Real Estate Law Litigation information –
If you’re interested in purchasing real estate, then there are undoubtedly many legal terms that you will come across. These terms will intertwine with the laws that apply to them. With the right lawyer on your side, you will gain a better understanding of these laws and legal terms, which will go a long way in allowing you to rest assured that you are handling your real estate litigation in the best manner possible.
It’s imperative that you understand the laws and legalities of the real estate terms you come across will differ from one state to the next, and possibly from one city to the next. For the most part, though, the following definitions apply.
Rights and interests in real estate and real property: The interests held in real estate and real property can be acquired in various ways, including by an owner or some party who is entitled in the future to become an owner of the property.
Transfers and other types of transactions, including sales and purchases, of real estate: The only way that the sale, purchase or transfer of real estate property can take place is via some type of legal method. This can include through an actual sale from a seller to a buyer, through a will or by decree of the court.
Rental property legalities and other legal matters related to landlord issues: There are numerous issues that you will come across as a landlord. From being responsible for maintenance expenses to filing eviction notices, these legalities can become quite complex.
Tenants’, renters’ and homeowners’ rights: On the other side of the fence, it’s imperative that you know the rights of any people who are renting or living in any of your real estate properties. This includes rights regarding the amount of a security deposit that you are allowed to charge them, the amount of time that you must give them in advance when evicting them, and their right to have a safe and healthy place to live. For more information on the rights of tenants, renters and homeowners, contact our law offices.
Title to real property: Real property can only be passed onto another person via a transfer of title. There are several ways that titles can be held –sole ownership, joint tenancy, community property, tenancy in common, tenants by entirety.
Settlement of claims against property rights: When it comes to the settlement of claims brought against property rights, your best bet is to hire an experienced real estate property attorney who has much experience in handling these types of cases. The legalities can be very tricky, however, a professional attorney will know the ins-and-outs of the laws.
Property development, zoning and land use: There are many zoning laws that must be complied with in order for property development to take place. A real estate lawyer can help you understand these zoning laws as well as connect you with the appropriate agencies to get your property development projects started and completed.
Home loans and foreclosures: In order to purchase a home or any type of real estate property, most people have to acquire a home loan. After so many years, if the loan is successfully paid off, the ownership of the property will transfer to the who took out the loan. If successful payments are not made, foreclosure will take place.
The Importance of Finding the Right Real Estate Attorney
An experienced real estate lawyer can help you negotiate deals with prosecutors in the event that you find yourself facing criminal charges. More importantly, this attorney may be able to help you get charges dismissed.It’s pertinent that you find the right real estate lawyer you need. If you don’t, you very well could find yourself facing criminal charges. Even as unintentional as you may be, there are many criminal offenses that can take place when handling real estate, especially when you get into selling, buying or renting real estate.
The lawyer will be familiar with local laws and regulations, meaning he or she can help you avoid criminal charges; this is why it’s so important to hire a lawyer from the get-go. As soon as you start making any type of real estate transaction –buying, selling, or renting– a real estate lawyer will be of essential value.