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"Sue Season: Tough Economy Fuels Litigation" (Fambrough) No. 1920, Tierra Grande reprint, 3pp. (11/19/2009) |
Recessions make people really grumpy. Grumpy people file more lawsuits. So now might be a great time to take a refresher course in the Deceptive Trade Practices Act. More » |
"Floreclosure for Dummies" (Fambrough) No. 1786, Tierra Grande reprint, 3pp. (Revised 11/17/2009) |
Home loan defaults are rising. Here's a step-by-step description of the foreclosure process. More » |
"DILF or No DILF: Deed in Lieu of Foreclosure" (Fambrough) No. 1806, Tierra Grande reprint, 2pp. (11/16/2009) |
With the frequency of foreclosures on the rise, homeowners facing this crisis need to know their options. Under the right circumstances, working out a DILF with the lender may be an alternative beneficial to both homeowner and lender. A recent change in Texas law makes DILF more attractive. More » |
"Use It or Lose It" (Fambrough) No. 1776, Tierra Grande reprint, 3pp. (11/16/2009) |
Adverse possession may not be an ordinary, run-of-the-mill way to acquire land, but it can definitely turn your property into someone else's. Texas statutes tell the tale. More » |
"Dibs! Understanding the Right of First Refusal" (Fambrough) No. 1907, Tierra Grande reprint, 4pp. (7/20/2009) |
A right of first refusal is an agreement between a property owner and a second party who wants to have the first chance to purchase the property when it comes on the market. The agreement is triggered when the owner receives a third-party offer to buy the property. More » |
"'As Is'" (Fambrough) No. 1899, Tierra Grande reprint, 4pp. (4/27/2009) |
Selling residential property 'as is' raises questions because the Texas Supreme Court has never addressed the issue. It has, however, approved the sale of commercial property in this manner. Based on that decision, several lower appellate courts have now approved the "as is" sale of residential property as long as certain requirements are met. More » |
"Condemnation and Compensation: Landowners’ Rights and the Trans-Texas Corridor " (Fambrough) No. 1895, Tierra Grande reprint, 2pp. (1/19/2009) |
Property owners who face condemnation of their land for toll roads or other parts of the now-defunct Trans-Texas Corridor should protect their interests by learning landowner rights and knowing the fair market value of their properties -- before the condemnation process begins. More » |
"Against the Wind" (Fambrough) No. 1878, Tierra Grande reprint, 3pp. (10/20/2008) |
Cultivating alternative energy sources is a high-priority issue these days, but not everyone is in favor of harvesting the wind. More » |
"POA Legislation Protects Buyers" (Fambrough) No. 1872, Tierra Grande reprint, 3pp. (7/22/2008) |
Two new property code statutes address issues relating to property owners' associations (POAs). One requires mandatory disclosure when a property owner is a member of a POA. The second requires POAs of subdivisions that have the pwoer to levy assessments to provide information, bylaws and a resale certificate to the owner, owner's agent or title company. More » |
"Wind Rights and Wrongs" (Fambrough) No. 1856, Tierra Grande reprint, 4pp. (4/24/2008) |
Wind leases differ from mineral leases in significant ways. For example, signing bonuses are less for wind leases, terms are of different length, royalty payments are not protected by statute and surface rights are not automatic More » |
"Recognizing Mortgage Fraud" (Fambrough, Garner & Meyer) No. 1846, Tierra Grande reprint, 2pp. (1/20/2008) |
Mortgage fraud is a serious offense that negatively affects the entire industry. Practitioners can report suspected fraud to authorities without fear of reprisal. More » |
Residential Lease Addendum (Fambrough) No. 1837, Reference, 21pp. (1/10/2008) |
Effective Jan. 1, 2008, all residential leases must contain language in underlined or bold print that informs tenants of their remedies available under the Texas Property Code. To assist Texans in complying with this requirement, the Real Estate Center has reproduced the two sections of the law in a format that can be added as an addendum to any written residential lease. The required information in the heading must be inserted, and the parties must sign and date the addendum at the end. More » |
"Impact Fees" (Fambrough & Gaines) No. 1822, Tierra Grande reprint, 5pp. (7/23/2007) |
Many communities, especially those in high-growth areas, are assessing impact fees to finance infrastructure construction. Creating a local ordinance is the first step in the process, which is governed by the Texas Local Government Code. Chapter 395 provides specific requirements for enacting a local impact fee. More » |
"Cotenants: Not so Cozy a Relationship" (Fambrough) No. 1815, Tierra Grande reprint, 3pp. (4/15/2007) |
Owning property as contenants creates a unique relationship that may not be beneficial to all parties. Each cotenant must know his or her rights and responsibilities for the relationship to be successful. More » |
"Austin Legal" (Fambrough) No. 1764, Tierra Grande reprint, 4pp. (12/16/2005) |
The 79th Texas Legislature made a heapin' helpin' of changes to laws affecting real estate. Here's what you need to know. More » |
Texas Real Estate Legislation, 2005 (Fambrough) No. 1757, Technical report, 5pp. (11/29/2005) |
A summary of important real estate-related legislation passed by the 2005 state legislature. More » |
"2005 Update: Rules Govern Contracts for Deed" (Fambrough) No. 1754, Reprint, 5pp. (10/20/2005) |
Legislation passed in 2005 brought about a number of new rules governing both existing and newly executed contracts for deed and places greater burdens on residential lenders and brokers. More » |
"Risky Business: Mineral Sales by Mail" (Fambrough) No. 1728, Tierra Grande reprint (6/10/2005) |
Mineral owners, beware. Offers to buy your minerals through the mail may be misleading. Before sponding, read the deed carefully. More » |
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