When buying or selling property, the closing process is a significant step. It marks the finalization of the sale, where ownership officially transfers from seller to buyer. Understanding what happens during this process can help you prepare for a smooth transaction....
Real Estate Law
What limits apply to renting your home short-term?
Short-term rentals have changed how people use their homes. But if you're a homeowner, you might wonder how these rentals affect your rights. It's important to understand the rules before opening your door to guests. Zoning laws and local ordinances Cities and...
3 possible ways to delay a foreclosure
Facing the potential loss of your home might feel like a hopeless situation, but you may have a chance to save your property by delaying the foreclosure. Doing so can give you enough time to recover financially, save for new housing or even avoid foreclosure...
When can a quiet title action help you?
Real estate can become complicated when there is confusion about who owns the land or property. Disputes over real estate ownership can result in failed investments or difficulties in making a sale. One way to address disputes over property rights is through a quiet...
When is litigation necessary for a real estate title dispute?
Real estate title disputes can sometimes arise when questions about ownership or property rights are unclear. It is often possible to resolve these disputes through negotiation, mediation or other alternative dispute resolution methods. However, there are instances...
Texas homestead laws you need to know
Texas passed the first homestead law in the United States, pioneering the country's use of these laws. The idea was to protect homeowners' lands from seizure due to loan default. Other states followed, and the homestead law became a critical Texas contribution to...
Why would you consider removing a contingency clause?
In a real estate transaction, a contingency clause may be used to provide certain protections. Generally, these clauses help the buyer. A contingency clause protects them from agreeing to something that they would later regret. For example, perhaps you’ve been looking...
What are adverse possession laws?
It’s a nightmare scenario - someone else takes possession of your property without your permission. It sounds like something that could never happen in Texas. However, due to adverse possession laws, it’s exactly something that could happen. Knowing the details of the...
3 reasons your property title might end up in disputes
The title of the property outlines crucial information like who owns it, where it is located, title number and boundary marks. These are vital pieces of information if you are planning to sell or buy a property. They are also crucial when using the property in...
Possible problems your real estate contract can address
Buying a home should proceed without any drama. Unfortunately, some homebuyers encounter unexpected problems that delay the closing or derail the purchase entirely. This is something to consider when putting together your real estate contract. There are many possible...