If you are financing your home, you will either sign a mortgage or a deed of trust. Which of these you will be signing is almost entirely a function of what state you live in. Most people are more familiar with mortgages, but if you live in a state where deeds of trust are the norm, it’s essential that you understand the difference between the two. As a prologue to this, it is first necessary to talk about promissory notes.
Enjoying its status as an “it city,” Nashville has been growing rapidly. With its economy in full flux, new businesses and residents arrive in Nashville constantly, and nowhere is this more evident than in residential neighborhoods. Once dicey, urban neighborhoods are now being rapidly gentrified as Nashville’s economy grows and young professionals invest in property.
As neighborhoods change and Nashville becomes more densely populated, many legal real estate issues are being forced to the surface. One such issue is that of horizontal property regimes (or HPRs).
Topics: Commercial Real Estate Law, Duplex, Horizontal Property Regimes, HPR, Nashville, Nashville Real Estate, News, Real Estate Law, Real Estate Lawyers, Real Estate Title, Residential Real Estate Law
The Tennessee law of easement frequently comes into play in conflicts between two adjacent property owners. Easements are a particularly nuanced area of practice, so if it’s something that you’re considering, it’s important to have your facts straight. We’ll start with the basics…
Are you having problems getting along with the co-owner of your property? Do you disagree about how the property should be used? Do you want to sell, but your partner wants to stay? If you can’t see eye to eye with your co-tenant, maybe a partition action is right for you. To begin, let’s look at two example scenarios where a partition action might be filed.