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Full-Text Articles in Law

Real Estate Brokerage: In A Nutshell, Edward T. Haggins Jan 1970

Real Estate Brokerage: In A Nutshell, Edward T. Haggins

Cleveland State Law Review

There are usually three parties to a real estate transaction; a seller, a buyer, and a real estate broker. The real estate broker is the middleman whose duty is to bring the buyer and the seller together. Ordinarily the real estate broker represents the vendor in that he has usually signed a listing contract to sell the vendor's home. The broker plays a significant role in the sale of property. It is he who guides the sale from beginning to end. Without the services of a real estate broker, most sales would never materialize. In order to understand the importance …


Hidden Risks In Real Estate Title Transactions, Sherman Hollander Jan 1970

Hidden Risks In Real Estate Title Transactions, Sherman Hollander

Cleveland State Law Review

No amount of care can avoid certain of the title hazards which a real estate transaction may encounter. The most careful attorney can do little or nothing, in such situations, to sidestep the pitfalls. In at least some such cases the legislature could provide relief by reducing the risk to innocent parties. To do so requires perceptive review of some timehonored concepts. A number of types of other problems exist where a careful attorney may reduce the risk faced by his client. Even here perhaps the legislature could consider statutory improvements. It would be more fair and equitable if extraordinary …


Percentage Leases: May Lessee Vacate Premises, Stuart F. Kline Jan 1970

Percentage Leases: May Lessee Vacate Premises, Stuart F. Kline

Cleveland State Law Review

A percentage lease is one which states a minimum rental, and, above that, an additional rental based upon a stated percentage of gross sales. The litigation posing the most difficulty in the area of percentage leases involves the right of the lessee to vacate the premises.