Real Estate

Issues in High Net Worth Divorces

A high net worth divorce is a divorce in which the property owned by the couple has a high monetary value.  While high-asset divorces follow the same legal principles and proceedings as non-high net worth divorces, the process is much more complicated and requires a more sophisticated approach. Two issues that must be addressed in all divorce cases - but especially in the context of a high net worth divorce...

The Benefits of Using a Real Estate Attorney When Buying a House

While Texas is among the states that do not require you hire an attorney when buying your house, there are times where an attorney can provide significant value.  A real estate attorney can add value if you are buying a home without a real estate agent, or in the event your transaction involves one of the many complex situations that can arise when buying a house.  Real estate agents...

The Imperiled Federal Estate Tax Exemption

Is dying a taxable event? According to your friendly Federal government, the answer is yes. Let us ask a more meaningful question: is it fair that the government gets to take 40% of your hard-earned money just because you die? Class? What Is The Federal Estate Tax for 2021? We have a federal estate tax of 40%. Most people do not pay it because their estate does not exceed the federal estate tax...

Contesting A Will in Texas | Be Careful What You Do

Can a comic valentine lead to a will contest? You bet. The year was 1896. Deep in the heart of Texas, a certain elderly woman received an unsigned comic valentine. According to the appellate court opinion (which we will liberally quote because of its picturesque language) the card was intended as a “burlesque” upon the woman and was “calculated to incite in her a high degree of mortification and shame.” What...

Do You Have to Hire a Lawyer to Sell a House in Texas?

While Texas is among the states that do not require you hire an attorney when selling your house, there are times where an attorney can provide significant value. For instance, when you decide to sell the house without a real estate agent or during one of the many complex situations that can arise when selling a house. Real estate agents are adept at the standard sales transactions, but they...

Eminent Domain vs. Condemnation in Texas Real Estate

You may be faced with a governmental agency or private actor threatening to take your private property under the power of eminent domain. When this happens you have several rights designed to provide protection for your private property or, in the least, provide you just compensation. What is Eminent Domain vs. Condemnation? Eminent domain is the power of the state, or an authorized private actor, (the “condemning party”) to take private...

6 Types of Property Deeds You Need to Know About

If you’re in need of an attorney, we want you to know that despite the COVID-19 pandemic, our firm is open during regular business hours. We are meeting clients in our office while practicing social distancing, keeping everyone six feet apart and, for the time being, foregoing all handshakes and hugs. If you prefer, we can schedule telephone or video conferences, and we also make off-site appointments. Whatever your preference,...

Shedding the Unwanted Houseguest – A Road Map to Deal with Squatters

“Friends, Relatives, In-laws, lend me your ears.  I have come to bury our relationship, not to praise it.  You need to leave my house now.” Feel free to tweak the foregoing to fit your situation.  Shakespeare most assuredly will not mind. There are few situations more fraught with anxiety than dealing with a houseguest turned squatter.  You might be dealing with an adult child who moves back home for “just a...

What is Asset Based Lending in Real Estate?

A Definition of Asset Based Lending Asset based lending in real estate finance, also referred to as equity based lending, involves extending a loan that is secured by real estate assets. These assets can include commercial, residential and industrial properties, as well as land. For asset based mortgage lenders, the main criteria for loan approval is the value of the real estate, as well as the amount of the down...

Will Force Majeure Provisions Excuse Performance in the COVID-19 Environment?

The COVID-19 pandemic is a once in a lifetime event wreaking havoc on the world’s businesses.  Many businesses have felt its impact, and many more will soon feel the pressure as quarantine efforts stifle economic activity.  As a business owner in this environment, the question of whether to continue to meet your contractual obligations may arise.  Delaying contractual obligations or withdrawing from those obligations altogether can expose you to...

The Pandemic of Lawsuits

Breach of Contract Defenses There is a legal epidemic that is keeping pace with the COVID-19 epidemic:  breach of contract. That includes contracts that are contained in a 100- page document, an e-mail chain, a napkin, or just spoken words.  There are a lot of contracts out there that are getting broken because of the extraordinary events of the last several months. If you are the one doing the breaking, then you...

3 Reasons You Need to Hire a Commercial Real Estate Attorney

Commercial real estate transactions — including buying and selling, leases, and construction — can range from simple to complex. You may be able to manage a more straightforward exchange yourself without the need for assistance from a third party. For more complicated transactions, though, it makes more sense to bring in a commercial real estate attorney. What does a commercial real estate lawyer do? A commercial real estate attorney is a...
Hammerle Finley Law Firm is open during regular business hours, and we are accommodating special appointment requests.   Learn More