COVID-19 Leads to More Subleasing
The need for commercial real estate, especially office and retail space, has been significantly impacted by the pandemic. COVID-19 continues to keep employees working from home, with the likelihood some employees will continue indefinitely to work from home after the […]
Read MoreReal Estate Settlements During COVID
Similar to most every business, Covid-19 continues to impact the way in which real estate transactions are handled. Last spring, when the quarantine was imposed, real estate settlements were allowed to occur. However, people were not allowed to come in […]
Read MoreThe Surprise of Inheritance Tax
Many people are surprised to learn that Pennsylvania imposes an inheritance tax upon assets owned by a deceased person at the time of their death. This applies to assets titled solely in the name of the deceased person (real estate, […]
Read MoreDo You Understand Your Automobile Insurance Coverage? by Loren A. Schrum, Esquire
Many people tell me they have “full coverage” automobile insurance, which is odd since there is no such thing! People often confuse “full coverage” with “full tort,” which means they can recover both economic (lost wages, medical bills, etc.) as […]
Read MoreUnderstanding the “As Is” Clause When Buying and Selling Real Estate by Loren A. Schrum, Esquire
Recently, the Pennsylvania Superior Court ruled in a Dauphin County case that an “as is” clause in an Agreement of Sale for real estate does not eliminate the obligation by the seller of residential real property to complete a seller’s […]
Read MoreTips for a Smooth Real Estate Closing by Loren A. Schrum, Esquire
Once all of the contingencies are met, such as financing, inspection, repairs and other similar matters, there are a number of steps that can be taken to help ensure that your real estate Closing will go smoothly. While there is […]
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