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Clifford A Wilpon Lawyer

Clifford A Wilpon

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Accident & Injury, Collection, Wills & Probate, Real Estate

Welcome to our law firm website. Ferguson & Wilpon was founded in 2001. We are a general practice law firm in Olney, Maryland, a suburb of Washington,... (more)

Lawrence E Heffner

Bankruptcy & Debt, Estate, Real Estate, Estate, Collection
Status:  In Good Standing           

Bruce Nichols Dean

Real Estate, Visa, Criminal, Banking & Finance
Status:  In Good Standing           

Brandy Ann Peeples

Real Estate, Litigation, Lawsuit & Dispute, Federal Appellate Practice
Status:  In Good Standing           
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Laura Ann Melia

Real Estate, Trusts, Corporate, Animal Bite
Status:  In Good Standing           Licensed:  29 Years

Christina Ann Hayes

Real Estate
Status:  In Good Standing           Licensed:  9 Years

David A Severn

Real Estate, Business, Land Use & Zoning, Commercial Real Estate
Status:  In Good Standing           Licensed:  41 Years

Alecia Brigh Frisby

Administrative Law, Landlord-Tenant, Consumer Bankruptcy
Status:  In Good Standing           Licensed:  13 Years

David C Weaver

Construction, Estate, Employment, Discrimination
Status:  In Good Standing           

Bridget Elizabeth Pelino

Real Estate, Trusts, Estate Planning, Corporate
Status:  In Good Standing           Licensed:  19 Years

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Free Help: Use This Form or Call 800-943-8690

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800-943-8690

Free Help: Use This Form or Call 800-943-8690

By submitting this lawyer request, I confirm I have read and agree to the Consent to Receive Email, Phone, Text Messages, Terms of Use, and Privacy Policy. Information provided is not privileged or confidential.

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LEGAL TERMS

LEASE OPTION

A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to b... (more...)
A contract in which an owner leases her house (usually for one to five years) to a tenant for a specific monthly rent, and which gives the tenant the right to buy the house at the end of the lease period for a price established in advance. A lease option is often a good arrangement for a potential home buyer because it lets him move into a house he may buy without having to come up with a down payment or financing at that time.

ESTATE

Generally, all the property you own when you die.

RUNNING WITH THE LAND

A phrase used in property law to describe a right or duty that remains with a piece of property no matter who owns it. For example, the duty to allow a public b... (more...)
A phrase used in property law to describe a right or duty that remains with a piece of property no matter who owns it. For example, the duty to allow a public beach access path across waterfront property would most likely pass from one owner of the property to the next.

LIFE TENANT

One who has a life estate in real property.

RIGHT OF SURVIVORSHIP

The right of a surviving joint tenant to take ownership of a deceased joint tenant's share of the property. See joint tenancy.

SECURITY DEPOSIT

A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. If the tenant damages the property or le... (more...)
A payment required by a landlord to ensure that a tenant pays rent on time and keeps the rental unit in good condition. If the tenant damages the property or leaves owing rent, the landlord can use the security deposit to cover what the tenant owes.

APPRAISER

A person who is hired to determine the current value of real estate or other property.

CO-TENANTS

Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreemen... (more...)
Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreement, which includes paying the entire rent if the other tenant skips town and paying for damage caused by the other tenant.

NONCOMPETITION AGREEMENT

An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party ... (more...)
An agreement, generally included in an employment contract or a contract for the sale of a business, where one party agrees not to compete with the other party for a specific period of time and within a particular area. Salespeople, for example, often sign noncompetition agreements that prevent them from using the contacts gained by one employer to benefit another employer. Or a salesperson may sign what is known as a 'noncompete,' agreeing not to sell within a particular area, or even work in the same type of business. In some states, such as California, courts view noncompetition agreements with disfavor and will not enforce them unless the restrictions are very narrow. In other states, courts routinely uphold them.

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