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Recent Posts in Real Estate Traps Category

  • Riddle Me This: When Can A House Never Be A Home?

    A townhouse in Florida is a unit in a building with one or more floors located on a parcel of land in which fee simple title to the land is conveyed with each unit. The unit is like a slice of bread in a loaf. It differs from a condominium, although often they look exactly alike. A townhouse is most often documented under Chapter 720 of the Florida Statutes. A condominium normally has no land ...
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  • What Is A Ponzi Scheme?

    I can’t provide all of the details of a Ponzi scheme. I am satisfied that check kiting is much simpler. A Ponzi scheme requires a great deal more energy and imagination, but some of it I understand. A Ponzi scheme begins with an asset. It is important that the asset have a value which is not easily discernible. For instance, if I could persuade you to invest in an oil well not yet drilled, and ...
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