Mechanics liens create significant problems for property owners. Contractors, subcontractors, or suppliers can file a lien against a property if they do not receive payment for work or materials. This legal claim blocks selling or refinancing until the owner pays the...
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Real Estate
How does climate change affect real estate values?
Stronger storms bring flooding, erosion, and damage to homes in coastal areas. People looking to buy or invest in these places often think twice because insurance costs keep rising. Many banks now require flood insurance, which adds to the cost of owning a home....
What are landlords’ responsibilities for environmental hazards?
Landlords must address environmental hazards like lead paint and asbestos to protect tenant health and comply with state and federal laws. These hazards pose serious risks, especially in older buildings, and landlords must take proactive steps to manage them. Disclose...
How do environmental regulations affect real estate projects?
Environmental rules play an important role in real estate projects. These laws help protect the environment while allowing communities to grow. It is important for developers to keep this in mind before beginning new projects. Getting the right permits Real estate...
Do zoning laws restrict historic property usage?
Buying a historic property can be a rewarding experience, but it comes with its unique set of challenges. These properties carry a sense of history and charm, but they also bring legal obligations that buyers should understand. Restrictions on renovations Historic...
Are foreclosed homes good to flip?
Purchasing a foreclosed home to renovate and resell can be an appealing venture for many people. This approach may promise significant returns, but it's important to understand the nuances that come with buying properties under market value. Assessing the risks and...
Consider these key factors when purchasing farmland
If you're considering buying farmland in Indiana, you're looking at a rewarding investment. However, several key elements should come into play when choosing the right piece of land. You should understand these factors and ensure they are in order before purchasing to...
The benefits and risks of real estate investment trusts (REITs)
Real Estate Investment Trusts (REITs) offer a unique way to invest in real estate without the need to directly buy properties. They allow investors to buy shares in a portfolio of real estate assets, generating income through rent or property sales. Benefits of REITs...
4 considerations when renting your farmland
Renting out your farmland can be a great way to generate income while preserving your property. However, before you dive into agreements, it is important to consider several factors. These can help you as the months continue on. 1. Know your tenant Selecting the right...
Handling HOA disputes in your Indiana home
Living in a community with a Homeowners Association can provide numerous benefits, such as maintained common areas, community facilities, and often a higher standard of neighborhood aesthetics. However, living under the rules set by an HOA can sometimes lead to...