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It's probably a good idea. It's especially important if you're purchasing from an individual rather than a bank.

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15y ago

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How do you protect yourself when buying land in Louisiana from a private owner?

You protect yourself in any real estate purchase by being represented by an attorney who specializes in real estate, by having the title to the land examined by a professional (this will be arranged by the attorney) and by purchasing title insurance.You protect yourself in any real estate purchase by being represented by an attorney who specializes in real estate, by having the title to the land examined by a professional (this will be arranged by the attorney) and by purchasing title insurance.You protect yourself in any real estate purchase by being represented by an attorney who specializes in real estate, by having the title to the land examined by a professional (this will be arranged by the attorney) and by purchasing title insurance.You protect yourself in any real estate purchase by being represented by an attorney who specializes in real estate, by having the title to the land examined by a professional (this will be arranged by the attorney) and by purchasing title insurance.


What to do if life tenant defaults on life estate?

You should consult with an attorney who specializes in real estate law to determine your options in your jurisdiction.You should consult with an attorney who specializes in real estate law to determine your options in your jurisdiction.You should consult with an attorney who specializes in real estate law to determine your options in your jurisdiction.You should consult with an attorney who specializes in real estate law to determine your options in your jurisdiction.


Who should a title and deed be reviewed by?

Any purchase of real estate should be supervised by an attorney who specializes in real estate law.


Can a life estate established by deed expire if the grantor goes into a nursing home?

Laws vary regarding life estates. You should consult with an attorney in your jurisdiction who specializes in real estate law.Laws vary regarding life estates. You should consult with an attorney in your jurisdiction who specializes in real estate law.Laws vary regarding life estates. You should consult with an attorney in your jurisdiction who specializes in real estate law.Laws vary regarding life estates. You should consult with an attorney in your jurisdiction who specializes in real estate law.


Onbne piece of property is owned by two heirs and one wants to sell to the other how would this be worded on the sales contract?

You should consult an attorney who can review your needs and draft the contract and the deed. The attorney who is handling the estate can help you since an estate that has real property must be probated.You should consult an attorney who can review your needs and draft the contract and the deed. The attorney who is handling the estate can help you since an estate that has real property must be probated.You should consult an attorney who can review your needs and draft the contract and the deed. The attorney who is handling the estate can help you since an estate that has real property must be probated.You should consult an attorney who can review your needs and draft the contract and the deed. The attorney who is handling the estate can help you since an estate that has real property must be probated.


How do you get deceased siblings names off inherited property so you can sell it?

An estate that includes real estate must be probated in order for title to pass to the heirs legally. You should consult the attorney who is handling the estate.An estate that includes real estate must be probated in order for title to pass to the heirs legally. You should consult the attorney who is handling the estate.An estate that includes real estate must be probated in order for title to pass to the heirs legally. You should consult the attorney who is handling the estate.An estate that includes real estate must be probated in order for title to pass to the heirs legally. You should consult the attorney who is handling the estate.


Reasons to Hire a Commercial Real Estate Attorney when Purchasing a Property?

Historically, one of the most successful form of investments has been purchasing an income producing piece of commercial real estate. While owning a piece of commercial real estate can be profitable, there are many legal aspects of owning commercial real estate that could be quite complicated and limit the amount of money that you could make. Because of this, it would be a good idea to hire a commercial real estate attorney when purchasing a new property. The first reason why you should a commercial real estate attorney when purchasing a building is that the attorney will be able to review the leases for you. The value of commercial real estate is largely impacted by the leases that obligate the tenants to perform certain actions, including paying rent. The commercial real estate attorney will be able to read each lease, and inform you of clauses that are concerning and could cost you money. These could include clauses that allow a tenant to stop paying rent when they want or require you to give them money to fix up their building. After you purchase the property, the attorney will help you draft leases for new tenants, which could maximize your profitability. The second reason why you should a commercial real estate attorney when purchasing a building is that the attorney will be able to research community laws that could affect your ability profitably manage the building. These laws could include laws that make maintain a certain level of landscaping, a certain amount of parking spots, or keep you lights on 24 hours per day. If the building you are buying is part of a larger retail, industrial, or office development, the attorney will read about similar bylaws that could affect your overall profitability. The third reason why you should a commercial real estate attorney when purchasing a building is that the attorney will be able to draft purchase and sale agreements and negotiate contracts with the seller for you. After the attorney has completed its review of the leases and community laws, they may want to renegotiate the purchase price. The attorney will work with the seller to negotiate price reductions, and will then draft the purchase and sale agreement based on the negotiations.


What do you have to do to transfer property to the sole administratrix name?

You should consult the attorney who is handling the estate. Deeds should be drafted by an attorney and a court appointed administrator must obtain a license from the court to transfer real property.You should consult the attorney who is handling the estate. Deeds should be drafted by an attorney and a court appointed administrator must obtain a license from the court to transfer real property.You should consult the attorney who is handling the estate. Deeds should be drafted by an attorney and a court appointed administrator must obtain a license from the court to transfer real property.You should consult the attorney who is handling the estate. Deeds should be drafted by an attorney and a court appointed administrator must obtain a license from the court to transfer real property.


How do you get a deed to real property if the owner passed away in Texas?

The estate must be probated when the decedent owned real property. You should contact an attorney who specializes in probate law.The estate must be probated when the decedent owned real property. You should contact an attorney who specializes in probate law.The estate must be probated when the decedent owned real property. You should contact an attorney who specializes in probate law.The estate must be probated when the decedent owned real property. You should contact an attorney who specializes in probate law.


How do I transfer ownership of my condominium unit to my son?

You should contact an attorney who specializes in real estate law in your jurisdiction. The attorney can draft a proper deed for your jurisdiction and also explain the legal consequences of the transfer of title.You should contact an attorney who specializes in real estate law in your jurisdiction. The attorney can draft a proper deed for your jurisdiction and also explain the legal consequences of the transfer of title.You should contact an attorney who specializes in real estate law in your jurisdiction. The attorney can draft a proper deed for your jurisdiction and also explain the legal consequences of the transfer of title.You should contact an attorney who specializes in real estate law in your jurisdiction. The attorney can draft a proper deed for your jurisdiction and also explain the legal consequences of the transfer of title.


How should real estate be handled in an estate?

An estate that includes real estate must be probated in order for legal title to pass to the heirs, or for the estate representative to be able to transfer legal title. You should consult with an attorney who specializes in probate law.


If the attorney of an estate is also the personal representative of that estate can she sell the real estate and collect both the real estate commission and her attorney fees?

The real estate agent is the person who collects a commission on the sale of the real estate not the estate representative (executor/administrator). Generally a person who fills both roles, attorney for the estate and executor, can charge for both services.