Cyber Security Best Practices
WARNING! Given the rise in cyber crime, if you receive an e-mail or any other communication that appears to be generated from Title Stream that contains new, revised or altered bank wire instructions, please consider it suspect and call our office at a number you trust. Always call Title Stream BEFORE wiring to verify wiring
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What does the Seller have to provide to the Buyer when selling a condominium?
When selling a condominium unit, what does the Seller have to provide to the Buyer, and how long does a Buyer have to cancel the contract after receiving the information? It depends on whether it is an initial sale (from developer/declarant) or a resale (any seller other than developer/declarant). INITIAL SALE OF A UNIT
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The Landlord-Tenant Relationship
Title Stream is a certified vendor under the LREC, and we continue to offer a variety of complimentary classes throughout the year to help further real estate agents in their profession. One such offered course is on the Landlord Tenant Relationship. Below you will find a few takeaways from this two hour CE. A lease
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Taxation and Real Estate
On December 22, 2017 the President signed a new tax bill that affects real estate called Tax Cuts and Jobs Act. It became effective January 1, 2018 and affects income taxes for income earned in 2018. The bill, affecting taxation and real estate, in summary is as follows: Federal Income Tax Only $10,000 can be deducted
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Quick Guide to Wills
As of July 1, 1999, Louisiana law now only recognizes two forms of testaments as valid: Olographic Testaments and Notarial Testaments. However, if a testator wrote a will in accordance with the form requirements for one of the types of testaments which existed prior to the revision, then that testament will still be considered valid
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Quick Guide to Successions
Successions Without Administration: This type of succession is recommended for estates worth more than $75,000 and that are not overly complex. This is the most common type of succession in Louisiana. In this type of succession the executor of the estate is approved as an independent executor and they are free to manage the estate’s
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Smart Homes: What Goes With the Property When Sold?
When a house is being sold, the prevailing notion is that the seller is still entitled to everything not screwed or embedded into the property upon final walk through. For decades, an emptied house looks roughly the same no matter where you are: empty walls, while plugs and light switches remain. Today, more and more
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Cyber Security: What’s Your Risk?
It is important to understand what risks you may be susceptible to if using a free (or nearly free) email service like Gmail, Hotmail & Yahoo. It is often trivial to compromise an account on these email services, once this happens, it is not very difficult to figure out the parties involved in a closing
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Successions and Real Estate
Let’s face it, no one wants to deal with a succession. Opening a succession means someone close to you has died. After funeral costs, medical bills, and other debts, the last thing an heir wants to do is pay an attorney to be able to take ownership of the property that was rightfully left to
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How New Construction Homes Affect the Title Search
Building a brand new home on an empty lot is like having a blank canvas to make all your own. So if you are the first one to live in your home, can you skip the title insurance? Title Insurance helps protect you and your lender from certain risks that could be associated with the
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