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	<title>Law offices of Fred V. Peet, PC</title>
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	<link>http://www.fredvpeet.com</link>
	<description>Vermont&#039;s Real Estate Law Source</description>
	<lastBuildDate>Tue, 07 Jun 2011 13:08:27 +0000</lastBuildDate>
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		<title>Owner Policy</title>
		<link>http://www.fredvpeet.com/title-insurance/owner-policy/</link>
		<comments>http://www.fredvpeet.com/title-insurance/owner-policy/#comments</comments>
		<pubDate>Fri, 20 May 2011 13:19:14 +0000</pubDate>
		<dc:creator>Fred Peet</dc:creator>
				<category><![CDATA[Title Insurance]]></category>

		<guid isPermaLink="false">http://www.fredvpeet.com/?p=261</guid>
		<description><![CDATA[If you are obtaining a mortgage loan in order to purchase your new home, the lender probably will require you to purchase a title insurance policy in its name to insure the validity of its mortgage as a lien on your property. That policy does not provide any coverage for you. Owners desiring title protection [...]]]></description>
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		<title>Mortgage Policy</title>
		<link>http://www.fredvpeet.com/title-insurance/mortgage-policy/</link>
		<comments>http://www.fredvpeet.com/title-insurance/mortgage-policy/#comments</comments>
		<pubDate>Fri, 20 May 2011 13:20:11 +0000</pubDate>
		<dc:creator>Fred Peet</dc:creator>
				<category><![CDATA[Title Insurance]]></category>

		<guid isPermaLink="false">http://www.fredvpeet.com/?p=266</guid>
		<description><![CDATA[The bank or mortgage company that will provide your mortgage will likely require that you buy a mortgage title insurance policy insuring its interest in your property. When you give a mortgage to a lender, you give the lender an interest in your property as security for your promise to repay the loan. In many [...]]]></description>
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		<title>Title Insurance Costs</title>
		<link>http://www.fredvpeet.com/title-insurance/cost/</link>
		<comments>http://www.fredvpeet.com/title-insurance/cost/#comments</comments>
		<pubDate>Fri, 20 May 2011 13:20:52 +0000</pubDate>
		<dc:creator>Fred Peet</dc:creator>
				<category><![CDATA[Title Insurance]]></category>

		<guid isPermaLink="false">http://www.fredvpeet.com/?p=268</guid>
		<description><![CDATA[The title insurance policy or policies are issued at the time of closing. There is a one-time premium payable at the closing by the buyer. The lender will require the buyer to pay for the lender&#8217;s coverage. If an owner policy is issued at the same time as the lender policy, there will be a [...]]]></description>
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		<title>Purchase and Sale Contract</title>
		<link>http://www.fredvpeet.com/seller/seller-contract/</link>
		<comments>http://www.fredvpeet.com/seller/seller-contract/#comments</comments>
		<pubDate>Fri, 20 May 2011 13:11:20 +0000</pubDate>
		<dc:creator>Fred Peet</dc:creator>
				<category><![CDATA[Seller]]></category>

		<guid isPermaLink="false">http://www.fredvpeet.com/?p=243</guid>
		<description><![CDATA[In order to be a valid and enforceable contract, an agreement to purchase real property must be in writing and need only describe the property generally, contain the terms of sale, provide for a specific closing date and be singed by both buyer and seller. This agreement is the most important document in the entire [...]]]></description>
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		<title>Permits</title>
		<link>http://www.fredvpeet.com/seller/seller-permits/</link>
		<comments>http://www.fredvpeet.com/seller/seller-permits/#comments</comments>
		<pubDate>Fri, 20 May 2011 13:12:17 +0000</pubDate>
		<dc:creator>Fred Peet</dc:creator>
				<category><![CDATA[Seller]]></category>

