We still are recovering from the real estate bubble burst of 2008/09. The bubble created all kinds of new issues that many new home buyers (and refinanciers) have to face. After your review of the assigned chapters, you should have a basic understanding of the intricacies of buying a home. First, discuss whether you think an attorney should be required for a real estate transaction. Some states require one, others allow paralegals to provide quasi-legal advice. What do you think is the right answer? 

Second, define for me the following terms or concepts: notice and race-notice jurisdictions a bone-fide purchaser the several types of deeds a contract the statute of frauds

Answer rating: 100% (QA)

Attorney Involvement in Real Estate Transactions The question of whether an attorney should be required for a real estate transaction is a complex one ... View the full answer