Liens are more common than you think, and there is a big chance you have a lien on your home. A lien is a creditor's claim on a property that allows them to recover amounts due if you default. Liens can be voluntary, like a mortgage loan, since you provided consent...
As a real estate developer, buying property is the core of your business. And that means you need to know exactly what it is that you're buying. Many times, people are unsure about things like property boundary lines or exactly how much land they own. The average...
You’ve found the perfect piece of property, and you’re ready to buy. Then you learn that the property has an easement attached. An easement gives someone other than the property owner the legal right to use that property for a specific purpose, regardless of anyone’s...
When you bought the land to build your dream home, you knew that you wouldn't have any access to the road. Based on the other plots of land around it and the position of the roads in that part of the state, your land was cut off. This is why it was such a good deal...
Unlike a laptop or a bag, it’s pretty hard to imagine someone simply taking a home, a hunting cabin or a plot of land and claiming it as their own -- but it can actually happen. Generally speaking, you can’t claim ownership of a piece of real estate without a lot of...
Many individuals have heard of the real estate concept of adverse possession, yet they don't have a clear understanding of what it entails. This terminology is often used interchangeably with "squatters' rights." The concept refers to someone other than the original...
There are times when a property may have an easement attached. This often occurs when there’s a need for someone else to use a part of your property. Utility companies may need access to lines or pipes across your property. People may need to use your driveway to get...
Most people buying a new house cannot wait to take possession. Usually, as soon as they sign the deed transferring ownership, the buyers can expect to receive the keys to the property and the legal right to access it. They will start moving in, often the same day. ...
One of the many advantages of living in Texas is that it offers the potential to own large amounts of open land to those who can afford it. Whether you use your land for your family home or a working ranch, you may rarely see your nearest neighbors. They may own...
According to Texas Parks and Wildlife, if a waterway is navigable in fact or by statute, it is open to public use. One court determined that waters in their natural state provide many benefits to the public. As such, these waters are considered navigable under the...
