When buying real estate there are certain standard rights usually included, unless the property has an encumbrance that in some way causes an exclusion as noted in the sale.There are also additional rights that may or may not be in the sale, which may represent significant value. Standard Real Estate Ownership Rights The standard rights conveyed to the owner of the title deed for a property include: Possession: Possession is a legal word for ownership. Possession occurs after closing on the … [Read more...]
What’s The Value Of Water?
When investing in real estate, few people think about water as a high priority. All of us have become used to water being readily available and rarely give it a second thought. Most would think that water is only a consideration for farmers who need it to irrigate agriculture. However, due to climate change and population growth, the world is experiencing large impacted areas and major cities that are running out of water. Will Water Run Out? Las Vegas expects to run out of water by 2030. Lake … [Read more...]