Those interested in buying or selling real estate will inevitably run into the terms “buyer’s market” and “seller’s market.” They may even understand that the buyer’s market favors the buyer and a seller’s market favors the seller. Less obvious are the factors that...
Real Estate
What is adverse possession?
Adverse possession refers to how someone can gain ownership of a property without paying for it. Generally speaking, a trespasser can take possession of land and/or structure and get the legal title. They do this by moving onto the property and then making...
Mechanic’s liens can help architects get paid
Architects can create work or living spaces that provide shelter and can inspire, unify, and serve the owner's needs. It takes skill, hard work and years of education. Once they provide plans for a final and perhaps help see the project through to fruition, they...
Colorado has a housing crisis on its hands
The moratorium on evictions is over, which means the affordable housing conundrum returns. In the last ten years, Colorado saw its population jump 21% to 5.7 million. Urban areas and tourist destinations have seen the most significant increases, with rents going way...
Does a mechanic’s lien kill a real estate deal?
Many have heard the term "mechanic's lien," but they may not understand what it truly means when trying to buy or sell a property. In short, a mechanic's lien is a legal claim placed against a property for money owed to the lienor. If the seller does not admit to the...
Real estate litigation happens for many reasons
Every real estate deal involves a contract. Often these are so long and complex that they are open to interpretation, which means a legal dispute. There are other methods, or the contract may outline protocols for equitably resolving the dispute, but litigation may be...
A property survey can help avoid disputes
There are few more important things to homeowners or businesses than their real property, yet many do not know their boundary line. There may be a situation where an old fence, road, structure or even natural feature seems like an obvious boundary. However, the...
HOA’s sometimes overstep legal boundaries
Homeowners associations are helpful in many ways. Perhaps most importantly, they take steps to maintain property values and keep a neighborhood or development looking nice. This is well and good, but it is always a good idea to review the governing bylaws, covenants,...
Can I void my real estate contract?
Buying and selling real estate is one of the most significant and expensive transactions for the average American. Considering what is at stake, the buyer or seller wants to make sure they make the right decision. Sometimes they decide something that they later...
Do you have to pay off debts to remove a lien?
Property owners and developers will sometimes encounter a lien if they do not pay a bill. This can be because they disagree over the amount owed or the quality of the work. It can lead a contractor or subcontractor to place a lien on the property, which is typically...