by Gary Pickren | May 20, 2016 | Legal Tips
We are often asked to add a minor child’s name to the title. The reasons vary from not wanting to prepare a Will to trying to get the lower tax rate for primary residence. The disadvantages of putting your minor child’s on the deed far outweigh the reasons for doing...
by Gary Pickren | May 13, 2016 | Legal Tips
The dreaded call that all agents hate to make, “Sorry Seller but the house did not appraise for the purchase price.” So what happens next? If the contract contains an appraisal contingency, Paragraph 6E of the Central Carolina Realtors Association...
by Gary Pickren | May 6, 2016 | Legal Tips
When I started practicing law in 1995, I worked a case with one of the law partners, Frank. The opposing counsel made an error and missed a deadline. When I discovered the attorney’s error I told Frank, who called the attorney. The attorney asked Frank to...
by Gary Pickren | Apr 28, 2016 | Legal Tips
When buying a newly constructed home, clients often wonder if they should purchase a land survey (plat). Buyers often express a belief that new construction means nothing could be wrong. Lawyers believe a land survey should be prepared for almost all closings, and...
by Gary Pickren | Apr 22, 2016 | Legal Tips
Buyer makes an offer to the seller. Seller adds a material term to the contract in his own hand-writing. Seller initials the addition and sends the contract back to the buyer. Buyer scratches the additional term and initials the deletion. Contract is then sent to all...
by Gary Pickren | Apr 14, 2016 | Legal Tips
In March 2014, South Carolina Gov. Nikki Haley signed into law a bill that gave military homeowners a tax break on homes that they could not sell before being deployed or re-stationed. South Carolina Code §12-43-220(C)(2)(v)(B) and (C) allows service members to pay...