The language of real estate can be very confusing, especially if you’re new to the sale or purchase of a home, commercial real estate, farm or land-development process. That’s why it’s important to become familiar with real estate law. Having a lawyer on your team who is well-versed in real estate law will help you become more educated on the real estate world. Once you understand the specifics of real estate law, you can take legal action if necessary. The three main areas of real estate law include property disputes, real estate purchases, and zoning and land use.
Everyone has, or at least knows someone with, a neighbor who doesn’t understand personal space. His tree limbs hang over your yard; he mows his yard at unusual times of day; or he won’t let you build a fence between your properties. Whatever the case, property disputes are frustrating and expensive. These disputes may include:
If you encounter these and other issues with a stubborn neighbor, it can be difficult to resolve them without a third-party mediator. A real estate attorney can define these disputes more clearly and provide legal counsel for civil suits or other actions.
Whether you’re buying your first home or buying or selling a rental property, you should have a real estate attorney on your side. Property transactions can be tedious, and there are usually “hidden” or unknown costs involved, such as mortgage costs, title insurance, survey, inspection and closing costs. A real estate attorney can assist you with buying and selling these properties:
Every real estate purchase involves a contract, depending on whether you wish to buy, sell, or rent a property. A real estate attorney can walk you through this paperwork, which must:
All cities, counties, and townships have zoning laws to guide land development and shape the community. Zoning uses often conflict with each other. For example, you might not be able to build a large country home in a certain area because of agricultural zoning. You’ll have to take other land use and zoning rules into consideration, such as:
Zoning and land use laws apply to areas such as:
As you can see, there are many elements and rules that make up real estate law. Having an experienced real estate attorney on your side can make property disputes, real estate sales or purchases, and zoning and land use less of a headache. With proper counsel, you can be assured that you will be well protected in your real estate transactions. Contact Ball Eggleston for more information or for answers to your questions about real estate law.
Ball Eggleston is located at 201 Main Street, Suite 810 P.O. Box 1535 Lafayette, IN 47902. Contact Ball Eggleston by phone at (765) 742-9046, by fax at (765) 742-1966, or by email at firstname.lastname@example.org. For additional information, find Ball Eggleston online at www.ball-law.com. You can also find us on Facebook and YouTube.
Disclaimer: The content of this blog is intended to be general and informational in nature. It is advertising material and is not intended to be, nor is it, legal advice to or for any particular person, case, or circumstance. Each situation is different, and you should consult an attorney if you have any questions about your situation.