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500+ words blue book citation and reference page

I’m studying for my Law class and don’t understand how to answer this. Can you help me study?

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We still are recovering from the real estate bubble burst of 2008/09. The bubble created all kinds of new issues that many new home buyers (and refinanciers) have to face. After your review of the assigned chapters, you should have a basic understanding of the intricacies of buying a home.

First, discuss whether you think an attorney should be required for a real estate transaction. Some states require one, others allow paralegals to provide quasi-legal advice. What do you think is the right answer?

Second, define for me the following terms or concepts:

  • notice and race-notice jurisdictions
  • a bone-fide purchaser
  • the several types of deeds
  • a contract
  • the statute of frauds
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