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…)
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.
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.
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…)
A quitclaim deed is a purported transfer of a grantor’s right, title, and interest in a property; which is far different than other types of deeds such as general warranty or special warranty deeds which convey a property from one party to another. Our office receives calls on a daily basis request to draft Quitclaim Deeds (often mispronounced “Quick Claim or Quick-claim”) based on poor advice from internet searches. (more…)
You may have heard the statement, “we don’t get paid unless you do.” This statement refers to an arrangement between an attorney and client, in which a percentage of the final judgment or settlement is paid to the attorney. That is to say, there are no out of pocket expenses to the client. (more…)
With the resurgence of tenant protection groups and ever-increasing statutes, both state and federal, it is becoming increasingly difficult for landlords of all experience levels to keep their lease documents up-to-date, thus exposing them to increasing liability.
Moreover, as landlord/tenant law progresses in the State of Texas, it seems that tenants, especially residential tenants, are garnering more and more protection and remedies against the alleged wrongdoing of landlords. In order to reduce the opportunities for tenants to recover from landlords, it is important for the landlord to start the relationship off on the right foot – with strong lease documents. (more…)
As a real estate investor or property manager, it is imperative to stay up to date with the current state of the Texas Property Code. At no time is that statement truer than when it comes time to evict a residential tenant. Many times amendments to the Texas Property Code are made without much notice, and it is not until a case is dismissed for failure to follow the proper procedure that landlords become aware that changes to notify provisions have been made. (more…)
Investing in real estate is one of the best ways to invest in your financial future. But navigating the various negotiations and purchases required of real estate investment can be overwhelming, especially if you’re new to the process. That’s why hiring a real estate investment attorney is one of the best ways that you can ensure you’re making the best decisions with your money and your property. A real estate investment attorney can provide you with many important services, whether you’re new to real estate or you’re a seasoned investor. (more…)
“I hired The Farah Law Firm for the non-traditional sale of my residential property. The Farah Law Firm’s professionalism and outstanding knowledge of residential transactions made the sale go smoothly. The Attorneys and staff at the Farah Law Firm were understanding and took the time to explain each step of the process. They will be... Read More »
The Series Limited Liability Company (“Series LLC”) was first introduced in Delaware in 1996. Although many states allow for 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 formation and... Read More »
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... Read More »
Revealing The Scams Targeting Seniors 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... Read More »
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... Read More »