
What Is the Fiduciary Duty of a Condo Board?
It’s a big deal to be elected to the board of a condo, which generally comes with a lot of power and responsibility. Members of a condo board have what is called a “fiduciary duty.” This means that they are responsible for making decisions on behalf of their community that are...
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What to Know About Closing on Real Estate in Rhode Island
Buying a piece of real estate can be a really exciting – yet stressful – time. When you have made an offer on a property in Rhode Island and the seller has accepted it, it’s not the end of the process. Between the time that the contract has been accepted and the...
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What Does Condo Insurance Cover in Rhode Island?
Many people mistakenly believe that Rhode Island Condo Insurance is the same thing as the state’s homeowners insurance. Condo insurance isn’t the same as homeowners insurance for a few different reasons. For starters, there is a difference between a condo and a house. Condos are units in a multi-unit building....
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My Property Has Water Damage: What Should I Do?
When your property suffers water damage it can be devastating. It can take a lot of money to repair everything. While you may believe that your insurance company will cover these expenses, unfortunately, it may try to lower or even deny your compensation. Here’s what to know about water damage.
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What to Know About Condo Fee Delinquencies and Collections
Purchasing a condominium can be a really exciting event. You have a new place to entertain, sit back, relax, and call home. But while there are many fun aspects of your new abode, there are still responsibilities to take seriously. When you purchase a condo, you must adhere to a condo...
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What Can You do if Your Fire Damage Claim is Denied?
Losing any of your property to fire damage is devastating. When you lose any of your belongings it can feel as though you’ve lost part of yourself. But while there’s nothing that can replace what you’ve lost, your home insurance policy can at least help to recover some items. As with most...
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How Long Could Your Property Insurance Claim Take?
When you have suffered property damage and have filed or are considering filing a property insurance claim, you may be eager to know how quickly your claim will be approved or denied. After all, you likely want to fix our property as soon as possible. However, the length of the property...
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RI Supreme Court Finds Implied Warranty of Habitability Means Strict Time Limit for Buyers’ Claims
When you purchase a home, there are certain expectations that you have regarding its safety. That’s why buyers in Rhode Island have protections from loss if the home is not only unsafe but also defective or has additional unforeseen issues that require resolution. The buyer can look to the purchase contract...
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What Is a Quiet Title Action?
Choosing to buy a home is one of the biggest decisions you can make and you want to go about it the right way. That’s where a closing attorney comes into play. He or she can assist you with dotting the i’s and crossing the t’s in order to ensure that...
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Homeowners Insurance Coverage
Homeownership is one of the largest investments most people will ever make. Protecting that investment with the right insurance coverage is crucial, especially in Rhode Island, where storms, coastal flooding, and other hazards pose significant risks. Yet many homeowners discover only after a loss that their policy doesn’t provide the coverage they...
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Considerations When Naming Your Business
When starting a business, the name is everything. A business’s name conveys its purpose and its culture, can act as a marketing tool, and provide many other keys to success. The name offers a chance to stand out and broadcast your business. Most importantly, the business name allows potential customers to...
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Tips for Buying Your First Investment Property
Before buying your first investment property, there are three key considerations that will improve your odds of successfully building a robust and cash flowing real estate portfolio. These three key tips for first-time investment property buyers are:
Make sure your personal debts are manageable.
One of the major advantages of real...
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