Acquiring property is a momentous occasion. It represents a new stage in a person’s life; and it has the potential to serve as a conduit of wealth for future generations. However, the mood can quickly sour if someone else claims title to the property. When most people...
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Real Estate Transactions
The open market isn’t always the best option for real estate
On Behalf of Tunnell & Raysor, P.A. | Oct 4, 2021 | Real Estate Transactions
When people buy a home or a commercial building on the open market, there is an expectation that most of the legal work will be done by someone else. The purchase agreement may be a standard form provided by the realtor, and the bank will usually handle the loan...
Negotiating an easement with your neighbor can be a challenge
On Behalf of Tunnell & Raysor, P.A. | Sep 2, 2021 | Real Estate Transactions
Many property owners in Delaware would like to obtain an easement on a neighbor’s property so they can legally use of a portion of the property for their own purposes. Most easements are affirmative, meaning that they allow the easement holder to do something. An...
What people need to know about easements
On Behalf of Tunnell & Raysor, P.A. | Jul 20, 2021 | Real Estate Transactions
People in Delaware own various types of property for various reasons. They may purchase land for their homes, for vacation homes, investment, recreation, farming and other reasons. When they purchase land, they expect that they have control over the property. This may...
How do you avoid conflict in a boundary dispute?
On Behalf of Tunnell & Raysor, P.A. | Apr 14, 2021 | Real Estate Transactions
Boundary issues between property owners are more common than most think, and they can develop into unpleasant territorial disputes. Often the altercation is sparked when a homeowner claims that his neighbor’s driveway is over the boundary line, or when one neighbor...
Three reasons why real estate closings are delayed
On Behalf of Tunnell & Raysor, P.A. | Mar 12, 2021 | Real Estate Transactions
Purchasing a house is a momentous occasion. Not only is it a personal milestone, it’s a form of a wealth that can be passed down to future generations. For this reason, the moment when the sale becomes final, known as the “closing”, is a celebratory moment. However,...
Title dispute? Consider a quiet title action
On Behalf of Tunnell & Raysor, P.A. | Mar 2, 2021 | Real Estate Transactions
Ah, yes. Acquiring property is truly a momentous occasion. In addition to being an important milestone in a person’s life, it’s also vehicle of wealth that can be passed down to later generations (e.g., a house). However, this celebratory occasion can quickly sour if...
Real estate due diligence is key to your transaction
On Behalf of Tunnell & Raysor, P.A. | Feb 11, 2021 | Real Estate Transactions
Purchasing residential real estate can be a stressful endeavor. After all, it’s a major investment that could have severe financial ramifications in both the short- and long-term. That’s why those who are engaged in the process need to do everything they can to make...
What are some common defects that could ‘cloud’ a title?
On Behalf of Tunnell & Raysor, P.A. | Nov 24, 2020 | Real Estate Transactions
There are a lot of details that go into buying a home in Delaware, including having a title search performed on the property. If the title search reveals a defect “clouding” the title, the defect must be resolved before the home can be sold. The following...
Drafting and reviewing contracts for real estate transactions
On Behalf of Tunnell & Raysor, P.A. | Oct 29, 2020 | Real Estate Transactions
It may feel as if there is an endless stream of paperwork to sign when completing a real estate transaction, and understandably so. Whether you are selling or buying, contracts help protect your interests no matter what. But just how familiar are you with real estate...