Akron Real Estate Lawyers
Real Estate Law in Ohio
Akron's real estate industry is governed by a huge body of laws. This is because almost any real estate transaction invokes laws concerning civil rights, consumer protection, land use, and contracts.
The huge volume of laws governing real estate in Akron might seem overwhelming to the uninitiated. Indeed, they can get very complicated, especially when issues about title defects or construction disputes are involved.
Therefore, it's always good to have at least some knowledge of Akron's real estate law.
Having at least some knowledge of real estate law will be to your advantage in virtually 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 Akron
Financing: The majority of people in Akron 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 ordinary inspection, must be disclosed to the buyer.
Implied Warranties: In Akron, every residential rental agreement carries with it a warranty of habitability, in which the landlord implicitly promises that the unit is fit for human habitation. This applies whether or not such a warranty is stated in the lease agreement, and it still applies even if the landlord tries to disclaim any such warranty. There are many conditions that might make a unit uninhabitable. A few examples are a lack of electricity, no running water, or no heating.
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Can a Akron Real Estate Lawyer Help?
Because the issues discussed above can get confusing for laypersons, if you have a real estate issue, such as an eviction, or a construction dispute, you should not hesitate to contact a Akron real estate attorney ASAP.
304 Real Estate, Housing & Property Law cases posted to LegalMatch lawyers in Akron
Real Estate Attorneys in the Largest OH Cities
Life in AkronAkron is the fifth largest city in Ohio. It is located in Summit County, near the Great Lakes area. In fact, Akron is about 40 miles from Lake Erie.
Some popular sites include the Cuyahoga Falls, the All-American Bridge, the Goodyear Polymer Center, and the All-American Soapbox Derby.
Interestingly, in 2001, Akron was named fifth on the list of "high tech havens" by Newsweek. It has also been awarded as one of the "World's Most Livable Cities," by the National Civic League.
Top employers include Goodyear, The Kelly-Springfield Tire Company, GOJO, A. Schulman, FirstMerit Bank, and Bridgestone. Of course, to support these businesses, and local residents, Akron has a very competent legal force. Many attorneys practice law and devote themselves to providing excellent legal services.