You’ve toiled for years, sold the family home, and are on the hunt for land to build that dream home. The risks to buying unimproved land are seldom appreciated by the uninitiated. Power, water, drainage, septic, and land use rights and restrictions all come into...
Accessing Traditional Legal Service Through Timely Contract®
As useful as limited-scope legal services are, there are times when a more robust set of legal services is necessary. Timely Contract can be used to identify experienced real estate attorneys licensed in the jurisdiction of the property who may be interested in your...
Using TIER® and TIER Plus® to Price a Property
Legal due diligence and real estate pricing are two distinct but related processes that play crucial roles in real estate transactions. Legal Due Diligence: Legal due diligence involves a thorough investigation of the invisible legal risks, liabilities, and issues of...
Top 10 Reasons To Consult A Real Estate Attorney BEFORE You Buy Property
Top 10 Reasons To Consult a Real Estate Attorney Before Buying Property Considering the purchase of a home, be it vacant land, a home in a subdivision, or a condo, is a pivotal decision laden with complexities. It’s crucial to recognize the significance of seeking a...
Limited-Scope Legal Solutions for Real Estate Transactions
Timely Contract® - Real Property, Real Solutions® Timely Contract uses limited-scope legal solutions to meet the legal needs of the residential transactional marketplace. What is a Limited-Scope Legal Solution? A limited-scope legal solution limits the scope of the...
Title Insurance Basics
Understanding Title Insurance in Real Estate To understand what title insurance is, it helps to understand what title is. Broadly defined, title includes the right to possess, to build, to exclude others, and the right to sell. What Affects Title? Title to land can be...
TC Solutions for Complex Problems
Government Approval for Construction: Navigating Regulatory Hurdles in Building Projects Government Approval for Construction is a formidable hurdle in the world of building projects. It’s no secret that government is big and getting bigger. What if you want to build...
Due Diligence For Purchasing Real Estate Outside a Municipality
Buying Rural Property: Essential Due Diligence for Your Real Estate Purchase When buying rural property, especially outside of a municipality, due diligence becomes a crucial aspect of securing a parcel with clear title, financing, and insurability. While a home in a...
Buying Real Estate in Montana
Each State differs with regard to laws, rules, and regulations governing real property transactions. Below are factors to consider when buying or selling real estate in Real Estate Transactions in Montana. Legal Due Diligence in Montana Unless buying a home in a...
Chain Of Title In Real Estate
Chain of Title in Real Estate: Navigating Ownership History for a Secure Transaction “Chain of title” is the ownership history of a real property parcel from the first owner to the present owner. The reason chain of title in real estate is important is that a current...
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Attorneys and Timely Contract®
As an experienced real estate attorney, you may never imagine that the residential real estate market would ever be an attractive practice area. The first two strikes against the practice area are aggressive time frames and unrealistic client expectations. The third...
Real Estate Agents and Timely Contract®
Timely Contract® for Legal Risk Mitigation As an experienced real estate agent, you may never imagine that an attorney could be useful to your practice: attorneys take too long, address issues no one cares about, and jeopardize the transaction. Attorneys carry...
Real Estate Transaction Fees: Important Court Decision
Real Estate Transaction Fees: An Upending Verdict A guilty verdict was handed down by a federal jury on October 31, 2023 that threatens to upend the cozy financial relationships enjoyed by agents representing Buyers and Sellers during the real estate transaction. In...
Pre-Existing Code Violations and TIER Plus®
You’ve done your legal due diligence and checked the public document record at the County Recorder’s Office where you’re thinking of buying that vacation home. You found some interesting circumstances of the property you didn’t expect, including existing code...
Historic District Designation and TIER Plus®
Are you thinking of buying a centrally located, older home in a downtown neighborhood? After many remodels, you may know how to bring the building up-to-code and sell at a profit. Or perhaps you’re a hobbyist with intentions to live the downtown, walkable lifestyle....