Being a landlord is more complicated than buying a building and collecting rent. It is important for property owners to know and understand how Delaware laws apply to them, especially when faced with landlord/tenant matters. Disagreements with renters are common and can escalate quickly. A landlord who knows the options for resolving those disputes may reach a faster, more satisfying outcome.
Efforts to resolve landlord/tenant matters
What to know about down payments
Those who are looking to buy a home in Delaware or any other state may need to make a down payment as a condition of getting a mortgage. The down payment is simply the amount that a buyer contributes to the purchase price when the transaction closes. Buyers can use savings, money acquired after selling assets or other sources of funding to make this payment.
