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 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.
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…)
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 that 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 more true 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 notice 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…)
“The Farah Law Firm has an extensive knowledge of business entity transactions in Texas and had kept my transaction moving smoothly and in the right direction. Thank you Michael for making the process easy.”
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