When you're buying or refinancing a home in Vermont, one of the standard closing costs you'll encounter is title insurance. While it might not be as well-known as other parts of the real estate transaction, title insurance plays a critical role in protecting your investment. It’s important to understand what it covers and how its cost is determined. What Is Title Insurance? Title insurance is a type of protection that guards against potential legal or financial issues with the property’s title. These issues might include past liens, unpaid taxes, errors in public records, forged signatures, or even undisclosed heirs claiming ownership. While a title search is performed to uncover any problems before closing, some issues can remain hidden. Title insurance offers peace of mind by covering you against these unforeseen claims. There are two types of policies you might encounter: • Owner’s Policy – This protects you, the homeowner, against covered title problems for as long as you or your heirs own the property. It is optional but strongly recommended for buyers. • Lender’s Policy – This is required by most mortgage lenders and protects the lender’s interest in the property until the mortgage is paid off. It does not protect the homeowner. While the lender’s policy is usually required, the owner’s policy is what protects your personal investment in the property. Purchasing both policies at the same time often qualifies for a discounted rate. How Much Does Title Insurance Cost? The cost of title insurance in Vermont depends on several factors, including the purchase price of the property or the amount of the mortgage loan. Title insurance is a one-time premium paid at closing and does not need to be renewed. Rather than quoting general rates—which can vary depending on the details of your transaction—we recommend using the official rate calculator provided by Vermont Attorneys Title Corporation. This easy-to-use tool can give you an accurate estimate for your specific situation: 👉 Click here to use the Title Insurance Rate Calculator Whether you’re buying or refinancing your mortgage, this tool can help you plan for closing costs with greater confidence. Refinance Discount If you're refinancing an existing mortgage, you're typically eligible for a 40% discounted title insurance premium. This discount applies to the lender’s policy and can help reduce your closing costs. It's important to note that this discount typically only applies when refinancing a property you already own. While title insurance might seem like a small piece of the larger real estate puzzle, it offers valuable protection for one of your most important investments - your home. If you’re buying or refinancing property in Vermont, be sure to consider both types of policies and consult your attorney or title insurance provider about coverage options. At Peet Law Group, we help clients throughout Vermont navigate real estate transactions with clarity and confidence. If you have questions about title insurance or would like help understanding your closing costs, our team is here to assist you every step of the way.

As Vermont’s population ages, many seniors are choosing to transition from larger family homes to properties that are easier to manage and better suited to their current needs. Whether it’s a one-level house, a maintenance-free condo, or a senior living community, the move to a more accessible and practical home can be a smart and empowering step. But behind every successful move is a legal process that must be handled with care—especially when mobility limitations, health concerns, or estate planning goals are involved. At Peet Law Group, we regularly assist seniors and their families in navigating Vermont real estate closings with dignity, clarity, and peace of mind. We understand that downsizing is more than just a transaction—it’s a life transition that often involves emotional, financial, and legal complexities. Why Seniors Are Choosing to Downsize Many of our senior clients are motivated by a desire to simplify their lives. For some, maintaining an older or multi-story home has become too difficult. Others are facing health issues that require single-level living or want to be closer to adult children, doctors, or supportive services. In other cases, financial considerations—such as lowering property taxes or tapping into home equity—play a role. We also see seniors planning proactively for the future. Selling now may help them prepare for the possibility of needing caregiving support or setting up their affairs for easier estate administration later. The Legal Side of Downsizing When seniors buy or sell property, there are often unique legal details that need attention. Property may be owned jointly with a spouse, held in a revocable trust, or subject to old liens or family agreements that haven’t been reviewed in years. Our team carefully examines the deed and title to make sure everything is in order and that the correct party is authorized to sign. If a spouse has passed or title history is unclear, we work to resolve any issues before closing day. Another key consideration is whether a Power of Attorney (POA) is needed. Some seniors may prefer, or need, a trusted family member to handle signing duties or manage the transaction on their behalf. We help families prepare or review POAs to ensure they meet Vermont’s legal standards, include proper real estate powers, and are accepted for recording. Having a valid POA on file not only helps during a single closing, it can also support long-term care planning. In cases where real estate is owned by a family trust, we ensure the trustee has the necessary legal authority