Lakewood Real Estate Lawyers
Real Estate Law in Washington
The real estate industry in Lakewood is governed by a wide variety of laws, and these laws can affect the process and outcome of essentially any transaction or deal involving the sale, lease, or use of land.
Real estate law in Lakewood can be fairly intricate, especially when it comes to things like mortgages and the resolution of disputes over construction defects.
Accordingly, it's a good idea to learn some of the basics of Lakewood's real estate laws.
Having at least some knowledge of real estate law will be to your advantage in essentially any real estate transaction. Knowing the law can give you a bargaining advantage and prevent you from being saddled with obligations that you don't have to assume.
Common Real Estate Law Issues in Lakewood
Financing: The majority of people in Lakewood can't afford to make a major real estate purchase by paying the entire purchase price up front. Most persons and small businesses, therefore, use a mortgage to make real estate purchases. A mortgage is a loan authorized 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 laws govern what types of structures can be built on given parcels of land. Usually, cities and towns are zoned in order to ensure that neighborhoods are clearly divided into residential, commercial, and industrial categories, to ensure that everyone who uses the land can make the best possible use of it, for their particular purpose
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 usual inspection, must be disclosed to the buyer.
Implied Warranty: All residential lease agreements in Lakewood carry with them an implicit promise by the landlord that the property is fit for human habitation. This warranty does not need to be explicitly stated in order to have effect, and neither the tenant nor landlord can waive it. Any arrangement claiming to waive this warranty is void. To be considered habitable, a building must not be so dirty as to pose a health hazard, it must have running water, it must have electricity, and it must provide adequate protection from the weather. There are many other requirements, but if a building or unit lacks any one of those, it will be considered uninhabitable.
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Can a Lakewood Real Estate Lawyer Help?
The issues briefly discussed above, as well as many others, can be very intricate. Accordingly, if you are engaged in any real estate transaction, it's never a bad idea to first consult with an experienced Lakewood real estate attorney.
174 Real Estate, Housing & Property Law cases posted to LegalMatch lawyers in Lakewood
Real Estate Attorneys in the Largest WA Cities
Life in LakewoodLakewood is a city in Pierce County, Washington. It is home to approximately 59,000 people. Popular media publications include The Suburban Times, The News Tribune, Lakewood Press and Lakewood Journal.
Popular sites in Lakewood are Fort Steilacoom, Lakewold Gardens, Lakewood Towne Center, Lakewood Playhouse, and Thornewood.
The top employers include Fort Lewis and McChord Air Force Base.
Some Lakewood residents include attorneys who have either stopped practicing or currently practice. Residents turn to these attorneys for their legal needs. If these attorneys cannot handle the cases, then they refer residents to attorneys in nearby locations. Such a system ensures that the legal needs of Lakewood residents will be taken care of.
All in all, Lakewood is a charming place to visit and a must-see when in Washington!