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February 26, 2010
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Real Estate News

 

Hud Housing Program

The Uniform Act, passed by Congress in 1970, is a federal law that establishes minimum standards for federally funded programs and projects that require the acquisition of real property (real estate) or displace persons from their homes, businesses, or farms. The Uniform Act's protections and assistance apply to the acquisition, rehabilitation, or demolition of real property for federal or federally funded projects. 49 CFR Part 24 is the government-wide regulation that implements the URA.

HUD Handbook 1378 provides HUD policy and guidance on implementing the URA and 49 CFR Part 24 for HUD funded programs and projects. This module covers URA requirements as they apply to HUD programs.

What are the URA's objectives?

  • To provide uniform, fair and equitable treatment of persons whose real property is acquired or who are displaced in connection with federally funded projects
  • To ensure relocation assistance is provided to displaced persons to lessen the emotional and financial impact of displacement
  • To ensure that no individual or family is displaced unless decent, safe, and sanitary (DSS) housing is available within the displaced person's financial means
  • To help improve the housing conditions of displaced persons living in substandard housing
  • To encourage and expedite acquisition by agreement and without coercion

 

Contact our Oregon Real Estate Lawyer Now!

 
Did You Know?    
 
 
Property easement is a right to use some part of a property for a specific purpose
An express easement may be contained in the deed to the property or in another document. Some examples include: A utility company can run power lines on a property,Adjacent property owners may enter into an agreement to share a common driveway that extends over both properties. An implied easement or prescriptive easement may arise when a use of property continues for a certain period of time.

 


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News about real estate cases in Oregon and nationwide:

April Survey Of Real Estate Trends Finds Continued Gains In Real Estate Markets
"Our surveys have shown steady improvement in real estate markets since early last year," FDIC Chairman Ricki Helfer said. "We are pleased to repor...
Read more >


Office Of Real Estate Appraisers Cracks Down On Unethical Behavior Of Real Estate Appraisers
The first case involved an accusation of performing appraisals in a series of transactions in which Mr. Thomas E. Williams, of Riverside, was alleg...
Read more >


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Real Estate Terms

 


Today's Terms

Closing costs

Definition:
Customary costs above and beyond the sale price of the property that must be paid to cover the transfer of ownership at closing; these costs generally vary by geographic location and are typically detailed to the borrower after submission of a loan application.

Annual Percentage Rate (APR):

Definition:
Calculated by using a standard formula, the APR shows the cost of a loan; expressed as a yearly interest rate, it includes the interest, points, mortgage insurance, and other fees associated with the loan.

Access Control

Definition:
Power of Government to restrict/control a property owner's right to create entrances and exits on a public road. After a roadway is designed, built, and in use, there will be instances in which someone will request permission to create a driveway or entrance onto the roadway.

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Real Estate Resources

 


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Real Estate Hot Topics

 
Topics Related to Real Estate Law:

  • Commercial Real Estate
  • Construction
  • Condemnation
  • Landlord / Tenant
  • Mortgage Matters

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Oregon Real Estate Attorney

 
If you live in the following cities and need an real estate attorney you should contact our Real Estate Attorney as soon as possible:

  • Albany
  • Ashland
  • Beaverton
  • Bend
  • Canby
  • Central Point
  • Clackamas
  • Coos Bay
  • Corvallis
  • Cottage Grove
  • Dallas
  • Eugene
  • Forest Grove
  • Grants Pass
  • Gresham
  • Hermiston
  • Hillsboro
  • Hood River
  • Klamath Falls
  • La Grande
  • Lake Oswego
  • Lebanon
  • Mcminnville
  • Medford
  • Newberg
  • Ontario
  • Oregon City
  • Pendleton
  • Portland
  • Prineville
  • Redmond
  • Roseburg
  • Salem
  • Sherwood
  • Springfield
  • The Dalles
  • Troutdale
  • Tualatin
  • West Linn
  • Wilsonville
  • Woodburn
 


Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Real Estate Attorneys Oregon.com is not intended to be real estate advice, but merely conveys general information related to real estate issues commonly encountered.

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