and that the trust meets all Vermont requirements. We review the trust document, coordinate with title insurance providers, and confirm that all deed and affidavit paperwork comply with the law. Buying a Home That Meets Your Needs When purchasing a new property, our role goes beyond the contract. We help senior clients (and often their family members or caregivers) understand legal obligations related to the property. For example, if the home is in a condo association or age-restricted community, we review governing documents for any restrictions or maintenance obligations. We also confirm zoning compliance for accessibility modifications like ramps or widened doorways. And if shared driveways or private roads are involved, we make sure easements and road maintenance agreements are clearly documented. Supporting Families Every Step of the Way In many cases, it’s an adult child helping a parent relocate, or it’s a senior planning ahead to make life easier for loved ones. No matter the situation, Peet Law Group takes a thoughtful, respectful approach. We assist with all the legal paperwork, coordinate with real estate agents and lenders, and ensure nothing gets missed along the way. Our goal is always the same: to make the process as smooth and stress-free as possible. Talk to Peet Law Group If you or a loved one is preparing to downsize or transition into a new Vermont home, we’re here to help. With offices in Williston and White River Junction, we serve clients throughout Vermont with real estate closings, title insurance, and legal planning tailored to seniors and their families. Let us help you move forward with confidence. 📞 Call Peet Law Group at 802-860-4767 🌐 Visit: www.peetlaw.com 📍 Serving all of Vermont with real estate closings, title insurance, and legal advice for aging seniors and their families.

If you’re selling a home or property in Vermont, you may be wondering whether you need a real estate lawyer—and what exactly they do to support you in the process. At Peet Law Group, we help sellers navigate the legal side of real estate transactions with clarity, efficiency, and peace of mind. Here’s a closer look at what a real estate attorney does for a seller: 1. Drafts or Reviews the Purchase and Sale Agreement One of the most critical documents in a real estate transaction is the Purchase and Sale Agreement (P&S). While your real estate agent may use a standard form, your attorney will: • Review and explain key terms and deadlines • Negotiate changes, if needed • Ensure legal protections are in place for your interests 2. Assists with Title Issues Before closing, the buyer’s attorney will conduct a title search. If any issues arise—such as an old mortgage that was never properly discharged, a permitting issues if found or a lien is discovered, your attorney will work to resolve them quickly so the sale can move forward. 3. Prepares the Deed and Closing Documents In Vermont, sellers are responsible for preparing the deed, Property Transfer Tax Return, and other essential closing documents. Your attorney ensures these are accurate, legally compliant, and ready for signing at closing. 4. Coordinates with the Buyer’s Attorney and Title Company Real estate transactions involve coordination between multiple parties. Your attorney communicates with the buyer’s attorney, lender, title insurance company and Realtors to: • Answer questions • Deliver documents • Schedule the closing This coordination helps prevent delays and last-minute surprises. 5. Represents You at Closing At the closing, your lawyer will: • Review and explain documents • Confirm payoff amounts for mortgages or liens • Ensure you receive your sale proceeds correctly and on time In many cases, you don’t even need to attend the closing in person—your attorney can sign on your behalf with proper authorization. 6. Protects You From Legal Liability Selling property involves legal obligations. A Vermont real estate attorney ensures: • You disclose everything the law requires • Your deed transfers clean title to the buyer • Any post-closing obligations are clear and limited This can help you avoid disputes after the closing is complete. Why Choose Peet Law Group When Selling Property in Vermont? With offices in Williston and White River Junction, the attorneys at Peet Law Group have decades of experience representing sellers throughout Vermont. We offer flat-fee pricing, efficient communication, and a clear explanation of every step so you can close with confidence. Whether you're selling a family home, a condo, or investment property, we’re here to make sure your sale goes smoothly from contract to closing. 📞 Ready to sell your Vermont property? Contact Peet Law Group today to schedule a consultation. www.peetlaw.com

Vermont's Property Transfer Tax Explained: Who Pays More—and Who Pays Less

