Whether you’re buying or selling a home or a commercial property, your real estate transaction is likely one of the largest purchases you’ll ever be involved with. Even when everything goes smoothly, these transactions can be mentally draining and time-consuming. When something does go wrong and the other party breaches the contract, it could cost […]
Environmental regulations affect a growing number of real estate transactions as companies and government entities strive to protect our natural resources and habitats. However, environmental restrictions and regulations can have a profound impact on transactions, leading to negative outcomes for both buyers and sellers. No matter which side of the transaction you are on, it’s […]
Whether you’re a landlord or tenant, you’ve likely considered the benefits and drawbacks of both month-to-month and fixed-term leases while navigating the rental market. While there is no cut-and-dry answer about which type of lease is best for your specific situation, understanding the legal considerations of both types of leases can help you make the […]
When you arrange to buy a home via a private deal, you may feel like you’ve won the lottery. The real estate market is increasingly challenging for buyers, and securing a property outside the normal market can help you skip much of the stress and anxiety that comes with finding the ideal property. However, finding […]
When a property owner is selling commercial property currently utilized by tenants, it is crucial that they protect the rights of those tenants throughout the process. This can make the selling process slower, as they may be limited by the tenants’ hours of operation and other use of the space—but failure to uphold those rights […]
A lease is a legally binding contract that outlines the responsibilities and rights of both the tenant and the landlord. Most tenants who sign a lease intend to stay out the entirety of their lease term, but life happens—and when the unexpected happens, breaking a lease may be the only option available. Leaving before your […]
Commercial property sales come with a long list of unique challenges that those who work in residential real estate do not have to think about. However, when you’re buying or selling a piece of vacant commercial real estate, there are even more issues to consider. Vacant property can attract all sorts of attention, and it’s […]
Transferring property within a family is a common way to keep important real estate within the family and help younger generations build their wealth. However, it’s essential to understand the different ways you can transfer property to family members, as they have very different tax and legal implications. The way in which you transfer property […]
In the realm of private sales, buyers and sellers often eschew many of the steps and procedures taken during sales between strangers. However, even if you are engaging in a private sale with someone you know well, it’s important to protect both parties’ best interests by using escrow. Escrow is a neutral third party that […]
The real estate industry has recently undergone a major transformation following a settlement involving the National Association of Realtors (NAR). This settlement has brought about notable changes in the way real estate commissions are determined, offering both opportunities and challenges for home buyers and sellers. Most notably, the settlement effectively ends the long-standing model of […]
