Property transactions, such as purchases and exchanges, are frequent in our economy and are typically rare for the average individual. Unless a person involved with buying and selling property does so for an occupation, the average person will only have to make large...
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Real Estate Transactions
Key questions to ask when engaging a real estate attorney
Whether you are buying, selling or renting, real estate transactions can be quite complex. As such, it is crucial that you engage an experienced real estate attorney to help you navigate the process. After all, a real estate attorney understands better than anyone the...
What does it mean when a title is “clouded”?
If you have looked into purchasing a home and find out that the property has a cloud on the title, then that should stop you in your tracks. Having a cloud on a title means that there is potentially an issue with the property’s title, such as a lien being placed on it...
How can I determine who the real seller of a property is?
As you well know, not all property owners are families looking to relocate. Many times, properties are owned by real estate investors or even corporations that are trying to get rid of the property for a solid return on their investment. As such, the seller’s true...
Do you need a partition lawsuit or a quitclaim deed?
One of the biggest downsides to quitclaim deeds is that the legal process only conveys the property rights that the person conveying the deed actually owns. This means that any third-party claim to the property ends up being conveyed along with the transfer, something...
3 crucial tasks a real estate closing attorney can complete
A residential real estate transaction represents a significant transfer of money between numerous parties. Lack of planning and attention to detail can have devasting consequences to all involved. Realtors will often look to an attorney to provide insight and guidance...
3 tips for a better lease agreement
As a landlord, you want to protect your bottom line. One way to do that is by having a better leasing agreement. Your tenant may want to negotiate and add more to your lease, but you should know exactly where you stand, your legal rights and responsibilities as a...
Cash may be king, but be wary of all-cash deals with real estate
There’s no question about it — the real estate market right now is absolutely wild. Even modest homes are getting multiple bids from would-be buyers and selling for more than their asking prices. Cash sales, which historically have accounted for very few purchases,...
What to know about procuring cause and earning commission
Many realtors love to help buyers find their dream homes. They enjoy connecting with people and aiding them in one of the biggest purchases of their lives. Realtors also spend a lot of time helping home sellers sell their home and move on to something new. In the...
Understanding the real estate jargon can be invaluable
When you're buying or selling property, either as an individual or as a property owner, you will need to learn the specific language that is used within real estate contracts. If you fail to understand this language and do not hire an attorney to assist you, you run...