Considerations When Renting a Truck for a Residential Move

There are many choices available when one contemplates a residential move. Because of cost or other factors, many people decide to move their own belongings to their new home. When renting a truck to carry those possessions, there are many considerations to keep in mind.

Rights and Duties of Co-Tenants

Co-tenants may own real estate in one of three ways -- as joint tenants, as tenants in common, and as tenants by the entirety. Except for the exclusive rights noted below, co-tenants generally have the same rights and duties.

Gifts

A gift is a transfer of property without any money changing hands. The person who makes the gift is called the donor. The recipient is called the donee. The requirements of a valid gift are that the donor voluntarily intends to give property, which is delivered to and accepted by the donee.

Water Damage -- When a Property Owner Is Liable to a Neighbor

The issue of a property owner's liability for water damage is largely a matter of state law. However, a property owner is not liable for things he or she cannot control.

Judgment Liens and Other Types of Liens against Real Property

Most agreements for the sale of real estate contain a clause that requires the seller to convey "marketable title" or "merchantable title" to the buyer. In essence, "marketable title" refers to a title free of encumbrances. A lien is an encumbrance upon real property, and the existence of a lien on real property renders the title unmarketable.