Rochford Resources Blog

By Rochford Law Posted on June 15, 2020 at 7:00 AM

Horizontal Property Regimes 101: Everything You Need to Know

All real estate is not created equal. There are numerous types of real estate that can be used for varying purposes. The zoning of your property dictates what you can and cannot do with it.
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Topics: Commercial Real Estate, Horizontal Property Regime, HPR, Nashville Real Estate Attorney, Real Estate Attorney

By Rochford Law Posted on October 25, 2019 at 9:25 AM

6 Tips for Selling a Luxury Home

You’re getting ready to make what may be the biggest financial investment of your life—selling your luxury home.

In Tennessee, a luxury home is any home valued at more than $500,000, and selling one can be a lot of work.

Real estate agent Robin Ann Aggers, who has 16 years of experience and is a member of the National Association of REALTORS, offers the following tips.

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Topics: Real Estate Attorney, Selling Property, Selling Real Estate, Luxury Home

By Rochford Law Posted on October 21, 2019 at 9:00 AM

Why Title Insurance Matters in Real Estate Transactions

It feels like there’s insurance for everything these days. Title Insurance may seem like just another piece of legal minutia, but it’s actually a crucial part of buying property that can protect you from massive loss.

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Topics: Real Estate Attorney, Real Estate Title, Tennessee Real Estate Law

By Rochford Law Posted on June 25, 2019 at 10:36 AM

Buying Property in a Cash for Deed Transaction

Sometimes clients looking to cut costs on their next real estate closing have asked about the possibility of a "cash for deed." What does that mean, what are the risks, and how can this strategy save you money on your upcoming closing?  We will try to answer these questions for you.

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Topics: Real Estate Attorney, Tennessee Real Estate Law

By Rochford Law Posted on May 10, 2019 at 1:38 PM

Partition of Real Estate Property in Tennessee

Here’s a question we were recently asked: “My brother — who is incarcerated — and I co-own 133 acres of land in Tennessee. I want to sell but he doesn’t. There’s no way to fairly divide the property because of the dimensions of the land, much of which is in a flood plain. What can I do? And how are the legal fees paid?”

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Topics: Real Estate Attorney, Tennessee Real Estate Law

By Rochford Law Posted on November 20, 2018 at 10:45 AM

Understanding Tennessee’s Transfer Tax

Knowing what's expected of you at the time of closing on a property will protect you from financial surprises. Each state is allowed to determine its own taxes.  Kentucky, for example, has an income tax while Tennessee does not. In the State of Tennessee, a transfer tax is collected anytime anything of value is exchanged for the transfer of real estate. It's a hefty tax that can add thousands to the final cost.

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Topics: Property Tax, Real Estate Attorney, Tennessee Real Estate Law

By Rochford Law Posted on January 11, 2017 at 2:00 AM

How To Turn One Home Into Two Homes With An HPR

HPR stands for Horizontal Property Regime. In case you missed our last article on HPRs, we’ll fill you in before continuing onwards.

A Horizontal Property Regime is a legal way to divide a single property into two different properties, which is something that comes into play quite often in cities like Nashville. With Nashville’s economic boom, it has been estimated that as many as 100 people move here every single day.

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Topics: Horizontal Property Regime, HPR, Real Estate Attorney, Real Estate Investment, Real Estate Law, Real Estate Lawyer, Real Estate Nashville, Residential Real Estate Law

By Rochford Law Posted on December 15, 2016 at 2:00 AM

Why Hiring A Real Estate Attorney Can Be A Good Idea For Commercial Loans

A first glance, real estate law might seem like a very specific niche in the legal world. Well, it shouldn’t take much exploration to begin to understand just how much is encompassed by the term “real estate law.” Indeed, real estate law is a world unto itself, and one that often must be extended to include adjacent areas of practice. Indeed, real estate lawyers are forced to wear many hats!

Today we’ll be talking about one such instance of real estate law overlapping with other fields of practice. We often handle matters that blur lines between different areas of law, and the following matter is a perfect example of this.

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Topics: Commercial Loans, Commercial Real Estate, Commercial Real Estate Law, Nashville Real Estate Attorney, Nashville Real Estate Lawyer, Real Estate Attorney, Real Estate Law, Real Estate Lawyer

By Rochford Law Posted on June 23, 2016 at 2:00 AM

What Are Liens?

If you’re planning to buy real estate, as exciting as that can be, there’s also a lot that can go wrong. As such, it is very important that you are familiar with the dangers involved in making investments like this, and take steps to keep your property safe.

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Topics: Commercial Real Estate Law, Judgement Lien, Lien, Mechanic's Lien, Nashville Real Estate Law, Nashville Real Estate Lawyer, Real Estate, Real Estate Attorney, Real Estate Law, Real Estate Title, Residential Real Estate Law, Tax Lien

By Rochford Law Posted on June 16, 2016 at 3:00 AM

What You Need To Know About A 1031 Exchange

Buying and selling property and building a robust real estate portfolio can be an exciting experience for both parties, especially when profit, or gain, is part of the equation. Gain happens when property appreciates in value or when the seller takes advantage of depreciation deductions for tax purposes. In either case, it’s important to understand tax ramifications of your real estate transactions and how to make the most of your investment dollars. A 1031 Exchange may be a great option for maximizing your investment and getting the most out of your next commercial real estate investment.

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Topics: 1031 Exchange, Commercial Real Estate, Commercial Real Estate Law, Nashville Real Estate Law, Property Tax, Real Estate, Real Estate Attorney, Real Estate Law, Real Estate Title, Residential Real Estate Law

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