Rochford Resources Blog

By Rochford Law Posted on November 25, 2021 at 2:06 PM

Roles & Responsibilities of a Title Company

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:

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Topics: Nashville Real Estate, Real Estate Attorney, Real Estate Lawyers

By Rochford Law Posted on November 18, 2021 at 1:51 PM

Home Closing 101: Be Prepared

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:

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Topics: Nashville Real Estate, Real Estate Attorney, Real Estate Lawyers

By Rochford Law Posted on November 11, 2021 at 11:57 AM

Understanding Greenbelt Taxes

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:

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Topics: Nashville Real Estate, Real Estate Attorney, Real Estate Lawyers

By Rochford Law Posted on November 4, 2021 at 11:08 AM

Your Property: Understanding the Purchase and Sales Agreement Process

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:

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Topics: Nashville Real Estate, Real Estate Attorney, Real Estate Lawyers

By Rochford Law Posted on October 28, 2021 at 12:07 PM

Flooding Insurance: What You Need to Know

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.

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Topics: Nashville Real Estate, Real Estate Attorney, Real Estate Lawyers

By Rochford Law Posted on October 22, 2021 at 11:57 AM

What is an Affidavit of Heirship?

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:

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Topics: Nashville Real Estate, Real Estate Attorney, Real Estate Lawyers

By Rochford Law Posted on July 16, 2021 at 11:54 AM

A Nashville Real Estate Attorney can Save You Money

With 33% of home investors being first-time buyers, the role a real estate lawyer can play during the closing process is extremely important. Closing a commercial property in Nashville is not always easy. However, remember to pay close attention to the particulars of your agreement.

Even though specific details vary depending on the transaction, there are several overarching processes that are important to consider. With the help of an experienced real estate attorney, you can guarantee that none of these items will be overlooked, and that all of your questions will be answered.

Here are the top ways a real estate attorney can help expedite your property purchasing process:

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Topics: Real Estate, Real Estate Attorney, Real Estate Lawyer, Real Estate Lawyers

By Rochford Law Posted on July 9, 2021 at 11:46 AM

Tennessee Utility Easement Laws: What You Need to Know

When purchasing real estate, as opposed to renting, you now can use the property the way you see fit while adhering to local codes and laws. In some circumstances, others have a right to use your property in a certain way, even if they have no claim to ownership.

Utility easements are one of the most common versions of this concept. In order to deliver power and water to public facilities, the power lines and pipes connecting our houses must run above and below our homes. It is possible for employees of the city to perform work on private property. You can avoid the stress that comes with knowledge of Tennessee utility easement laws by understanding them beforehand.

With that in mind, here’s what you need to know about utility easements in Tennessee before reaching out to a real estate attorney.

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Topics: Easement Law, Easements, Real Estate, Real Estate Lawyers

By Rochford Law Posted on June 8, 2020 at 7:00 AM

For Sale By Owner: Purchase Agreements and Litigation

Selling your own property can have a lot of benefits. You are in control of the whole process, and you save money by avoiding real estate agent fees. However, it also opens you up to potential issues. The process of selling a property is lengthy and occasionally convoluted. There are a lot of intricate details that need to be addressed properly.
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Topics: Nashville Real Estate Attorney, Real Estate Lawyers, Real Estate Nashville, Residential Real Estate Law, Selling Real Estate, Purchase and Sales Agreement

By Rochford Law Posted on May 19, 2020 at 7:00 AM

The Pros & Cons of Selling Your Home By Yourself (FSBO)

Selling your home can be one of the most rewarding, yet stressful processes you can go through. This is especially true if you decide to forgo the option of utilizing the services of a real estate agent. This is what’s known as For Sale By Owner (FSBO).
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Topics: Nashville Real Estate Attorney, Real Estate Lawyers, Real Estate Nashville, Residential Real Estate Law, Selling Property, Selling Real Estate

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