A real estate title attorney can help with the varying state regulations and laws governing any real estate transaction. Professional, knowledgeable, and dedicated to your property needs, a real estate title attorney will fight on your behalf. This partnership can provide protection for you during the entire sale process and beyond. An attorney may be needed if there are any issues with property services or issues with zoning during this time period.
When it comes to your current real estate transaction or investment, you’ve likely interacted with an inspector, a realtor, and probably even a lawyer. However, when it comes to the title of your property, a successful closing transaction will require some past information about the property. Oftentimes, completing a thorough title search on your own, without the proper legal background can be challenging.
Title companies can provide buyers and sellers with the protection they need when it comes to the legal jargon and paperwork required of your transaction. In addition to facilitating the transaction, a title company protects lenders.
Here are some of the roles and responsibilities of a real estate title company:
Did you know that in a real estate transaction, average closing costs for the buyer run between about 2% and 5% of the loan amount? Real estate transactions can be difficult no matter if you're purchasing a residential or commercial property. As your price tag grows, your agreements can become more complex, leaving you more exposed to risk.
Investing in real estate involves many legal documents that will have long-term consequences for both parties involved in the transaction, if not handled correctly the first time. Working with an experienced closing attorney can provide you and your agents with the guidance and assurance needed to confidently make it through your closing process.
Here’s everything you need to know about your real estate closing transaction:
When it comes to your property taxes, rates and dates will differ from state to state. However, as a general rule of thumb, if you are confused about your property taxes, exemptions or more, a local real estate attorney can make sure you take all the right steps in the process.
In Tennessee, depending on your specific piece of land, you may qualify to be a part of the Greenbelt Law. Under the Agricultural, Forest and Open Space Land Act of 1976, better known as the Greenbelt Law, certain land is taxed based on its present use instead of its market value. By reducing the tax burden on farms and forests, the law preserves food and fiber production and maintains open space for public enjoyment.
Here’s what you need to understand about Greenbelt Taxes:
When it comes to your real estate transaction, understanding a standard purchase and sale agreement will be important. Property purchases and sales aren't as straightforward as you might think. The nature of these real estate transactions usually involves large sums of money and will require adequate legal protections for both parties to avoid any misunderstandings. A standard purchase and sale agreement provides such protections.
A legally-binding agreement between buyer and seller, such as the purchase and sales agreement, sets out the conditions the buyer and seller must meet before a sale can be completed. Such agreements are critical to the buying and selling of a piece of real estate. In order to avoid negative surprises between the time of the initial offer and closing, the purchase and sales agreement thoroughly explains what is expected to avoid misunderstandings between both parties.
Here’s what you need to know about purchase and sales agreements:
Did you know that all 50 states in the U.S. are subject to flooding regardless of your geographical location? With that in mind, protect your property against any natural disasters will likely be important to you.
Did you know that in cases of forced heirship, the estate of a deceased is separated into two portions which tends to guarantee an inheritance for the family of the deceased. If you or a loved one is currently dealing with a situation that may require you to file an affidavit of heirship, or you are uncertain about your situation, then you’ve come to the right place.
Affidavits of Heirship are used in some states to establish the legal heirs of a person who dies without a will. While grieving the loss of a loved one, it can be difficult to understand the laws involved with heirship, intestacy, and probate. To determine whether these forms may be required or if a probate should be issued in place of these forms, you should consult a real estate attorney.
Here’s what you need to know:
As Nashville, Tennessee becomes more densely populated, neighborhoods are beginning to witness an increase in dual homes on one plot of land. These types of properties are called Horizontal Property Regimes (HPRs) and are an increasingly popular classification of property, especially in the Nashville area.
Driving through your local neighborhood in Nashville will reveal numerous examples of HPRs. There are many examples of new homes being built on lots with only one home before. With such an interesting trend spike in new home construction, understanding just what HPR’s are and how they affect neighborhoods could be important to you.
Did you know that currently, Gen X is the largest generation of homebuyers? While you might not consider yourself gen x, you’ll definitely want to understand the real estate closing process for when you are ready to buy a home!
In order to successfully close a real estate sale or purchase, many aspects must work together in harmony. Due to this, you may find yourself facing a range of issues before the closing date.
Outside of our real estate closing guide, an experienced closing attorney can walk you through these processes to find a solution that completes your transaction.
Keeping surprises to a minimum is beneficial to both parties in a real estate transaction, since it makes things as simple as possible for everyone.
Here’s what you need to know about real estate closings: