East Providence Real Estate Lawyers
Real Estate Law in Rhode Island
East Providence's real estate industry is controlled by a huge body of laws. This is because almost any real estate transaction invokes laws regarding civil rights, consumer protection, land use, and contracts.
The law controlling real estate in East Providence can get pretty complicated, especially when things such as mortgages, disputes about construction defects, and conflicts over title are involved.
Therefore, it's a good idea to learn some of the basics of East Providence's real estate laws.
If you have even a little bit of basic familiarity of applicable real estate law, your life will probably be a great deal easier. If you have some understanding of the law, your knowledge will likely put you in a better bargaining position.
Common Real Estate Law Issues in East Providence
Financing: Most persons, families, and small businesses in East Providence cannot afford to buy a large piece of real estate with the money they have on hand. However, they typically can afford to pay for it over a long period of time, in installments, with interest. Consequently, most real estate is purchased using a mortgage - a loan for a specific purchase, using the item purchased as collateral.
Zoning: Zoning regulations control what types of structures are allowed on various parcels, based on their location in a municipality. For instance, some areas in a city might be zoned only for residential use. Another area might permit industrial use. These rules are meant to keep property values up, and promote harmony among neighbors by preventing conflicts.
Duty to Disclose: If you're buying a house in East Providence, you have specific legal protections. The seller has a duty to tell the buyer about any defects that the property has. All defects which the seller knows about, and which the buyer can't be expected to discover through an ordinary inspection, must be disclosed. If the seller fails to disclose a defect, and the buyer later discovers it, the seller can be sued for any diminution in the property's value caused by the defect, the cost of repairing it, and any injuries the buyers suffers as a result.
Implied Warranties: In East Providence, every residential lease agreement, whether it's specifically stated or not, has an "implied warranty of habitability." This is a legally-imposed promise by the landlord that the rented dwelling (whether it's a house or apartment) is fit for habitation by humans. While there are many requirements for a place to be considered habitable, some of the most crucial ones are electricity, running water, heating, and protection from the elements.
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Can a East Providence Real Estate Lawyer Help?
These issues, along with many others, can sometimes be fairly confusing. Therefore, you should never hesitate to consult with a East Providence real estate attorney if you have any questions.
16 Real Estate, Housing & Property Law cases posted to LegalMatch lawyers in East Providence
Real Estate Attorneys in the Largest RI Cities
Life in East ProvidenceEast Providence, Rhode Island is a city of approximately 50,000 in Providence County. It is the 5th largest city in the state of Rhode Island.
East Providence is considered a major suburb of Providence. Although it is a relatively small city by national standards, it is fairly large Rhode Island standards, and it has dozens of sites and buildings in the National Register of Historic Places. Because of its many historical sites, it is fairly popular among tourists visiting the New England region.
East Providence, Rhode Island also boasts a large number of parks for outdoor recreation.
It has been designated an "enterprise zone" by the state of Rhode Island. In an effort to promote economic growth in particular need of it, the state has a program to incentivize the establishment of businesses in designated enterprise zones, such as East Providence. For example, such as tax credits for hiring new employees, and continuing to increase the number of employees each year. Some permit fees are also waived, and the process of acquiring business permits is streamlined.
If you live in East Providence, and find yourself in need of legal representation, an East Providence, Rhode Island attorney can help.