Foreclosure is a process that allows a lender to recover the amount owed on a defaulted loan by selling or taking ownership (repossession) of the property securing the loan. The foreclosure process begins when a borrower/owner defaults on loan payments (usually mortgage payments) and the lender files a public default notice, called a Notice of Default or Lis Pendens.

Pre-foreclosure refers to the state of a property that is in the early stages of being repossessed due to the property owner’s inability to pay an outstanding mortgage obligation. Reaching pre-foreclosure status begins when the lender files a default notice on the property, which informs the property owner that the lender will proceed with pursuing legal action if the debt is not taken care of. At this point, the property owner has the opportunity to pay off the outstanding debt or sell the property before it goes into foreclosure.

Pre-foreclosure in some states lasts more than 13 months. When you miss mortgage payments you could start a process that ends in your home’s foreclosure. There’s also a period of time between when your mortgage lender considers your loan in default and when it actually forecloses that’s called pre-foreclosure.

Visit the County Assessor. Most states now have additional tools available for free property title searches. You can find these on your state government sites under “county assessor.” You will have to select your county, and you can then searchthrough the listed properties.

Visit the County Assessor. Most states now have additional tools available for free property title searches. You can find these on your state government sites under “county assessor.” You will have to select your county, and you can then search through the listed properties.

Mortgage is a legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor’s property, with the condition that the conveyance of title becomes void upon the payment of the debt.

Owner-occupancy or home-ownership is a form of housing tenure where a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which he/she lives. This home can be house, apartment, condominium, or a housing cooperative.

Mover and shaker. noun. pl. movers and shakers. One who wields power and influence in a sphere of activity: “The importance of hanging out with the movers and shakers of the art world” ( Richard Colvin ).

A quitclaim deed is a legal instrument which is used to transfer interest in real property. The entity transferring its interest is called the grantor, and when thequitclaim deed is properly completed and executed, it transfers any interest the grantor has in the property to a recipient, called the grantee

Depending on the terms of the timeshare contract, an owner may rent their week or interval to another party in exchange for payment to the owner. There are third parties that will try and rent timeshares on behalf of their owners as a one-time event or an annual occurrence.

Divorce, also known as dissolution of marriage, is the termination of a marriage or marital union, the canceling or reorganizing of the legal duties and responsibilities of marriage, thus dissolving the bonds of matrimony between a married couple under the rule of law of the particular country or state.

Refer to Section 2, 14 and 15 of the SDS, which shows the chemical’s hazardous and dangerous goods classifications.

The number of pages in an SDS may vary and depends on the amount of information that exists for each particular substance. In Australia SDS should follow either the format outlined by the GHS (Globally Harmonised System) or the National Code of Practice for the Preparation of Material Safety Data Sheets, 2nd Edition (NOHSC2011-2003), which stipulate a 16-section format:

Section 2 – Hazards identification
Section 3 – Composition/information on ingredients
Section 4 – First aid measures
Section 5 – Fire fighting measures
Section 6 – Accidental release measures
Section 7 – Handling and storage
Section 8 – Exposure controls/personal protection
Section 9 – Physical and chemical properties
Section 10 – Stability and reactivity
Section 11 – Toxicological information
Section 12 – Ecological information
Section 13 – Disposal considerations
Section 14 – Transport information
Section 15 – Regulatory information
Section 16 – Other information

Online SDS are considered ‘accessible’ if employees have ready-access to these stored documents, however it is strongly recommended that printed hard copies are made available and kept where they can be found quickly in the event of an accident or emergency. It is recommended that a folder is kept clearly marked and with Safety Data Sheets stored alphabetically by trade name. High visibility SDS folders are available from Store Manifest.

Yes. Employers must make sure that all controlled products have an up-to-date (less than three years old) MSDS when it enters the workplace. The MSDSs must be readily available to the workers who are exposed to the controlled product and to the health and safety committee or representative. If a controlled product is made in the workplace, the employer has a duty to prepare an MSDS for any of these products.
Employers may computerize the MSDS information as long as all employees have access to and are trained on how to use the computer, the computers are kept in working order, and that the employer makes a hard copy of the MSDS available to the employee or safety and health committee/representative upon request.

1. The most common method is by performing an Internet search. Most companies have SDSs for the chemicals they sell available on their websites.
2. You can also contact the manufacturer of the chemical directly and request a copy.
3. The manufacturer or distributor of hazardous substances is required to provide an SDS for every substance that they distribute with the initial shipment. Be sure to file and keep these when they are received.

A Material Safety Data Sheet (MSDS) is a document that contains information on the potential hazards (health, fire, reactivity and environmental) and how to work safely with the chemical product. It is an essential starting point for the development of a complete health and safety program.

Before OSHA implemented its version of the Globally Harmonized System of Classification and Labeling of Chemicals (GHS), MSDS’s could be in any format. With the GHS changes, SDS’s now have a mandatory 16-part format. Likewise, MSDS’s required a more limited amount of information compared to current SDS’s. For example, compare the MSDS and SDS for benzoic acid:

1. SDS Version in standard 16-part GHS format.
2. An MSDS Version from the 1990’s.

See this OSHA Brief “Hazard Communication Standard: Safety Data Sheets” for more information about the currently required 16-part GHS format.

There are several places you can get them:

1. Your laboratory or workplace should have a collection of SDS’s that came with the hazardous chemicals you have ordered (don’t throw them away!)
2. Most universities and businesses have a collection somewhere on site. Check with your Environmental or Occupational Health Office or science librarian. Some organizations use commercial services to obtain printed, FAX or on-line copies of SDS’s.
3. You can get them from the distributor that sold you the material. If you can’t find them then contact the manufacturer’s customer service department
4. The Internet has a wide range of FREE resources. A handy list of 100+ such sites is on our popular Where to Find SDS’s on the Internet page.
5. You can purchase software or internet subscription services.

Under WHMIS law, an MSDS for a controlled product must not be more than three years old. If you are still using a product that you bought more than three years ago, you may not have a current MSDS. Contact the manufacturer or supplier again and ask for a newer version of the MSDS.

GHS(Global harmonized System):

GHS stands for the Globally Harmonized System of Classification and Labelling of Chemicals. GHS defines and classifies the hazards of chemical products, and communicates health and safety information on labels and safety data sheets).

Harmonized WHS Laws

The main object of the Act is to provide for a balanced and nationally consistent framework to secure the health and safety of workers and workplaces. It does this by maintaining and strengthening national harmonisation of WHS laws and facilitating a consistent national approach to WHS.

The GHS is not mandatory, therefore safety data sheets that comply with the GHS or the existing classifications can be used during this 5-year transition period.

A key change of the WHS Regulations is the use of hazard classes and categories under the GHS, instead of classes and categories. As it is not mandatory for Safety Data Sheets to be prepared according to the GHS until 1 January 2017, it is likely that you would have a mix of safety data sheets, some of which are prepared as according to the GHS.

Employers, employees, end users and emergency services personnel who are exposed to or could be potentially exposed to these products.