Buying or selling real estate often involves signing several legal documents. One of the most important is the deed of trust. Many buyers see the document during closing but may not understand its purpose. Learning how a deed of trust works can help you better...
Real estate transactions
5 terms to include in a commercial lease
Every landlord should consider creating a lease for their property, regardless of whether they are leasing to family or strangers. The terms of a lease determine how long a tenant can live in a property, what they can do to the property and what happens when the terms...
How an exclusive use clause protects a commercial tenant
Every clause in a commercial lease can impact the obligations of a landlord and their tenant(s). Lease terms dictate who is responsible for facility maintenance and taxes. Commercial leases can even influence how people conduct their businesses. From limitations on...
Must sellers disclose a death that occurred at the property?
When selling residential real estate, sellers are generally required to disclose known material facts that could affect a buyer’s decision to purchase the property. However, whether a death that occurred in the home must be disclosed is a separate question. Under...
What happens to earnest money if a deal falls through?
A real estate deal may fall apart for many reasons. Your financing may fail, an inspection may uncover serious repairs or the seller may decide not to complete the sale. When this happens, you will likely focus on one question first: Will you get your earnest money...
House flippers can face defect claims for years after a sale
House flipping is one way for real estate investors to turn their capital into income. By purchasing houses in mediocre condition, making improvements and relisting the home for sale again at a higher price, investors can potentially generate substantial profit. The...
Why an attractive commercial property might not be right for you
Chefs often say that people eat with their eyes first. If they make the food attractive, they increase their chances of winning diners over. Those who sell or lease out property often do something similar, staging properties to tempt those looking to lease or buy. As...
Easements: Why might someone have rights to your property?
Owning property often feels like it should come with complete control over what happens on your land. But in reality, there are situations where another person, company or government entity may have a legal right to use part of it. That can come as a surprise to...
Potential title defects
When purchasing a property, it is important to consider title defects in advance. These are issues with the title that could complicate the transaction or derail the sale entirely. There are steps people can take to address these, such as purchasing title insurance or...
Property or Liability: Which One Are You Actually Buying?
Arizona real estate offers incredible opportunities for growth and stability. However, a dream investment quickly turns into a financial burden without proper due diligence. Buyers must look beyond the surface of a building to understand the legal reality of the...

