Property owners used to hold on to their house or apartment complex indefinitely. That's not the case with real estate owners anymore, though. They often trade up to better places or move into different markets, leaving them needing to sell their properties. ...
Year: 2021
How do I know if I have a claim for a defect after purchasing my home?
You just bought your dream home, and it cost well north of a million dollars. It’s a massive investment in your family’s future, and you believe that the home is in good condition. However, once you move in, you begin having some serious and expensive issues with the...
Common reasons why residents sue their HOAs
Many individuals who reside here in the Dallas Metroplex live in neighborhoods with homeowner associations (HOAs) in place. Communities like these generally have a board comprised of neighborhood residents that establish and enforce covenants. These bylaws aim, in...
Considering a “self-help” eviction? Think again
When you’re a landlord, good tenants can be hard to find -- and bad tenants can create serious problems for you both financially and legally. When you want rid of a troublesome tenant, however, you need to follow the correct process for eviction. Any self-help...
Delayed delivery of goods and services could be a contract violation
If you hire another company to render goods and services, and they sign a contract, they may assume that failing to deliver is the only way that they can violate the contract. You already paid them, so they have to fulfill the deal eventually to avoid litigation. ...
Do you have to tell a prospective buyer about a death in your home?
Every home has a few problems, whether it’s age, design, or disrepair -- but there’s a buyer out there for every property. An old maxim used by realtors says, “Every house sells, eventually.” You’re worried, however, about disclosing the fact that someone died...
What are the most common zoning and code violations?
As a property owner, something you should always understand is how your property is zoned. You also need to know that your property is up to the city or local area’s codes. If you don’t make the effort to understand the laws, then you could be in violation of zoning...
What is an FRI lease?
Whether you are a commercial landlord or a tenant, you need to know what an FRI lease is and how it may be used. It is much different than a traditional commercial lease and puts more responsibility on the tenant. This can be a good thing for the property owner,...
What recourses do you have when a seller fails to disclose home defects?
Are you upfront about an item's defects before trying to pawn it off on someone else? While you might be, not everyone is. Houses aren't just like any other assets, though. They're expensive. Any non-disclosures can prove to be quite costly. You may wonder what...
Do your Texas rental agreements protect your legal interests?
Leasing out your residential property can earn you money while also keeping your property occupied. Many people have gone on to earn a lucrative monthly income by renting or leasing residential properties. However, you must be careful when drafting rental agreements...