Amarillo Real Estate Lawyers

Find the right Real Estate attorney in Amarillo, TX

Real Estate Law in Texas

Amarillo'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 numerous laws affecting real estate in Amarillo can sometimes feel overwhelming in their volume and complexity. This might apply doubly when your case involves a foreclosure, or a construction dispute.

Therefore, it's a smart idea to obtain at least a very basic knowledge of how real estate law in Amarillo works.

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 conflict arises, among other things.

Common Real Estate Law Issues in Amarillo

Financing: Most individuals are unable to make major real estate purchases in Amarillo with cash, because few people have that kind of money on hand. Thus, to buy real estate, most entities use a mortgage. This is a loan used to buy a piece of property. When the loan is authorized, and the property purchased, the lender holds a security interest in the property until the loan is paid off, with interest.

Zoning: Zoning laws establish rules saying what kinds of buildings are permitted in various areas of a city or town. These rules serve a variety of purposes. For example, they typically protect residents by making it illegal for industrial facilities to be built in residential areas. This also protects industries, allowing them to do their business without being bothered by constant complaints and lawsuits from their residential neighbors.

Duty of Disclosure: Sellers of homes are bound by a legal duty to disclose defects in the home to prospective buyers, before they buy the house. Any defect which the seller knows (or reasonably should know) about, and which cannot be discovered by the buyer through an average inspection, must be disclosed to the buyer.

Implied Warranties: In Amarillo, 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 necessary ones are electricity, running water, heating, and protection from the elements.

Can a Amarillo Real Estate Lawyer Help?

Because the issues discussed above can get complicated for laypersons, if you have a real estate issue, such as an eviction, or a construction dispute, you should not hesitate to contact an Amarillo real estate attorney ASAP.

Talk to a Real Estate Law Attorney now!

Life in Amarillo

Amarillo is the seat of Potter County and largest city in the Texas Panhandle with over 175,000 residents according to the 2000 Census. Known to most as the "yellow rose of Texas," Amarillo is also the self-proclaimed "helium capital of the world" because the United States' most productive helium fields are located in town. Amarillo was originally known throughout the United States as a capital for cattle trade.

The city's industry hasn't changed much, Amarillo is still the location where roughly 25% of the nation's beef supply is processed and is also home to the Texas Cattle Feeders Association. Tyson Foods is Amarillo's largest employer attesting to the meatpacking heritage of the city. Healthcare, the Amarillo Independent School District, and the City of Amarillo are other top employers. Bell Helicopter Textron operates and assembly plant in Amarillo which is responsible for the V-22 Osprey and Marine One assembly.

The Globe News Center for the Performing Arts in Amarillo houses the Amarillo Opera, Amarillo Symphony, and Lone Star Ballet in addition to concerts. For those who want the Texas Cowboy experience, Amarillo plays host to the Tri-State Fair and Rodeo as well as the World Championship Chuckwagon Roundup that is a food festival featuring staples cowboys and pioneers historically ate in the area. The World Championship Ranch Rodeo is put on by the Working Ranch Cowboys Association and attracts accomplished cowboys from around the world. There's even a weekly cattle auction that's free to the public named the Amarillo Livestock Auction. The American Quarter Horse Association and Hall of Fame is another internationally known Amarillo organization.

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