Greenville Real Estate Lawyers

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Real Estate Law in South Carolina

Greenville'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 Greenville can get pretty complicated, especially when things such as mortgages, disputes about construction defects, and conflicts over title are involved.

So, if you're planning on engaging in any kind of real estate transaction, it's crucial that you learn at least the basics of real estate law in Greenville.

Knowing the law can serve you in a variety of ways: it can put you in a better negotiating position, it can help you spot unlawful terms in lease agreements, and confirm that you know your rights if a dispute arises, among other things.

Common Real Estate Law Issues in Greenville

Financing: The majority of people in Greenville can't afford to make a major real estate purchase by paying the full purchase price up front. Most people and small businesses, therefore, use a mortgage to make real estate purchases. A mortgage is a loan issued for the purpose of buying a piece of property, with the bank obtaining a security interest in that property until the loan and interest are paid off.

Zoning: Zoning regulations determine 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 allow industrial use. These rules are meant to keep property values up, and promote harmony among neighbors by preventing conflicts.

Duty to Disclose: sellers of real estate, particularly houses and other residential property, are legally bound to tell the buyer about any defects in the property that the seller knows about, and that the buyer couldn't easily discover on his own (mold or termite problems are common examples). If the seller fails to make such disclosures, he or she could be liable for any harm the defect causes to the buyer, as well as the cost of repairing it. If the seller intentionally conceals or lies about the defect, he or she might also face punitive damages.

Implied Warranties: In Greenville, every residential lease agreement, whether it's explicitly 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.

Can a Greenville Real Estate Lawyer Help?

These issues, along with many others, can sometimes be fairly perplexing. Therefore, you should never hesitate to consult with a Greenville real estate attorney if you have any questions.

Talk to a Real Estate Law Attorney now!

Life in Greenville

Greenville is a great city in South Carolina for families to live and visit! The city has it all--art galleries, scenic property, museums, and beauty!

Some popular sites include Falls Park on the Reedy (downtown), Heritage Green Arts and Cultural Complex, the Greenville Zoo, Metropolitan Arts Council, the Carolina First Center, Augusta Road, and Haywood Mall.

Greenville is also home to many attorneys who practice in various areas of law. These attorneys focus on providing personalized services to their clients--residents and local businesses.

Overall, Greenville is a great family-oriented city with a community-like feel to it!

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