Real Estate Transactions
The Central Texas real estate market is booming. People are moving to Central Texas from all over the United States due to the strong economy, warm temperatures and affordable housing values compared to more expensive states like California. Real estate documents need to be drafted by attorneys rather than using canned documents. A custom drafted real estate document should include specific important deal points related to the specific transaction.
REAL ESTATE Document Drafting:
- Land Sale Contracts
- Real Estate Lien Notes (promissory notes)
- Land Trusts
- Land Improvement Contracts
- Transfer Deeds (Special Warranty Deeds, General Warranty Deeds, Lady Bird Deeds, Transfer at Death Deeds, etc.)
- Private Deed of Trusts
- Residential & Commercial Leases
- Restrictive Covenants
- Housing Authorities
- And many other documents
If you or your company is thinking about signing a commercial lease, or moving your business into a new location you should consider speaking with an attorney beforehand due to potential exposure to personal liability. An attorney can provide you important information, like the fact that commercial leases in the Austin area are usually written strongly in favor of landlords. It's crucial for you to understand all the terms and conditions in the Lease Agreement, which is a contract that governs how the tenancy will operate.
In today's economy more and more people and businesses are relying on rental properties for their residential and commercial purposes. As a result, landlord-tenant disputes are becoming more and more prevalent. It is important as a Landlord to protect your interests and insure that your properties and your interests are protected. For anybody that is choosing to rent out their commercial or residential properties it is important that a good foundation is created through a strong and supportive lease. If the lease is not sufficient for your specific needs and property you could be setting yourself up for many headaches down the line. The next important thing is to know your responsibilities under the Texas Property Code and the consequences of not acting pursuant to the law. Landlords can suffer major consequences if they knowingly or unknowingly violate the law.
Most importantly, know your tenant! When considering who to rent to do your research: run a financial credit check or background check; check their rental history and judgment history; and ask them questions in a rental application. Don't let a person live or do business on your property without knowing whether they can be trusted to abide by the terms of your lease or by the law.
Finally, have a good lawyer on your side that can assist you with all of the above. That is where Daley & West exceed. We can be there from the very beginning by making you a lease that works for your property. We will let you know your responsibilities as a landlord and we will make sure you are protecting your interests. So, if you are a landlord, give us a call at 512-553-2261 so we can start helping you today!
We represent landlords in the following actions:
- Collecting unpaid rent
- Evicting a tenant
- Addressing a Tenant Concern/Issue
- Consultations on the Property Code and Landlord responsibilities
- Family/friend evictions- unwanted and non-paying tenants that have outstayed their welcome