” or “Voidable”
  9.10 Transfer on death deed/Affidavit
  9.11 Legacy Trusts
  9.12 Domestic Relations Forms



Chapter 10 Closings
  10.01 Overview of closings
  10.02 Checklist for closings
  10.03 Truth In Lending (Regulation Z)
  10.04 Real Estate Settlement Procedures Act (RESPA)
  10.05 New Rules and Forms from CFPB
  10.06 Escrow closings
  10.07 Internal Revenue Service requirements
  10.08 Other Laws
  10.09 Power of attorney
  10.10 Rental Property
  10.11 Prior Loan Pay-Off and Mortgage Release
  10.12 Transfer and recording fees
  10.13 Private Transfer Fees
  10.14 Lender’s Charges
  10.15 ERecording
Chapter 11 Housing Discrimination
  11.01 Overview of housing discrimination
  11.02 Coverage
  11.03 Discrimination in financing
  11.04 Burial lots
  11.05 Same Sex Discrimination—The Obergefell Case

Chapter 12 Condominiums; Planned Community Owner’s Associations
  12.01 Overview of condominiums; planned community owners’ associations
  12.02 The condominium concept
  12.03 Condition of the premises
  12.04 Other problems for purchaser
  12.05 Insurance
  12.06 Conversion of rental property
  12.07 Cost of ownership
  12.08 Liens
  12.09 Problems with condominium ownership
  12.10 Cooperatives
  12.11 Planned Community
  12.12 Air rights
  12.13 Landominiums Forms

Chapter 13 Taxes
  13.01 Overview of taxes
  13.02 Deductions
  13.03 Gain or loss on sale
  13.04 Installment sales
  13.05 “Vacation” homes
  13.06 State and local property taxes
  13.07 Housing and Economic Recovery Act of 2008 Forms

Chapter 14 Construction Contracts/Mechanics’ Liens
  14.01 Overview of construction contracts/mechanics’ liens
  14.02 Checklist of construction contracts/mechanics’ liens
  14.03 Location of home
  14.04 Building plans and specifications
  14.05 Availability of utilities
  14.06 Variance
  14.07 Payment of the builder
  14.08 Closing
  14.09 Owner’s claims against contractor
  14.10 Owner’s claims against governmental agency
  14.11 Failure to Build
  14.12 Damages
  14.13 Disputes between general contractor and subcontractors Forms



INDEX