The concept of eminent domain can seem daunting to property owners. In Pennsylvania, eminent domain encompasses the laws and statutes that allow the state government to seize private property for specific purposes, including what conditions make this acceptable and what conditions do not - as well as whether or not the government is required to compensate property owners for the seizure.
Investment tips for new real estate entrepreneurs
Many would-be entrepreneurs underestimate just how complex real estate investment can be. They believe that they can simply purchase a low-priced house, gussy it up and sell it at a profit. The process of becoming a successful real estate entrepreneur is actually very complicated—and very risky.
What is a "quiet title" action?
Anyone involved in a real estate title dispute in Pennsylvania may have heard the recommendation that they file a "quiet title" action. A quiet title action is an extremely effective way of resolving all kinds of disputes involving title to real estate. But what is a "quiet title" action and why is it called a "quiet title" action?
When a vacant property becomes a party den
While most property owners hope their building transaction will take place swiftly, it’s common for real estate to sit on the market for a period. Sometimes, to maximize value, the owner allows the empty building temporary use. At other times, unscrupulous individuals might squat or misuse a property for their own means. Empty buildings are an unfortunate target for vandalism and more.
