House prices are soaring, and mortgage companies are scrutinizing buyers harder than ever before. You need great credit, a lot of money to put down and extra cash for all appraisals and other “extra” costs of purchasing a home. When you’re paying more for rent every...
We Understand The Ins And Outs Of Real Estate Law
Year: 2022
Signs that a real estate deal might be too good to be true
You have searched for a new home for several months now. Finally, something has come up. You’ve spotted the ideal house. It has great facilities and plenty of space for your young children. The house is also for sale at a price that is well within your budget. It...
Shutting off a tenant’s utilities could get you in trouble
If you have a difficult tenant who you want out of your premises, frustrating their stay sounds like a sure way of getting them to vacate. Turning off their utilities like water, heating or power may seem like the perfect plan, but it is not. You could get in legal...
5 issues often caused by problem tenants
You try to vet your tenants so that you don't have any issues and you get good tenants who are respectful of the space and who work with you every step of the way. But you don't always have enough time to make sure that you've gotten this perfectly right, or...
Tough questions to ask yourself when planning for the end of life
Thinking about a time when you are ill or nearing the end of life is uncomfortable but crucial. Most people want to retain control over their healthcare for as long as possible. However, not enough realize that estate planning can help you do just that. In estate...
What is a latent defect in construction?
You run a construction company, so you're always wary that clients may make claims that you have built them a defective property. In some cases, these claims have absolutely no grounds, such as when the client simply doesn't like the aesthetic choices but you followed...
What is a landlord obligated to do regarding habitability?
If you are a landlord of rental properties, then you have lots of responsibilities. You’re the go-to person that agitated tenants call when their toilet overflows, the air conditioning won’t cool their unit or the heat balks in January. But what are you legally...
Do you have to honor an easement on a new property?
An easement is a legal arrangement that means someone who does not own a piece of property does have a legal right to use it. There are many examples of how this happens, but one of the most common is when a person shares a driveway with a neighbor. That neighbor may...
Do you need to re-zone a vacant property to develop it?
Zoning rules help protect the characteristics of a community and the environment. However, sometimes they need to change to reflect the changing characteristics of a neighborhood. Property that was once commercial or even industrial could become a residential...
When selling a home, must you disclose nearby sex offenders?
Most people don’t sell a home very often, and that can leave you a little fuzzy about the rules you have to follow. You know that there are certain disclosures you have to make about the property that could affect both its value and any potential offers you might...