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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The Benefits of Depreciation for Real Estate Investors

Real estate investors frequently cite depreciation as one of the major benefits of owning investment real estate. However, if you’re unfamiliar with real estate investing or accounting, you may have questions such as “what is depreciation?” and “what are the benefits?” We hope that the below sections provide insight into depreciation...
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man signing insurance claim

Understanding Title Insurance

If you own real estate and have a mortgage, you have undoubtedly been exposed to title insurance. Even if you have never purchased real estate, you have likely heard of title insurance – whether seeing title insurance agencies or hearing “title insurance” in passing. Despite the ubiquity of title insurance, many...
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Reverse Mortgages

Reverse mortgages have gained and waned in popularity over the years. While you may not understand how reverse mortgages work, you may remember the many celebrities who have been featured in reverse mortgage commercials, including Tom Selleck, Henry Winkler (“The Fonz”), and Jerry Orbach from Law & Order. Reverse mortgages...
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Understanding the Difference Between Condos, Co-ops and HOAs in Rhode Island, Massachusetts and Connecticut

While condos and homeowners’ associations (“HOA”) are quite common, co-operatives are less common and often misunderstood. Many readers may be asking themselves how these three are different. While all three achieve similar goals of ensuring a quality living experience for residents and owners, the ownership structures and related peculiarities are tremendously...
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