Memphis, Tennessee, Law Blog
Life changes should prompt changes in an estate plan
Life is unpredictable, and families, goals and careers will almost certainly change over the years. While a Tennessee adult cannot predict what will happen in the future, there are steps he or she can take that will provide a measure of control over certain things....
The need for an appraisal in real estate transactions
Without a doubt, there has been a significant amount of upheaval in the country in recent months. The homebuying market has always had its ups and downs, but now more than ever, real estate transactions require due diligence. One task that has always been an important...
What could hold up the probate process?
Whether you are an executor, beneficiary or heir to the estate of a Tennessee resident, you may wonder how long the process will take. When a probate goes smoothly, it can take months or longer depending on the circumstances. However, there are several issues that...
What can you do when a tenant is clearly violating your lease?
A lease is a contract that helps protect both the landlord and the tenant who rents a specific rental property. The landlord includes deposit requirements and restrictions on behaviors, like limits on occupancy, while the tenant has protections such as the right to...
Is now a good time to purchase a home in Memphis?
The world has changed dramatically in the last few months, and it has affected nearly every aspect of daily life. More people are staying home to work and for school. Many people, including some here in Memphis, may think that it would be a good time to buy a home,...
What are your duties as an executor during probate?
If you recently lost a loved one, you may have received a surprise when you read his or her will. Your Tennesee family member may have appointed you as the executor of the estate. Now, you face the prospect of being held responsible for the probate of the will. What...
Homebuyers beware: An encroachment could mean future problems
Title searches, surveys and appraisals are expenses that most homebuyers may resent, but they could save a potential buyer from future troubles. For instance, a survey may reveal an encroachment on the property that could interfere with the use and value of the...
Negotiating a mortgage loan contingency when buying a home
Few people here in Tennessee, or elsewhere for that matter, can buy a home for cash. The majority of people will need to borrow the money needed in order to do so. Obtaining a loan is not always as easy as it sounds, which is why a mortgage loan contingency regarding...
When can you retain a tenant’s security deposit?
Every time you approve a new tenant to reside in one of your properties, you incur the risk that this individual might cause damage to your property or refuse to pay rent for one reason or another. One of the reasons that landlords charge security deposits is to...
The common documents involved in a real estate closing
Buying a home here in the Memphis area is an exciting experience, but it takes time and a lot of work. Finally, after going through all of the preliminary due diligence such as obtaining a home inspection, getting an appraisal and finalizing financing, the time for...
