Real Estate Law

Real Estate Sellers: Be Aware of Property Disclosure Laws

by Joshua M. Marks, Esq. | October 22, 2007

Background of Property Disclosure Laws In the wake of the consumer-rights movement and the increasing influence of realtor organizations around the country, many states began to draft and implement property disclosure laws in the 1980’s that were designed to protect buyers of residential properties. The goal was to protect uninformed and inexperienced buyers in an [...]

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Real Estate Law

A Primer on Escrowed Funds

by Joshua M. Marks, Esq. | October 15, 2007

Upon signing the agreement of sale in most residential real estate transactions, the buyer pays an “earnest money deposit”, which signifies his intention to purchase the property. Typically, the earnest money deposit is held in the escrow account of the listing broker (who represents the seller) and is applied toward the buyer’s down payment and [...]

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Real Estate Law

Buyer Beware: You Don’t Have to Use the Mortgage and Title Companies Affiliated with your Real Estate Broker. Make Sure You Shop Around!

by Joshua M. Marks, Esq. | October 8, 2007

Caveat emptor is Latin for “Let the buyer beware”. A recent class-action lawsuit filed in the state of Minnesota is bringing to light a long-standing issue that affects buyers of residential real estate throughout the country—alleged steering of home buyers to affiliated title, settlement and mortgage companies by large realty brokers. This widely utilized practice [...]

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BiggerPockets News

Introducing Joshua Marks, Real Estate Attorney

by Joshua Dorkin | October 8, 2007

Once again, I am happy to announce a new contributor to this blog, Joshua Marks. Joshua embodied the entrepreneurial spirit and opened his Law firm back in January of 2000. After close to five years as a sole practitioner, Josh partnered up with long-time college friend, Peter Rosenzweig to form Marks & Rosenzweig, LLC, a [...]

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