By Jason Culak | Published May 27, 2021 | Posted in Real Estate | Leave a comment
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Real Estate
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Residential Real Estate: Lawyers, Title Companies, and Agents, Oh My!
Residential Real Estate: Lawyers, Title Companies, and Agents, Oh My! The evolution of the internet and rapid increase in access to information has changed the way we buy and sell homes. While real estate agents still serve a vital role in the process on both sides of the transaction, many buyers and sellers are Read More
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Scams in Times of Disaster and Emergency
Scams in Times of Disaster and Emergency While Texans are generally prepared for major weather-related disasters during hurricane season from June through October, occasionally a rogue weather event, such as an artic blast, sweeps across the state causing severe and unanticipated property damage to residential and commercial properties. As individuals and businesses begin the review, Read More
Read MoreWill You Get Property Tax Relief Due to the COVID-19 National Emergency?
Governments, and even some private businesses, have worked to ease the burden on people who are struggling financially due to the COVID-19 pandemic. For people who are concerned about losing their home after being laid off or seeing their business revenue plummet, programs have been established to offer rent and mortgage relief. While many Read More
Read MoreConsiderations for Commercial Property Owners and COVID-19
The novel coronavirus (COVID-19) has wreaked havoc on the world and our nation, casting widespread uncertainty and hardship in seemingly every corner of the economy. With many commercial tenants in dire financial straits – particularly those who rely upon customer interaction (i.e. retail, restaurant, and entertainment) – commercial landlords are susceptible to both short- and Read More
Read MoreForeclosure and Eviction Relief for Homeowners During the COVD-19 Crisis
In March 2020, our economy came to a screeching halt as COVID-19 swept through our countries, states, cities, and homes. Businesses have been ordered to close, and individuals told to stay home to stop the spread of the virus. National, state and local officials are taking necessary steps on a daily basis to protect businesses Read More
Read More2019 Legislative Update – Texas POA Laws
In odd numbered years, Texas property owners associations (POAs) must consider any new laws affecting POAs that became effective following the Texas legislative session earlier that year. For 2019, a few such laws recently went into effect specific to residential POAs (but excluding condominium associations). HOUSE BILL 234 – Protection of Lemonade Stands House Bill Read More
Read MoreA Win for Property Owners: New Texas Law Makes it Difficult for Forced Annexation
The State of Texas is a strong advocate for protecting property owners from the forced taking of land, including eminent domain, foreclosure or annexation. This year, the Texas Legislature enacted a bill that protects landowners for decades to come from forced annexation. In 1858, Texas passed the first statute allowing incorporation of a city under Read More
Read MoreCotenancy: Unique Relationship of Co-Ownership
There are many situations where attorneys must address a client’s co-ownership issues. The basis of a cotenancy relationship is each owner’s (non-exclusive) right to use, occupy and possess each part of the property. Cotenants may not exclude other cotenant owners from possessing, using or occupying the same part or parcel. Texas law recognizes three forms Read More
Read MoreRisk of Buying a Property at a Foreclosure Sale
Client: “I’m buying a foreclosure property.” Attorney: “OK, when is the sale?” Client: “Tomorrow” Attorney: “Have you completed any due diligence on the property?” Client: “Well…I drove past the property a couple of times.” Attorney: [after a long pause] “I am going to take that as a no.” What is a “foreclosure Read More
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