If someone trespasses and causes property damage, the owner of the property is entitled to compensation for that damage. However, property owners should be careful to prove damages accurately to maximize recovery. Relying on the wrong damages model could mean losing a case, and retrials are rare and costly. See Tex. R. App. P. 44.1(b); …
Category: Real Estate Law
Damages For Slander of Title in Texas
Successfully conveying property requires a clear chain of title that is free of encumbrances. Considerable effort goes into researching, verifying, and communicating who the legal owner of a property is and exactly what debts against that property, if any, may exist. Any uncertainty about the title of a property may lead to the loss of …
Changes to the Option Fee in TREC Residential Contracts
In the fall of 2020, the Texas Real Estate Commission approved several important changes to contracts and addenda that took effect April 1, 2021. TREC forms used by sellers, buyers, and agents should now use form contracts that reflect those changes. The biggest change relates to the option fee process found in paragraph 5 of …
Changes to the Option Fee in TREC Residential Contracts Read More »
The Texas Deed In Lieu of Foreclosure
Foreclosing on properties is one option for dealing with loan defaults, but it holds some disadvantages for both the lender and the borrower. An alternative which can benefit both lender and borrower is a Deed in Lieu of Foreclosure. Overview of Deeds in Lieu of Foreclosure Texas offers many different types of deeds specific …
Why Title Insurance Is Necessary in Texas
Buying property can be risky business. The Latin phrase caveat emptor, “Let the buyer beware” underscores the many perils for the buyer. Not only are you paying a large sum of money to own the property, but you run a risk that the property you think you own is not actually yours to own. In …
General Warranty Deeds vs. Special Warranty Deeds in Texas
A deed is a legal document that conveys ownership of property from one person to another. Texans have several different types of deeds to choose from when transferring ownership. This article will compare two common types of deeds, the General Warranty Deed and the Special Warranty Deed. Both deeds guarantee a clear title, one without …
General Warranty Deeds vs. Special Warranty Deeds in Texas Read More »
Texas Municipal Utility District Notices
A Municipal Utility District or MUD allows communities to develop and grow, particularly in areas which lack municipal services. Through bonds and taxes paid by residents living within its boundaries, a MUD finances water, sewage, and other utility infrastructure. Nearly 1,000 MUDs currently exist in Texas. Requirements of MUD Notices Section 49.452 of the Texas …
Trespass to Real Property in Texas
Property ownership gives a person the authority to determine how that property is used and by whom. An unauthorized person entering land belonging to another is trespassing, even if the trespassing seems to cause no direct harm. While trespassing seems straightforward, this cause of action is not that simple. Ownership Before making a claim of …
The Notario Publico and Unauthorized Practice of Law in Texas
Notario Publico and Notary Public are two terms that seem synonymous but definitely are not the same in the state of Texas. Equating one title with the other has caused problems for many people, sometimes leading them to unqualified, even unscrupulous, notaries. Similar in Name Only While the names sound similar, each title originates from …
The Notario Publico and Unauthorized Practice of Law in Texas Read More »
Statutory Fraud in Texas
An act of fraud involves misrepresenting or deceiving someone, causing harm to that person in the process. Statutory fraud is a particular kind of fraud which involves real estate or a stock transaction. Texas law prohibits a person from using false or incomplete information when inducing another person to sign a contract. If the misrepresentation …