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Real estate dealings and legal procedures associated with real estate dealings are some of the most undermined legal dealings and people generally do not pay much heed to the legal matters that remain associated with real estate dealings. However; that should never be the case in reality, as there are many rules and regulations associated with even real estate dealings that common people are not aware of and even if they are aware of a certain part of it, they may not be an expert in the matter. However; the sad part is that people often think that factors that they should care about are the location, the total area and the price of the real estate property that is in concern. However; since it is a fact that people are not aware of the tricks and turns associated with real estate dealing legal procedures, they should definitely pay a heed to the concerned matters and also hire a real estate attorney, so that they can get assistance in the matter and also clarify their doubts regarding Bergen County real estate law.
Homestead laws:
Homestead laws in New Jersey are probably the most sought after laws in the state, primarily because of the fact that some people have a perception that homestead laws of Bergen County do not have any homestead exemptions and the perception is somewhat true. New Jersey is a state, which does not offer any homestead exemptions to its residents, so that debtors can protect their real estate equity from creditors. However; there are certain rules which can provide the residents some benefits like they would be allowed an exemption of $22,975 if they file chapter 7 with federal bankruptcy exemptions. Other than that, regular payment of monthly mortgage payments also make one eligible for getting bankruptcy exceptions, according to the Bergen County real estate law.
Lease and rental agreements laws:
The Bergen County real estate law protects the tenants from biases and discrimination related to age, sexual orientation, gender, skin color, creed, race, disability, ancestry, nationality, familial status, marital status, disability, retirement communities etc to secure the interest of the tenants. However; there are also certain rules which must be complied with by both the tenant and the landlord, so as to make the stint mutually smooth for both.
Adverse possession:
Adverse possession is yet another real estate law covered by the Bergen County real estate law clauses and it provides protection to the Bergen County real estate owners against forceful and illegal possession of their property.
For further details visit Bergen County Real Estate Lawyer or wants an appointment contact New Jersey Landlord Tenant Law here: 1 University Plaza, Suite 14, Hackensack, NJ 07601
Phone: (201) 343-3100
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