| Tangible and Intangible Property |
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| Property is an external thing that can be owned or possessed. Property can be divided into two categories: tangible and intangible. The word tangible refers to something that has a definable physical form that can be felt or touched. The word intangible refers to something that cannot be perceived by the senses. More... |
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| Estimating the Costs of Interstate Moving Expenses -- The Non-Binding Estimate |
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| Federal law regulates the business of carriers who transport household goods from one state to another. Federal laws and the regulations adopted by the Federal Motor Carrier Safety Administration (FMCSA) come into play to advise customers of their rights, including the right to have a mover provide a written estimate of the cost of the move. The estimate may be either binding or nonbinding. With each kind of estimate, certain rules apply. More... |
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| Adjustable Rate Mortgages |
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| Delilah was very happy when she received her pre-approval notification for a mortgage loan. In fact, her lender pre-approved her for $25,000 more than she needed to purchase her first home. Delilah is now in the process of finalizing the details with the lender before the settlement on her home. The lender has offered her a fixed rate mortgage as well as an adjustable rate mortgage. More... |
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| The Comprehensive Environmental Response, Compensation and Liability Act |
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| In the year 1980, the United States Congress passed the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA). CERCLA is a remedial statute designed to protect and preserve public health and the environment. Courts have construed it broadly in order to effectuate its purpose. More... |
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| The Foreign Investment in Real Property Tax Act |
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| Congress enacted the Foreign Investment in Real Property Tax Act (FIRPTA). The law can be found at 26 U.S.C.S. §1445. More... |
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