Memphis, Tennessee, Law Blog
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...
Do you have the right to contest a family member’s will?
Even though it may not be the first thought that runs through the minds of Tennessee residents when a family member dies, their thoughts may turn to the possibility of an inheritance at some point. It can be disappointing to find out that they did not receive anything...
What information does a home inspection provide?
Homebuyers here in Tennessee and elsewhere want to know that they are buying a safe and structurally sound home free from significant problems. The way they obtain this information is through a home inspection. Below is just some of what this crucial report provides....
Is title insurance a necessary part of real estate transactions?
Once the housebuying process begins, a variety of matters requires attention before a Tennessee resident receives the keys. One of those matters involves obtaining a title search. If the search comes back clean, why is title insurance still considered a necessary part...
Does all property pass through probate?
Losing a loved one is tough no matter the circumstances. Ensuring their estate is in order can be almost as difficult. If they left a will, its contents will disburse through probate. Yet, not all your loved one's assets will go through this process. As you track...
What do you face as the executor of a loved one’s estate?
Agreeing to handle wrapping up the details of another person’s life may seem like a good idea at the time, but when it comes time to actually do it, a Tennessee resident could experience some anxiety. Where does an executor begin? Are there any potential roadblocks to...