		<guid isPermaLink="false">http://www.fredvpeet.com/?p=245</guid>
		<description><![CDATA[Recently the Vermont Supreme Court has created a new class of potential encumbrances that may affect property and transfers. The Court has held that if the zoning Ordinance in effect in your Town/City requires that your property have a certificate of occupancy, and if you do not, there is an encumbrance on the title. You [...]]]></description>
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		<title>Warranty Deed</title>
		<link>http://www.fredvpeet.com/seller/seller-warranty/</link>
		<comments>http://www.fredvpeet.com/seller/seller-warranty/#comments</comments>
		<pubDate>Fri, 20 May 2011 13:13:24 +0000</pubDate>
		<dc:creator>Fred Peet</dc:creator>
				<category><![CDATA[Seller]]></category>

		<guid isPermaLink="false">http://www.fredvpeet.com/?p=247</guid>
		<description><![CDATA[You are required to provide a warranty deed to the person who is buying your property. That warranty deed is a legal contract and it contains a number of promises that you are making to the buyer. One of those promises is that your property is free from all claims and encumbrances. For us to [...]]]></description>
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		<title>Taxes</title>
		<link>http://www.fredvpeet.com/seller/seller-taxes/</link>
		<comments>http://www.fredvpeet.com/seller/seller-taxes/#comments</comments>
		<pubDate>Fri, 20 May 2011 13:14:20 +0000</pubDate>
		<dc:creator>Fred Peet</dc:creator>
				<category><![CDATA[Seller]]></category>

		<guid isPermaLink="false">http://www.fredvpeet.com/?p=249</guid>
		<description><![CDATA[There are several tax issues to address with the sale of your property. These include local property taxes, transfer tax, land gains tax, nonresident withholding and federal income tax reporting. Property Taxes At the time of closing, an adjustment is made for property taxes so that the buyer and seller are only paying property tax [...]]]></description>
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		<title>Adjustments</title>
		<link>http://www.fredvpeet.com/seller/seller-adjustments/</link>
		<comments>http://www.fredvpeet.com/seller/seller-adjustments/#comments</comments>
		<pubDate>Fri, 20 May 2011 13:15:42 +0000</pubDate>
		<dc:creator>Fred Peet</dc:creator>
				<category><![CDATA[Seller]]></category>

		<guid isPermaLink="false">http://www.fredvpeet.com/?p=253</guid>
		<description><![CDATA[There are many miscellaneous, ongoing expenses associated with home ownership. Such expenses may include one or more of the following: real property taxes, sewer assessments, fire district taxes, water, heating oil and common expense assessments (for condominiums). It is likely that a seller will have paid some of these items in advance, covering a period [...]]]></description>
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		<title>Closing</title>
		<link>http://www.fredvpeet.com/seller/seller-closing/</link>
		<comments>http://www.fredvpeet.com/seller/seller-closing/#comments</comments>
		<pubDate>Fri, 20 May 2011 13:16:21 +0000</pubDate>
		<dc:creator>Fred Peet</dc:creator>
				<category><![CDATA[Seller]]></category>

		<guid isPermaLink="false">http://www.fredvpeet.com/?p=255</guid>
		<description><![CDATA[The closing is the time at which the property is formally sold and transferred from the seller to the buyer. It is at this time that the borrower takes on the loan obligations, pays all closing costs, and receives title from the seller. The seller&#8217;s role at the closing is relatively simple. The seller will [...]]]></description>
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		<title>HUD-1 Settlement Statement</title>
		<link>http://www.fredvpeet.com/seller/seller-statement/</link>
		<comments>http://www.fredvpeet.com/seller/seller-statement/#comments</comments>
		<pubDate>Fri, 20 May 2011 13:16:57 +0000</pubDate>
		<dc:creator>Fred Peet</dc:creator>
				<category><![CDATA[Seller]]></category>

		<guid isPermaLink="false">http://www.fredvpeet.com/?p=257</guid>
		<description><![CDATA[The HUD-1 Settlement Statement is a form that details the financial part of your transaction. It is important that you review this document carefully at the closing to be sure that you are being paid the correct amount. As the seller, you will see your sale price with adjustments for property taxes, water/sewer charges, fuel, [...]]]></description>
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