Landlord And Tenant Law

A landlord and tenant share a very delicate relationship and they have to deal with each other carefully. Any wrong step could have legal implications. A landlord has several things to deal with other then repairs and maintenance of the property. However, when it comes to the landlord and tenant relationship, there are legal solutions for every problem under the housing laws.

Definition Of Fair Market Value

Fair market value is a term related to the real estate world and it is used legally and commercially in business. The price under fair market value is determined between the buyer and the seller and they arrive at something called the fair market price. It is also used by accountants and appraisers to figure out the fair market price of a property.