Work with an experienced real estate lawyer
Todd Jackson Law
Looking for a legal professional adept in Real Estate Law? Consider Todd Jackson Law. Our firm, located in Franklin, TN, serves businesses and individuals throughout Tennessee.
Real Estate Law
There are laws and policies that can hinder a promising real estate investment opportunity. With the existing state and federal laws in the United States today, issues with title acquisitions, location, and funding may occur. To avoid financial loss and wasted opportunities, investors are encouraged to understand real estate laws and consult with an experienced real estate lawyer.
Overview
The law is not static. It’s ever-changing. Real estate laws adapt to the changing social and economic conditions in the industry, and they may affect your developed or underdeveloped property investments. The law governs those who will sell, own, and use properties. Traders and investors, specifically, should pay attention to the legal factors at play. One must understand the relationship between real estate and the law.
Real estate laws often associate investors to buyers, sellers, borrowers, brokers, taxes, insurance policies, estate planning. There are specific laws for different real estate areas, especially on real estate development, trading, and finance. These laws should be dealt with from day one to avoid conflict and legal disputes in the future. Due diligence is a vital step in the process and the key to successful real estate investment.
Investors who will utilize different real estate finance options are more exposed to state and federal laws. That’s why if you’re planning to sell, buy, fund, or develop a property with the money you can’t afford to lose, remember that hiring a real estate lawyer should be one of your primary considerations. So, here at Todd Jackson Law, we’ll make you remember.
Todd Jackson is one of the best and most accessible real estate lawyers in Tennessee. His extensive knowledge on federal laws and real estate laws in Tennessee can give you financial protection and peace of mind. Todd’s practice centers on property sales and acquisitions, transfer of title and property, real estate development and redevelopment, joint ventures, space and ground leasing, litigation, and real estate finance. He keeps up with the ever-changing laws and trends in the real estate industry, so he can always keep you on the safe side.
Legal Matters
Frequently asked questions about Real Estate Law
Frequently we see clients in need of real estate legal services. As subject matter experts, we frequently guide clients with the following types of questions. When in doubt, it is a best practice to consult with an experienced lawyer. Have a question about real estate law? Give Todd Jackson Law a call.
Knowing your rights as a property buyer or seller can expedite the process. As a seller, you have the right to connect with a real estate agent or broker, advertise your property, request or provide for a home inspection, reject an offer, and negotiate a deposit. As a buyer, you have the right to know the defects or safety dangers of the property, reject a lender or mortgage provider, know the property’s complete history of taxes, obtain a market price analysis, and obtain a copy of the property’s Purchase and Sales Agreement and Settlement Statement.
Purchasing, selling, or investing in a property is a huge transaction, so you need a lawyer to oversee everything. A real estate lawyer can not only guide you through the transaction, he can also protect your property and other interests. The lawyer is responsible for conducting deed and title reviews, reviewing contracts and other documents, and facilitating a mutually beneficial transaction.
Getting swept up in the complicated process of buying and selling properties isn’t easy, but it’s rewarding. If you have the right papers, you have nothing to worry about. Here are some of the most critical real estate documents you need to view and obtain: letter of intent, contract to sell, letter of guarantee, deed of absolute sale, certificate title, and tax declaration.
Things to consider with Real Estate Law
Tennessee Law
Buyers, sellers, brokers, developers, and investors should comply with real estate laws in Tennessee if the property is located in the state. Make sure to follow laws and regulations on property disclosure, real estate advertising, adverse possession, and homestead exemption.
Risks
While violating real estate laws is definitely the biggest possible risk in buying or selling properties, you should also keep an eye on the market and competitors. Real estate is a pretty stable hard asset, but have your lawyers and financial analysts minimize market risks, liquidity risks, asset-level risks, and leverage risks.
Federal Law
Although state laws govern the majority of real estate activities, the federal government still oversees the pre-transaction, transaction, and post-transaction process of real estate sales and development. When doing real estate transactions, take note of laws on mortgage, hazard reduction, consumer protection, real estate settlement, fair and equal credit, homeownership, and capital gains.
Costs
There’s no one-size-fits-all approach to real estate investments, so the cost would depend on the investor’s business idea. You need to consider the type of property, initial investment (insurance, taxes, brokerage, mortgage), operation costs, and non-operation costs (amortization, depreciation).
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real estate lawyer?
Choose Todd Jackson.
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Contact Us
3326 Aspen Grove Dr #400, Franklin, TN 37067
Hours: 8:30 am – 5 pm
M – F
