Magic words

Article Abstract:

The language commonly used in real estate documents makes them too difficult to read. Mysterious and burdensome words such as "witnesseth," "whereas," and "aforesaid" are ubiquitous in leases and mortgages. The prevalence of legalese in real estate documents contributes the hostility that people feel toward lawyers. Lawyers should attempt to write more understandable documents, and such documents might benefit the real estate business.

Attorneys, Offices of Lawyers, Lawyers, Column, Practice, Terminology, Mortgages

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A creative solution to economic problems

Article Abstract:

Economists are predicting sustained economic growth in the long-term, a situation that likely will effect the troubled real estate market in a positive way. However, the real estate market is hampered by entrepreneurial activity that creates an overabundance of properties in some markets. A facetious answer to the problems plaguing the real estate market is offered that entails swapping real estate professionals for Eastern Europeans.

Humor and anecdotes

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Economic forces shaping unsubordinated ground leases: part 1: lender interests

Article Abstract:

There is no prescribed formula for development-oriented unsubordinated ground leases. Each lease must be customized depending upon the business interests and the factors which affect these business interests in each specific transaction. Lease negotiators have more complex roles in these types of leases.

United States, Interpretation and construction

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