As a seller, you naturally want the transaction to be as smooth as possible before you hand over the keys to your property. Still, disputes may arise, deals may fall apart and you might encounter legal troubles. A key step to avoid such situations often involves...
Not A Deal Breaker
Real Estate Law
5 tips for dealing with homeowner associations
Living in a community governed by a homeowner association offers many benefits. For instance, neighborhoods with HOAs are usually well maintained, which can lead to higher home values. However, it also means adhering to specific orders and guidelines. If your desires...
How novation works in a real estate contract
Events and variables during a real estate deal are generally subject to change. Anything from alterations in home prices, closing costs, inspection issues and financing can cause you to rethink your current real estate contract. This could make it necessary to seek a...
Environmental indemnity agreements
Environmental indemnity agreements have become a standard practice in many real estate transactions, especially those involving commercial properties. These agreements serve to protect lenders and mitigate the risks associated with potential environmental...
A guide to real estate law and property ownership
Real estate law is an aspect of property ownership that everyone should be aware of. These laws outline the rules and regulations governing the purchase, sale and use of real estate property. Contracts and agreements Contracts and agreements, which specify purchase...
Do I have to get a property inspection before buying?
When you want to buy a property, it is always in your best interest to get an inspection. It is usually not a requirement, but some lenders may make it mandatory. Even if you do not have any obligation to get one, you should still do it. A property inspection gives...
What reasons can you evict a tenant?
If you plan to rent property in California, you must understand the various protections for the renter and the owner. Under the Tenant Protection Act, multiple protections are in place that restrict what property owners can and cannot do regarding their property when...
Real estate financing: Is prequalification or preapproval more important?
When purchasing real estate, most people and investors require financing through a traditional lender. As you research your options, you may see two different terms: preapproval and prequalification. While some lenders may use both terms interchangeably, they...
What to know about security deposit disputes
The security deposit is the money you take from your tenant to protect yourself if the tenant breaks any lease terms. You can use the deposit to pay for damages, cleaning, key replacement or to pay for unpaid rent. It is vital to understand security deposits before...
3 title issues to watch out for
While purchasing a new piece of property can be an exciting venture, you also have to watch out for various risks. The more you watch out for, the less likely you will make a mistake that may compromise your investment. If the seller has unresolved problems with the...