Impact Fees

ABC Construction Corp. sought a permit to begin construction of 25 residences in the Southwell Hills Community, located in the County of Rockland. The development is situated in a neighborhood full of older houses. The local government authority conditioned the issuance of its building permit upon payment by ABC of certain impact fees.

Allergic Reactions to Mold in a Home

Every year, numerous people suffer ill health effects as the result of the presence of mold in the home. Mold may be any color, including black or white. The presence of mold in a home is the result of excess moisture.

Real Estate Investment Trusts

A real estate investment trust, also known as an REIT, is a type of investment opportunity. More specifically, shares in REITs are considered a type of real estate security.

Lead Hazards

The issue of lead hazards is of particular concern with regard to dwellings built prior to 1978. In fact, the presence of lead, lead dust, or lead-based paint chips, presents serious hazards to children, as well as adults.

Mortgages -- Satisfaction

When a borrower pays off a mortgage or deed of trust, the lender on the mortgage or deed of trust must record a notice that it no longer holds a security interest in the mortgaged property. The laws governing such notifications vary from state to state, and the laws of each state must be consulted individually for further details. A satisfaction of mortgage may also be known as a release or cancellation.