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Real Estate Law



~Mark Twain~ "Buy land, they're not making it anymore".
Real Estate, your most precious asset...

Most of us making the western United States our home have been affected by real estate law as an owner, seller, broker, lender, borrower, contractor, or other arrangement. The body of law dealing with real estate is varied and large and often misinterpreted. An attorney experienced in real estate law should be consulted when dealing with real estate matters, especially if the matter involves:

PURCHASE AND SALE CONTRACTS
SALES BY OWNER
ESCROW INSTRUCTIONS
SECURED LOANS
TITLE PROBLEMS
INHERITANCE ISSUES


Much of real estate law is really Contract Law

Contract Law: Legal matters involving real estate often deal with agreements (contracts) between two or more persons (parties). Purchase and Sale Agreements, Escrow Instructions, Promissory Notes and Trust Deeds, Real Estate Listing Agreements, and Home Improvement Agreements, are all governed by contract law.

It Is Crucial That You Understand The Contract You Are Signing !!!

Remember that your failure to read and/or understand the contract is not a defense if disputes arise. If you sign a contract, the law presumes that you both read and understood the terms of the agreement.

SALE BY OWNER - a way to reduce the costs of selling property? Perhaps, but it can also provide an open door for problems. It is imperative that you fully understand the effect that the legal process and related laws can have on the transaction and your ownership status, and you must know the various documents that are needed or required by law. Seek professional legal assistance to help avoid the many problems that arise under these circumstances.

TITLE ("ownership status"): Title problems frequently arise in real estate matters. In order to properly resolve title issues you need a full understanding of title law in Nevada and you need to understand the role a title insurance company plays regarding title or ownership status.

ESCROW agents are generally part and parcel of every real estate transaction in the western U.S. It is important to understand the function of such agents' their duties and responsibilities to each party.

Secured LOANS are the loans given in exchange for a promise to repay the loan. The promise to repay is most often backed or secured by filing a deed of trust "against" your real property. A deed of trust gives power to the lender to foreclose or take possession of your property should you fail to repay the loan as agreed. It is vital that you fully understand the terms of your loan agreement and the effect the trust deed may have on your continued ownership of the property.

Real property is all too often at the nexus of INHERITANCE DISPUTES. It is very common for an elderly parent to transfer property to only one child or other family member with the intention that upon their (the parents') death, proceeds from the sale of the real property will be shared with the other family members. This often does not happen, and filing a law suit is usually the only way to settle this type of dispute.

For information regarding Short Sales, Foreclosures, Loan Modifications, and Repossessions, please click on the s button to the right.

Las Vegas Probate & Estate Planning

Probate Lawyer Las Vegas
What is Probate?
Probate is a procedure that is designed to Protect against Improper use of the assets of the estate of a deceased person, by insuring it is Properly distributed according to Law, or the Will of the recently deceased.
Estate Planning Lawyer Las Vegas
What is Estate Planning?
    Estate Planning is a course of action aimed at ensuring that your wishes for your personal care and for your finances are followed in the event you are incapacitated or upon your death.

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