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Real Estate Law

RNN LAW > Real Estate Law (Page 3)

Texas For Sale By Owner Documents

Occasionally situations arise where a real estate broker is not needed in a real estate transaction. Circumstances would include the buyer and seller knowing each other, a hot real estate market (like the one in Frisco, Texas), and many others. In those circumstances, the buyer and seller often need assistance generating the legal documents to form a binding contract and transfer the property. Although general form sets are online, they can be risky to use because every real estate transaction is a little different. Instead, hire a real estate attorney to make sure it’s done right. Most real estate lawyers’ prices...

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Five Important Terms of a Commercial Lease Agreement

Commercial lease agreements can be one of the most important documents for your business. For many businesses, it is the highest non-payroll expense. A business owner needs to make sure that he/she understands the lease and the impact of its terms. It is always a good idea to hire a real estate attorney to review the commercial lease agreement, but you also need an independent understanding of some basic ideas. 1.         Types of leases – There are two primary types of leases and a lot of variation of how they are applied. The first primary type of lease is called a...

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Property Tax Protest Deadline ? May 31, 2013

Hello Texas residents. This is a reminder that the general protest deadline for property taxes is May 31, 2013. If the Notice of Appraised Value was mailed after May 1, then the deadline would be thirty (30) days from the date the notice was mailed. Proper reasons to protest include the following: (i) disagreement as to the market or appraised value of the property; (ii) the unequal appraisal of the property; (iii) the inclusion of the property on the appraisal roll (iv) the failure to apply exemptions; (v) qualification of timber or agricultural appraisals; (vi) taxable status of the property; (vii) the property is not within a particular...

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