A deed is a written document that transfers title (ownership) of real estate from a seller (grantor) to a buyer (grantee). For a deed to be valid in Vermont, it must be in writing, signed by the grantor, and delivered to and accepted by the grantee. It must also be recorded in the land records of the town where the property is located to give notice to third parties. Vermont recognizes several types of deeds, each offering different levels of protection and responsibility. 1. Warranty Deed (General Warranty Deed) This is the most protective type of deed for the buyer. A warranty deed guarantees that the seller holds clear title to the property and has the legal right to sell it. It also includes warranties against any defects in title, even if those defects arose before the seller owned the property. Key features: • Seller guarantees good and clear title. • Seller promises to defend the title against all claims. • Used in most residential real estate closings in Vermont when title insurance is not being issued. 2. Quitclaim Deed A quitclaim deed conveys whatever interest the grantor has in the property, but with no warranties. That means the grantor is not making any promises about whether the title is clear or even if they truly own the property. Quitclaim deeds are typically used for: • Transferring property between family members or into a trust or LLC. • Clearing up title issues (such as correcting a name on a prior deed). • Transferring property as part of a divorce settlement. Because there are no guarantees, title insurance is strongly recommended when accepting property via quitclaim deed. 3. Limited Warranty Deed (Special Warranty Deed) Less common in Vermont, a limited warranty deed includes some guarantees—but only against defects that arose during the time the grantor owned the property. It does not protect the buyer against any earlier issues with title. These deeds are sometimes used in: • Commercial transactions. • Sales by corporate entities or fiduciaries who want to limit liability. 4. Executor’s or Administrator’s Deed Used when the property is being transferred from a deceased person’s estate. This deed is executed by the executor or administrator of the estate, not the decedent. Key considerations: • Usually offered as a limited warranty deed or quitclaim deed. • Common in probate sales or where a property passes through a will or intestate succession. 5. Trustee’s Deed When a property is held in a trust and sold or transferred by the trustee, a trustee’s deed is used. This document will typically include limited warranties, if any, and often recites the trustee’s authority under the trust instrument. Choosing the Right Deed Each type of deed carries different legal implications and potential risks. If you’re buying, selling, or transferring property in Vermont, it’s essential to understand which type of deed is being used and what it means for your rights. At Peet Law Group, we guide clients through every step of the closing process—including preparing and reviewing deeds—so they can move forward with peace of mind. Need help with a Vermont deed or property transfer? Contact the Peet Law Group today to speak with an experienced real estate attorney. With offices in Williston and White River Junction, we represent clients throughout Vermont in all aspects of residential and commercial real estate law.

At the Peet Law Group, we’ve noticed a new trend taking shape in Vermont’s real estate market: members of Generation Z—those born between 1997 and 2012—are entering the housing market earlier than expected. Whether it’s a first home, a remote work base, or an investment property, Gen Z buyers are making their mark across Chittenden County, the Upper Valley, and rural communities alike. Why Is Gen Z Buying in Vermont? Gen Z homebuyers are driven by a mix of lifestyle and financial considerations: Remote Work Flexibility: With many tech and creative jobs now fully remote, Gen Z professionals are choosing Vermont for its natural beauty, small-town charm, and high quality of life. Affordability (Compared to Urban Markets): While Vermont isn’t the cheapest place to buy a home, it offers far more value—and far less competition—than hot markets like Boston or New York. Climate and Sustainability Values: Gen Z is environmentally conscious. Vermont’s green policies, walkable towns, and emphasis on sustainable living resonate deeply. Desire for Stability: In an uncertain economic climate, some younger buyers are opting to purchase instead of rent, especially when interest rates drop or they receive family assistance with down payments. What Gen Z Should Know Before Buying in Vermont Buying your first home is a big step—and in Vermont, the process has some unique aspects: Vermont Is an Attorney State: Unlike some states where a title company handles the closing, Vermont requires an attorney for real estate transactions. At Peet Law Group, we’ll guide you through contract review, title searches, and the closing process. Septic and Well Systems Are Common: Especially in rural areas, many homes are not on public water and sewer. Understanding these systems—and your rights and responsibilities—is crucial. Energy Efficiency Incentives: Vermont offers rebates and incentives for weatherization, solar installations, and heat pumps—programs many Gen Z buyers prioritize. First-Time Buyer Programs: Vermont Housing Finance Agency (VHFA) and other organizations offer down payment assistance, reduced-rate mortgages, and tax credits for qualifying first-time homebuyers. How Peet Law Group Supports Gen Z Buyers We understand that buying a home can feel overwhelming—especially when you're balancing student loans, working your first job, or learning about property taxes for the first time. At Peet Law Group, we help Gen Z clients: Understand their contracts and negotiate contingencies Avoid common pitfalls like uninsurable title issues or zoning violations Coordinate with lenders and agents to keep everything on track through closing day Feel empowered and informed every step of the way If you’re part of Gen Z and thinking about buying a home in Vermont—whether it’s in Burlington, Barre, Brattleboro, or beyond — The Peet Law Group is here to help. Our team of experienced real estate attorneys is committed to making the process smooth, secure, and stress-free. Have questions about buying your first home in Vermont? Contact Peet Law Group today to schedule a consultation and take the first step toward homeownership with confidence.

