Members of the Philadelphia City Council possess a unique privilege when the city wants to sell land in their districts. The privilege is called “councilmanic prerogative,” and it gives every member of the council the right to veto any sale by the city of...
Month: May 2016
Different ways to appraise real property
Determining the value of real property is essential to many business activities. Among the most frequent such activities are buying and selling property, lending money secured by a mortgage on real property, settling a probate estate or determining the value of...
Residential real estate warranties in Pennsylvania
Buying or building a new home can be the fulfillment of a dream if the house is soundly built and free from defects. A newly built house can also be the beginning of a nightmare if the builder made mistakes or took shortcuts that affect the quality of the...