If you are going to purchase a piece of land, you should know that an Atlanta real estate lawyer is necessary. He can help you navigate through all the legal issues that are associated with the transaction. You should also be aware that there are a number of things you should know about escrow disputes and how to deal with conflicts with the real estate and land use laws.
Land use and lease transactions
If you own a business in the Atlanta, Georgia area, a real estate attorney can help you with a wide variety of commercial transactions. Whether you are purchasing a piece of property or leasing it to a tenant, you need to know the legal aspects of the transaction. A real estate lawyer can also help you resolve any issues that arise during the transaction.
The Atlanta, Georgia metro area is one of the fastest growing locales in the United States. Many businesses in this area have chosen to invest in real estate. However, obtaining the right type of property is important to ensure that your business is successful.
As an attorney specializing in land use and lease transactions, Kyla O’Brien Baker is knowledgeable about the various laws and regulations that apply to property and leasing. She has experience representing both landlords and tenants in leasing transactions.
Her clients include national retailers and big box stores, as well as developers and institutional users. She works with clients to develop agreements for development projects and for negotiating leases for commercial properties. Throughout the course of her practice, she has negotiated development agreements, restrictive covenants, subordination agreements, non-disturbance agreements, and land use issues.
Escrow disputes are one of the most common real estate issues. A failure to complete the closing can be devastating to a family moving into a new home. However, with the help of a knowledgeable lawyer, your chances of success can be maximized.
The main reason for a dispute is the fact that the parties were not on the same page about what will happen with their funds. To settle such a dispute, each party needs to put their money where their mouth is.
An earnest money deposit is a standard feature of most real estate deals. This money is typically held by a title company or by the seller’s broker. Earnest money is also used to cover down payments and closing costs.
Often, escrow disputes involve a disagreement over the disposition of this funds. For instance, a seller might refuse to refund the earnest money. Depending on the nature of the conflict, this can lead to a legal squabble.
Conflicts with real estate and land use laws
The regulation of real estate is a complex undertaking. Not only does it involve government units from local to federal, but there are several other players in the ring.
A nifty-looking device is one of the most common ways in which a municipality attempts to resolve a land use dispute. Zoning and other similar laws regulate the uses of privately owned real estate. These measures of governmental authority have their detractors.
Zoning is not a new concept. In fact, it was first enacted in New York City in 1916. While the aforementioned fanciest city has been around for more than a century, the industry has only recently standardized its regulatory practices.
The government has also gotten into the land use game, announcing in a recent press release that it is readying a national plan to address land use issues. Agricultural/residential land use conflicts have become more heated in recent years. Several states have put forward a number of measures to address these challenges.
Retaining a real estate lawyer before signing a purchase agreement
When purchasing a new home, a buyer and seller should retain a real estate attorney before signing a purchase agreement. This allows them to review the contract and make any necessary changes. It also protects them from legal action after the deal has been completed.
A purchase agreement is one of the most important documents of a real estate transaction. It sets forth the terms of the sale, the price, and the identity of both the buyer and seller. The agreement will state the amount of money that will be paid, and the type of deed the seller will give the buyer. Depending on the state in which the deal is made, it may also include other conditions for the sale.
Buying a home or selling a business can have an impact on your life in many ways. The transaction is complex and can take weeks or months to complete. In addition, it can involve negotiations, setbacks, and compromises. An attorney can guide you through the process and prevent land contract fraud.
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