Purchasing an investment property that already has tenants in place can be a great opportunity to generate rental income from day one. But it also comes with unique legal and practical considerations. At the Peet Law Group , we guide buyers through every aspect of the real estate transaction—including how to navigate tenant-occupied properties—so you can make an informed investment with confidence. Benefits of Buying a Tenant-Occupied Property One of the biggest advantages of buying a property with existing tenants is immediate rental income . There’s no downtime or need to market the unit—you step into an income-producing asset from day one. Additionally, an established rental history provides valuable insight into how the property performs financially and whether rent payments have been consistent. Review the Existing Leases Carefully When buying a tenant-occupied property, you are inheriting the existing leases —not starting fresh. That means you need to read the lease agreements thoroughly: • How much are the tenants paying? • When do the leases expire? • Are there any rent concessions or unusual terms? • Are there automatic renewal clauses or early termination rights? Understanding these details helps avoid surprises and ensures you’re comfortable with the legal obligations you’re assuming as a new landlord. Transferring Security Deposits Security deposits must be properly transferred from the seller to the buyer at closing. You should also get a written accounting of each tenant’s deposit, including any deductions taken during the seller’s ownership. Failing to handle this properly could expose you to liability under Vermont landlord-tenant law. Why You Need an Estoppel Letter An estoppel letter , or tenant estoppel certificate, is a signed statement from each tenant verifying key details about their lease. It typically confirms: • The amount of monthly rent • Lease start and end dates • Security deposit amount • Whether the landlord is in breach of any lease terms These letters protect the buyer by verifying that the information provided by the seller matches the tenant’s understanding. If there’s a dispute later, the estoppel letter can serve as valuable evidence. Municipal Rental Regulations and Compliance Some Vermont municipalities—including Burlington, South Burlington, Winooski, and Barre—require rental property registrations, inspections, or certificates of compliance . Before closing on a tenant-occupied property, it’s critical to check with the local municipality: • Is the property currently registered as a rental? • Are inspections up to date? • Are there any outstanding violations? Buying a noncompliant property can delay your ability to collect rent and potentially expose you to fines and expensive repairs. Final Thoughts Buying a property with tenants can be a smooth and profitable investment— if you know what to look for . At Peet Law Group, we have decades of experience guiding investors through Vermont’s residential real estate landscape. Whether it's ensuring proper transfer of security deposits, or confirming municipal compliance, we’ll make sure you’re protected at every step. Thinking of buying a rental property in Vermont? Contact the Peet Law Group today for experienced legal guidance tailored to your investment goals.

