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QUESTIONS? MIKE KOGLER (302) 236-7648
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Mike Kogler TEAM is one of The Top Selling Real Estate Experts™
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Meet "The Mike Kogler Team" The Mike Kogler Team has been the Long & Foster Delaware Coatal Region's TOP PRODUCING TEAM 2004 through 2011; Current member of the Long & Foster "President's Club"; NAR; DAR; Sres; ePro. A New Approach in Residential Real Estate Sales. The Mike Kogler Team is a Residential Real Estate team formed by Mike Kogler in 2005 specializing in fine homes and condominiums throughout the coastal Delaware Beaches to include Rehoboth, Rehoboth Beach, Lewes, Bethany Beach, North Bethany, South Bethany, Oceanview, Millville, Millsboro, Fenwick, De., and the surrouding Delaware Beach areas. We are one of the highest producing teams in the region. Our mission is to provide our clients with sound business advice and represent their interests with the highest level of professionalism, intelligence and integrity in the industry. Our team is a high-end boutique affiliated with Christie's Great Estates and Long & Foster. The team structure enables us to prove our clients with the best of both worlds -the hands-on, high quality and professional service that a small team can offer, combined with the marketing horse-power and resources of the #1 real estate broker in the region. With four experienced agents on the team, we are able to offer local expertise throughout the Bethany, Lewes, & Rehoboth Beach area. The Mike Kogler Team functions as a high-end boutique within Long & Foster. This structure enables us to provide our clients with the best of both worlds, the hands-on, high quality and professional service that a small team can offer, combined with the marketing horse-power and resources of the #1 real estate broker in the region. Call or text: Mike Kogler @ (302) 236-7648, or Virgina Egan @ (302) 228-9878. Email:
Mike Kogler: michael.kogler@LNF.com
Virginia Egan:virginia.egan@longandfoster.com We look forward to hearing from you. 
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Real Estate Contracts >Signed Sealed and Delivered
Most people assume that when a real estate deed is signed, it is effective. However, there is one more essential part of the process. Even if a deed is properly executed, it is not effective until it has been delivered to and accepted by the buyer. This can sometimes create bizarre results. Here is an example.
An elderly man properly signed, sealed and acknowledged a deed to his nephew and placed it in an old tin box in his room, where it was discovered shortly after he died. The nephew lost a contest with other heirs over the property because the deed was not delivered, and therefore, was not effective at the time of the old man's death.
Until the deed is delivered, the title remains with the seller, who could change his mind at any time and destroy the deed. But once the deed has been properly delivered and accepted, the title passes and cannot be revoked. Thus the old, old saying: signed, sealed (and notarized) -- and delivered.
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| Q |
Which law allows a person to give another individual up to $10,000 a year without any tax consequences?
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| A |
The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year. |
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NUMBER1EXPERT®
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