Do I Need Indemnity Insurance When Selling a House?

Indemnity insurance

Imagine you sold a house six months ago. Now imagine you received a legal letter this morning about possible defects with the property. The buyer is claiming thousands to cover repair costs. What do you do? If you didn’t inform the buyer about the defects before contracts were exchanged, you might be liable for their more

Can I Sell a House with Asbestos?

Can i sell a house with asbestos?

While asbestos is widely regarded as a construction evil of the 20th century, it’s been around far longer than most people realise. Asbestos was, in fact, used by both the Roman and Persian Empires. The substance is a great insulator and fire-resistant. It also conducts electricity well. This cost-effective material was used to provide safe more

My Ex Has Stopped Paying the Mortgage — What Next?

My ex has stopped paying the mortgage

A divorce is usually a stressful and emotional event — more so when it involves joint home ownership. If your ex has stopped paying the mortgage, it’s important to understand your legal position and your responsibilities. We’ve put together a short guide on what to do when a joint homeowner neglects their financial obligations. Who more

What Happens to a Home When the Owner Dies Without a Will?

What happens to a home when the owner dies without a Will?

When a person dies without a Will, the process of bequeathing their assets can be complicated. The estate is divided based on rules of intestacy. In most cases, this means the closest living relatives to the deceased receive a proportion of the estate. If a property owner in your family dies without a Will, you more