At the Peet Law Group, we help Vermonters navigate the legal side of buying, selling, and owning residential real estate. One of the most common questions from first-time homebuyers and long-time renters alike is: "Should I keep renting, or is it time to buy a home?" The answer depends on your goals, finances, and long-term plans—but there are compelling advantages to homeownership that are worth considering. Benefits of Owning a Home in Vermont 1. Building Equity Instead of Paying Rent When you rent, your monthly payments go to your landlord. When you own, your mortgage payments help you build equity—ownership value in your home. Over time, this equity can grow, especially if home values in your area increase. 2. Stable Monthly Payments With a fixed-rate mortgage, your monthly principal and interest payments stay consistent. Rent, on the other hand, can increase year after year, especially in competitive housing markets. 3. Tax Advantages Homeowners may be eligible for certain tax deductions, including mortgage interest and property taxes. While tax benefits depend on your situation, they can reduce your overall tax burden and make homeownership more affordable. 4. Freedom to Personalize Your Home Homeowners can renovate, decorate, and make changes without needing a landlord's permission. Whether it's painting a room or installing a new kitchen, owning gives you control over your living space. 5. A Long-Term Investment Real estate is generally a sound long-term investment. While markets fluctuate, homes in Vermont have historically appreciated in value, making ownership a potentially rewarding financial decision over time. When Does It Make Sense to Own Instead of Rent? Owning a home isn’t the right decision for everyone—but here are situations where buying may make more sense than renting: • You plan to stay in the area for several years. If you expect to live in one place for at least 3–5 years, owning typically makes more financial sense than renting. • You have stable income and good credit. Lenders look for consistent income and a solid credit history. These factors will help you qualify for a mortgage at a competitive rate. • You have enough for a down payment and closing costs. While some programs allow low down payments, it’s important to be financially prepared for upfront costs. • You're ready to invest in long-term financial growth. Homeownership often builds wealth over time and gives you a tangible asset that renting cannot. What If You're Not Sure? At Peet Law Group, we understand that deciding whether to buy or rent a home is a major decision. Our Vermont real estate attorneys have helped thousands of clients evaluate their options and protect their interests when buying a home. If you’re thinking about making the leap from renter to homeowner, we’re here to guide you through the process with clear legal advice and flat fee pricing. Ready to explore homeownership in Vermont? Contact Peet Law Group today to schedule a consultation and take the first step toward owning your home. Visit us at www.peetlaw.com or call our office to learn more.

If you're buying or selling a home in Vermont, you're likely already navigating a long checklist of tasks: finding the right property, arranging financing, coordinating inspections, and scheduling the closing. But one crucial decision that often gets overlooked is how your real estate attorney charges for their services. At the Peet Law Group, we believe in transparency, predictability, and value. That’s why we charge flat fees for virtually all residential real estate transactions. What Is a Flat Fee in a Real Estate Transaction? A flat fee is a predetermined, all-inclusive amount that your real estate attorney charges for handling your transaction from start to finish. Whether you’re buying or selling, this fee covers essential legal services such as: • Reviewing and explaining the purchase and sale contract • Examining and certifying title • Coordinating with lenders, agents, and other parties • Preparing closing documents • Attending and overseeing the closing This structure offers peace of mind because you know upfront what your legal fees will be—no surprises, no ticking clock. What Is an Hourly Rate? In contrast, some attorneys charge by the hour. This means every phone call, email, contract revision, or meeting could add to your final bill. Hourly billing can be unpredictable and stressful for clients, especially when unforeseen complications arise. At Peet Law Group, we only bill hourly in rare cases, such as when a transaction involves a highly complex title issue or a legal dispute between parties. These situations are the exception, not the rule. Advantages of Flat Fee Billing for Vermont Real Estate Transactions 1. Cost Predictability Flat fees let you plan your budget with confidence. You know exactly what you’re paying and what you’re getting in return. 2. Efficiency and Simplicity With a flat fee, our attorneys can focus entirely on helping you close the deal efficiently and accurately—not on watching the clock. 3. Full-Service Representation You get comprehensive legal support from start to finish, without worrying whether a phone call or question will increase your costs. 4. Better Communication Clients are often more comfortable reaching out with questions or concerns when they know they're not being billed by the minute. Why Choose Peet Law Group? With decades of experience in Vermont residential real estate law, the Peet Law Group offers straightforward, flat-fee pricing for nearly every home purchase or sale. Our pricing structure reflects our commitment to clarity, value, and professional service. We’re here to make your home buying or selling process as smooth and stress-free as possible. If you do encounter an unusual legal issue, we’ll discuss the scope and cost of any additional services up front—no surprises. Ready to Work with a Flat-Fee Real Estate Attorney in Vermont? If you’re buying or selling a home in Vermont and want clear, predictable pricing with experienced legal support, contact the Peet Law Group today. Let us help you close with confidence. Visit www.peetlaw.com to learn more or to schedule a consultation.