What Does the CDC’s Eviction Moratorium Mean for Landlords?

Sep 14, 20 • News, Real Estate

 

Due to the current COVID-19 pandemic sweeping the country, the Centers for Disease Control (CDC) issued an order (the Order) on September 4, 2020, that temporarily places a moratorium on residential evictions. This order is in effect from September 4, 2020, through December 31, 2020.

At this time, many tenants have questions about how the order works: What exactly is a “moratorium on evictions”? To whom does the Order apply? What do they need to do? Likewise, many landlords are wondering: Does this mean that all of their tenants can stop paying rent? Is this the same as the recent CARES Act? Can the CDC even issue an order like this? Fortunately, the expert real estate attorneys here at The Farah Law Firm can help you interpret this recent action and provide answers to your questions. (more…)

What Does COVID-19 Mean For Ongoing Real Estate Transactions?

Mar 26, 20 • News, Real Estate

COVID-19 and Real Estate Transactions

With the recent outbreak of the novel coronavirus (COVID-19) in the United States, all Americans are forced to wonder how this pandemic will affect their lives going forward. It’s hard to imagine any aspect of life that won’t be affected by this global tragedy.

Landlords, tenants, and real estate investors in particular are already facing many difficult questions. How will this crisis affect your contracts? What are your options? Does the coronavirus excuse your performance, or will you be forced to pay damages in the event you cannot perform? What will happen to your residential and commercial leases?

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Texas Series LLC

May 21, 19 • Business Formation

The Series Limited Liability Company

The Series Limited Liability Company (“Series LLC”) was first introduced in Delaware in 1996. Although many states allow for the formation of Series LLC, few still do not. The Series has been valid in the Lone Star State for the past ten years (since 2009). In Texas, the Texas Business Organization Code (BOC) controls and regulates the formation and maintenance of a “Texas Series LLC” under Tex. Bus. Orgs. Code Ann. §§ 1.001 et seq.

Texas Series LLC
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Renting A Home With No Heating – Who’s Liable?

Jun 29, 18 • Real Estate

Renting A Home With No Heating - Who’s Liable

Over the past 50 years, the number of Americans renting their homes has increased by more than 22%. Pew Research has revealed that 36.6% of US homes are rented, yet just 32% of those said they rent out of choice. While a handful of landlords rent out a property with utilities included, many don’t. So, what do you do when your heating packs up on a cold winter’s night and how can it impact the relationship between tenant and landlord? (more…)

Real Estate: Smart Hacks and Scams to Avoid

Apr 5, 18 • News, Real Estate

Revealing The Scams Targeting Seniors

Real Estate: Smart Hacks and Scams to Avoid
Despite the numerous legal safeguards, checks, and counters that the US’s financial system rely on, there is always another loophole exploited by scammers. This is especially true due to the fluid political climate; as legislation changes, such as with this week’s repeal of Dodds-Frank regulation, so too do the products and terminology offered to people. For vulnerable people, and in particular seniors, this poses a unique challenge, as scammers seek to take advantage of the confusion and lack of knowledge to make illicit cash. (more…)

Buying or Selling Your House With an Attorney Instead of an Agent

Jul 25, 17 • News, Real Estate

For many people, buying or selling a house is one of the most significant transactions of their life, and it stands to reason that you’d want to turn to a professional rather than navigating the process on your own. If you’re purchasing a new home or considering selling your house, your first inclination might be to enlist the help of a real estate agent. But while buying and selling agents can be a good option, you may be surprised to learn that a real estate attorney might actually be the best option.

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Farah Law Firm Featured on NBC 5 DFW for Foul Real Estate Issue

Jul 19, 17 • Real Estate

NBC 5 DFW recently interviewed real estate attorney Michael Farah to discuss a pesky problem affecting residents of a northwest Arlington neighborhood. A large flock of migratory egrets has descended on their homes, and 76-year-old Norma Crader, who purchased a home in the area prior to the birds’ arrival, is crying foul.

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Understanding Earnest Money

May 25, 17 • Real Estate

Understanding Earnest Money

Especially if you’re a first-time homebuyer, earnest money can be a little confusing. You probably didn’t think you’d have to pay anything until actually purchasing the home! (more…)

The Process of Buying a House in Texas

Apr 20, 17 • News, Real Estate

the process of buying a house in texas

When it comes to buying a house anywhere, the process is one that can be drawn out by unique and arcane laws that are in place. For a resident of Texas or any out-of-state investor who’s considering the purchase of a home, the Lone Star State brings with it some issues that offer a compelling reason why hiring a quality real estate lawyer to represent your interests is always a good idea. (more…)

How Do I Get an Earnest Money Refund?

Mar 9, 17 • News

earnest money refund

The real estate business is one that’s bolstered by the trust of the parties involved, yet situations can occur that lead to such trusts being broken. The potential for such events to happen is the reason that the concept of earnest money has become standard for most agreements, which basically boils down to being a deposit of good faith. (more…)