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.
Posts tagged "Real Estate Law"
As many regulations that exist related to the handling of residential real estate transactions, they are very few in place that restrict how commercial ones should be handled. It's because of this that you should be quite vigilant when negotiating a commercial lease with your landlord.
You have an expansive piece of land and someone decides to erect a structure on it either purposefully or because they didn't do proper surveying to get the property boundaries just right. What's described above is encroachment. It's one of the more common reasons real estate disputes get underway.
As we discussed in a previous post, those investors who put their money in rental property in the wake of the recession are now grateful for their bold move, as the rebounding real estate market and resurgent economy have allowed them to realize a handsome profit.
Thanks to a rebounding real estate market and a resurgent economy, there is perhaps no better time than the present for those considering an investment in residential rental property to take the plunge. Indeed, many investors have already done so, seeing their rental units occupied quickly and realizing a handsome profit.
When you own land or a home, you will obviously be very familiar with the term "title." A title is a legal right of ownership for a particular piece of property. Title can be referred to in many different contexts, but you really only hear the terms used in relation to cars and real estate. Having a title is very valuable, giving you the right to do what you want with a piece of property.
No successful business entity in Utah or anywhere else across the United States would consider involvement in a transaction of any complexity without having solid legal acumen at hand to identify and gauge risk, as well as to mitigate it to the fullest extent possible.
Whether you are a tenant or a landlord, there will likely come a time where you don't agree with the other party. Maybe you feel like your landlord doesn't take your concerns seriously enough. Maybe you know that your tenant is disruptive and that other tenants have made complaints about him or her. No matter which side you are on, the resulting dispute could become a huge problem if you let it get to that point.
When you hear the phrase "real estate dispute," you probably think about an individual person who has rented an apartment and who is actively disputing something about the terms of the lease with the landlord of the property. To be fair, this is a common dispute relating to real estate. However, there are also circumstances where a real estate dispute relates to a company renting a space and the property owner or manager of that space.