Can the buyer terminate purchase contract (within option period) without fulfilling his duty to apply for financing?
Stuart's answer
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Answered on May 29, 2020
Sorry, but I vote for Buyer. Even if Buyer had timely tendered loan application and endeavored to attain loan approval, that doesn't diminish...
What can I do if my business partner is trying to break our Business lease agreement?
Stuart's answer
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Answered on May 27, 2020
LL doesn't particularly care who pays; LL just wants / needs to receive $2600 per month. If that amount is not paid, then LL has the right to...
How can I terminate a right-of-way easement on a property I am buying where the previous owner gave the water co an easement?
Stuart's answer
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Answered on May 27, 2020
To start, a utility could take this property anyway through the power of eminent domain. Of course in that event, your Mom would have been entitled...
Archived
I put my daughter on my property deed? Is it possible to have her taken off without her consent? And if possible, how much cost
Stuart's answer
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Answered on May 24, 2020
Maybe. Many times when I see that people have "put someone on a property deed" it is done incorrectly because the property description fails, it is...
Can I sue my tenant for selling all my furniture in my house
Stuart's answer
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Answered on May 22, 2020
Yes, your lawsuit claim is called "conversion" and your damages are the fair market value of the property that was improperly taken from you. You...
Will transferring a rental property to an LLC void the title insurance the last seller provided me?
Stuart's answer
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Answered on May 20, 2020
What a great answer from Ms. Walter. I write only to add that this is one of those rare times (in commercial real estate) where you'll want to use...
Can a seller back out of an executed contract in Texas within 5 days?
Stuart's answer
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Answered on May 19, 2020
No. There may be other lawful means to terminate or challenge a real estate contract. But Sellers' remorse is not a valid reason and may yield a...
Can my son claim homestead exemption if he lives in house but both names on deed
Stuart's answer
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Answered on May 19, 2020
Property owners who reside at a Texas residence may claim a homestead exemption. Others who live there but do not own it (guests, tenants, family...
Can a property manager ask you to move out due to not wanting to have sexual relations with him?
Stuart's answer
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Answered on May 19, 2020
Think you know the answer to this -- of course not. If this ever got to Court and the pleadings state the reasons for eviction that you identify,...
Archived
Can a 1031 Exchange be applied to the sale of two properties in an effort to purchase one of greater value?
Stuart's answer
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Answered on May 17, 2020
Agree with Mr. Clausen. IRC 1031 / 1033 / 1035 laws are strictly enforced. Miss one deadline, fail to properly send notices, fail to properly...
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