Dallas Real Estate Lawyers

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Real Estate Law in Texas

Dallas'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 various laws affecting real estate in Dallas 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 Dallas works.

If you have even a little bit of basic knowledge 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 Dallas

Financing: Most individuals are unable to make major real estate purchases in Dallas 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 issued, and the property purchased, the lender holds a security interest in the property until the loan is paid off, with interest.

Zoning: Zoning laws regulate what types of structures can be built on given parcels of land. Generally, 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 average inspection, must be disclosed to the buyer.

Implied Warranties: Every lease of a residential unit in Dallas carries with it an implicit promise by the owner that the unit will meet some basic minimum requirements for human habitability. There are many factors that go into deciding if an unit is "habitable," but there are a few essentials, and they include running water, heat, electricity, and adequate shelter from the elements.

Can a Dallas Real Estate Lawyer Help?

The issues discussed here, along with others, can be complex and intricate. Therefore, if you have any questions on this subject, you should not hesitate to ask a Dallas real estate lawyer.

Talk to a Real Estate Law Attorney now!

Life in Dallas

Dallas is known as Texas's most exciting city. There is something for everyone to do here.

Families can enjoy a day at Six Flags, the Dallas World Aquarium, SpeedZone racing park, the Dallas Zoo, or the Dallas Arboretum. Other popular attractions include the Sixth Floor Museum, Heritage Village, Public ArtWalk Dallas!, and the Tourt 18 Golf Course. Overall, Dallas is filled with many people including families, young professionals, students, and the elderly. Therefore, there is something for everyone to enjoy in this lively city.

Dallas is also home to many large law firms with the best legal minds on its payroll. Moreover, Dallas also has many mid to small sized firms that can easily fulfill the legal needs of Dallas citizens. Overall, people in Dallas have it all, a lively city, great attractions, and a thriving legal industry.

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