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Real Estate Law Archives

Utah's housing market is becoming eerily similar to California's

The business news site Utah Business released a report on August 30 calling Utah's housing market the "next California." The commissioned report was authored by researchers with the University of Utah's Kem C. Gardner Policy Institute. They described how Utah now has less inventory of available homes than the current amount of households that need housing in the state.

What should I include in a leasing conract?

Contracts to lease a property are flexible legal documents that property owners draft in a way that satisfies their unique needs and concerns for their property. However, there are certain essentials that your leasing agreement should include to avoid the possibility of legal trouble later down the line. These essentials for your leasing agreement include:

Utah's home inventory is declining while sales prices are soaring

A limited inventory of houses is causing home prices to steadily increase across in many parts of Utah. This is occurring at the same time that thousands of prospective new residents are being attracted to the state by its strong economy.

Real estate attorneys are beneficial to have around pre-purchase

Buying a home always is an involved process, but it can be particularly complex if it's your first time doing so. That's why, even if your jurisdiction doesn't require to have your own attorney present to close on your property, you should. You may also benefit from having one review your purchase contract.

Concessions are an important part of your business lease

When it comes to finding office space, many new business owners think that the hard part is over when they finally find a property that will work for them and their needs. Doing so is often only half the battle, though. Negotiating the terms of a lease agreement, and the concessions that you may ask to be included in it, can be just as hard.

Salt Lake City to be a top producing real estate market in 2018

Utah's capital city, Salt Lake City (SLC), is slated to be one of 2018's top ten most booming real estate markets in United States. As we start 2018, SLC is expected to become the sixth most booming market in the United States. Interestingly, St. George, Utah's not-too-distant neighbor, Las Vegas, is expected to become the number one producing market this upcoming year.