Although in some instances a survey is not really necessary, in most cases it's important to order a survey and have your real estate attorney review it prior to the expiration of the due diligence period, or before your right... Watch
Why is legal experience needed in selling or purchasing a dairy?
Careful planning in the sale or purchase of a dairy and its livestock can save significant amounts of federal and state income taxes. The experienced business attorneys can design the transaction to minimize ordinary income that's taxed at higher rates,... Watch
Why do I need title insurance?
There's really 2 main reasons you should purchase title insurance. First, almost all owners are going to require title insurance when you've purchased a real property. If you're going to have a mortgage on your property you're likely going to... Watch
What unique legal issues affect the sale of convenience store chains?
Most convenience stores sell petroleum or diesel fuel. As a result, environmental concerns are paramount. Many states have mandatory cleanup programs, most of which prioritize the cleanup of sites. Because the buyer most often assumes responsibility for any existing environmental... Watch
What provisions should be in a contract to acquire timberlands?
Besides customary purchase and sale provisions, including a Review of Title, a timberland purchase contract should include environmental carve outs, a timber cruise, prohibitions against cutting, and a price adjustment in the case of timber shortfalls. An experienced attorney will... Watch
What is the Marketable Record Title Act and how can it help with title issues?
The Market of Record Title Act, or MRTA, is a Florida statute that basically acts as a giant eraser, and subject to the exceptions listed in that statute, it extinguishes or erases a state's interests, claims, or charges that are... Watch
What is title insurance?
Title insurance is exactly what its name suggests. It's an insurance policy that protects against losses and damages that might arise because of leans, encumbrances or defects entitled to land being purchased as well as forgery, improperly executed deeds and... Watch
What must I know to lease my lands for solar power?
Quite a few considerations are involved in a solar power lease. Lowered costs of solar panels and regulatory incentives are increasing the demand for solar power projects. Knowing the site characteristics desired by solar companies can lead to more rent... Watch
What particular concerns affect a foreign purchaser of U.S. real estate?
Use of an appropriate entity will make both the ownership and disposition of real property much easier. A purchase in an individual's name may result in the need for an ancillary probate proceeding in the case of a death, and... Watch
What is the difference between warranty deed, a special warranty deed, and a quit claim deed?
A warranty deed or a generally warranty deed is the broadest form of conveyance. It guarantees the grantor has good title prior to conveyance or transfer of the property, and the warranty or guarantee continues after that conveyance. When conveying... Watch