An easement appurtenant is one that is beneficial to a specific property. This means that it is essentially viewed as part of the property itself, or that it "runs with the land." Part of the property's value comes from the fact that the easement exists. The other...
Real Estate
What happens when a seller fails to disclose defects?
Buying a home is one of the biggest financial investments you’ll make. That’s why it’s upsetting and frustrating when you discover your new home has a defect that will cost thousands of dollars to repair, in addition to the money you’ve already spent to purchase it....
Who can pursue a mechanic’s lien against real property?
A mechanic’s lien is a way for professionals and suppliers to ensure payment after assisting with a project. Liens may follow new construction projects or projects to renovate or expand existing improvements. If professionals and businesses are not paid after thew ork...
What is a real estate contingency clause?
During a real estate transaction, contingency clauses are often used. These may be included in the purchase offer as part of the contractual obligation between both parties. A contingency clause means that the execution of that contract – the sale of the real estate –...
Do you have to establish an escrow account when buying a home?
Buying a home involves several key steps, from finding the right property to securing financing and finalizing the closing documents. One concern that generally must be addressed during this process is escrow. For first-time buyers, especially, the concept can be...
How does ADA compliance influence leasing of older buildings?
If you're leasing an older commercial property in Texas, ADA compliance can shape what you can and can't do with the space. Older buildings may not meet modern accessibility standards, and that creates legal and financial concerns for both landlords and tenants....
Avoiding an appraisal gap when bidding on real property
The residential real estate market is not quite as aggressive as it was a few years ago. Buyers are less likely now to face aggressive bidding wars the very first day that a property is on the market. However, the most competitive listings may still see multiple...
Addressing maintenance in a commercial lease
Commercial leases can help businesses grow. New companies can acquire commercial space without first needing to qualify for a loan to purchase property. Growing businesses can try out multiple locations to see what works best given their needs or expand into new areas...
Make selling your home easier with a quiet title action
Imagine you’re ready to close the deal on your home, only for the buyer to discover issues with the title, such as an old lien from years ago or a claim from a previous owner that was never resolved. It can halt the sale immediately, leaving you and the buyer...
What is a 1031 exchange and how can it benefit investors?
As a real estate investor, it’s generally a good idea to find ways to maximize your profits in the most efficient and effective manner possible. Some investors opt to use what’s known as a 1031 exchange as they build and finetune their portfolios to meet their goals....


