What are Requirements for Appraiser Independence? Appraiser independence requirements are a set of regulations imposed on lenders and mortgage brokers designed to ensure that parties do not exercise undue influence over the appraisal process. One example of this is that lenders typically cannot receive compensation for ordering an appraisal, and appraisal companies cannot
Facts About Contractor Lawsuits Homeowners file lawsuits against contractors for a number of reasons. Breach of contract comes to mind first. Homeowners may allege that contractors didn’t do what they agreed to. They may have failed to return a deposit, use the right materials, finish on time or pay their subcontractors for prior
Elements of Legal Driving At a fundamental level, the legal definition of driving generally requires a person to be in control of a vehicle, moving it under its own power, and following relevant traffic laws and regulations. While each state may have certain nuances and specific elements that define the crime of driving,
Misdemeanor Court Costs Explained The general concept behind court costs for misdemeanors is an important one for anyone involved in a misdemeanor case to understand. Essentially, court costs are fees assessed by the court to cover the administrative expenses of processing a misdemeanor case. These costs may include fees for filing documents, jury
An Introduction to Legal Abbreviations When navigating the legal landscape of Cardiff, one encounters a variety of industry-specific terms and language that are necessary to perform proficiently in this profession. Legal abbreviations are one such part of the vernacular that has a profound impact on the daily communications of those working in this
The Rules for Car Seats in NYC A mishmash of laws can confuse parents regarding the safety of their children when traveling in New York City. From the wide-ranging applicability of New York’s seat belt laws to uncertainty surrounding what kinds of car seats (if any) are required to keep children safe while
What is a Truck Owner Operator Lease Agreement? What is a truck owner operator lease agreement?A truck owner operator lease agreement is the most commonly used trucking independent contractor agreement used throughout the trucking industry. Generally speaking, an owner operator contractor is an individual who has his or her own truck and or
An Overview of Common Law in Oklahoma Common law is a set of principles and rules of action or conduct that derive from judicial decisions. Such decisions are authoritative for all cases governed by common law. However, when such decisions conflict with legislative enactments ("statutes"), the latter control, and are known as "statutory
What are Oral Contracts? Verbal agreements in property law are, simply put, contracts that are either partially or entirely concluded without a written record. Just like written contracts, oral contracts (another term for verbal contracts) have valuable legal standing in property law and can be used to prove that a legally binding agreement
What Constitutes Adultery in Louisiana: Definition and Legal Context Adultery refers to the act of sexual relations between a married person and a party other than their spouse. Within Louisiana law, adultery is an important concept because it has implications for divorce proceedings as well as for property division and child custody arrangements.