In the two major metro markets in Maryland, the real estate sector started strong. Unfortunately, the COVID-19 pandemic led to unprecedented lockdown orders. MarketStats data indicates that in Washington and Baltimore metro regions, the highest median March sales prices peaked at the highest amounts in the past ten years. However, by the end of the […]
The ongoing Covid-19 crisis has created challenges for both landlords and renters pertaining to managing their finances. If you are a landlord, you may be wondering whether you have a legal obligation to waive your tenant’s rent if they express their inability to pay this month or the next citing coronavirus related economic disruption. To […]
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A unique situation confronts general contractors and builders in terms of risk management. The law holds them liable to the owners for the actions and omissions on the part of their subcontractors. Therefore, it is vital for you to take the appropriate steps to protect yourself and your company as you work on job sites […]
Finding the right buyer for your home is not an easy task. It requires a lot of time, planning, and effort on your part. The good news is that residential properties all over the country have increased in value since the Great Recession. So, the effort you put in can help you earn a decent […]
When you sell a real estate property in Maryland, you are required by law to make certain disclosures about its physical condition to the buyer. There are statutes in place which require you to disclose what are called ‘latent defects’ to the buyer. Failing to do so can open you up to lawsuits from the […]
Real estate development and construction activity is vital to the economy of Maryland, and well-organized development in conformance to the local laws benefits the residents at an individual as well as a community level. Every land parcel in Maryland is governed by zoning regulations, which help determine what the property can be used for as […]
As a homeowner, when you want to remodel your home or even a build an addition, you must obtain permission from the local government. That is understandable in that the government assesses boundaries, environment impacts, and building regulations. The same requirements also apply to new land use. Without clearing the way through zoning ordinances and […]
You completed a project by furnishing labor or materials to a construction site. In the past you’ve been paid on time, but not this time. If you are a contractor or a supplier, an architect, surveyor, an engineer, or certified interior designer, and have not been paid, you can file a mechanic’s lien to secure […]
If you have a home improvement project in your future, it is very important that you make sure the person you hire is licensed by the Maryland Home Improvement Commission. The Commission regulates contractors and the sales force involved with the home improvement industry, including remodels and repairs. It may be tempting to hire an […]
