Real Estate Title and Closings Blog

Tom Groth Law PLLC is a Real Estate Law Firm Located Conveniently on Bridgeport Avenue in Shelton, CT

If you're thinking of starting a business or growing your existing one, you might be wondering if you need a business plan. A business plan is a document that describes your business's goals, strategies, market, and financial projections. It helps you clarify your vision, communicate your value p...

Full disclosure, Chat GPT wrote this copy The attorney-client privilege is a fundamental principle of the legal system, ensuring that individuals have the freedom to communicate openly and honestly with their attorneys without fear of their communications being used against them in court. Thi...

A business transactions attorney is a legal professional who focuses his or her practice on negotiations, drafting and reviewing legal paperwork, and closing business deals. This kind of lawyer plays a critical role in ensuring that transactions are completed smoothly and efficiently, and that th...

As many fellow nutmeggers who have been following developments in the Cannabis space may be aware, state-sanctioned facilities are open for business. I wanted to write a quick note to comment on the rough (and painful) road ahead for those who may be trying to benefit from “ambiguities” (because ...

How Connecticut State Police plan to catch those driving under the influence of marijuana Source: How Connecticut State Police plan to catch those driving under the influence of marijuana

For those of my followers who may not be aware, I wanted to write a quick note about a new Connecticut state program providing forgivable down payment assistance to low and moderate-income homebuyers. This is truly a good deal for those who are looking to try and escape from ever-increasing rents...

Capital Contribution to HOA Closing Costs Paid to Condo Association Today, I had a closing with a client in a condominium in New Milford. The particular condominium association (or home owners association, commonly called “HOA”) had a condition to buying a property there: he had to make a “capita...

CHFA Mortgage Assistance for Connecticut Home Buyers The Connecticut Housing Finance Authority, or CHFA, provides mortgage assistance programs to homebuyers in Connecticut. To receive CHFA mortgage assistance, you must be a first-time homebuyer or buying a home in a revitalization zone and qualif...

(Note: this article was originally published on November 2, 2016, and the rates may have changed since then.) What is a real estate conveyance tax? A real estate conveyance tax is a tax paid by the “Transferor” in a real estate transaction, typically this is a Seller. However, there are some clev...