A due-on-sale clause is a clause in the loan that if signed binds the borrower to pay off the full balance of the loan if the buyer tries to sell the house.It applies when a buyer tries to sell, or transfer of ownership of the property.
A due-on-sale clause is a clause in the loan that if signed binds the borrower to pay off the full balance of the loan if the buyer tries to sell the house.It applies when a buyer tries to sell, or transfer of ownership of the property.
What is a Seller’s Disclosure In Texas, a seller of residential real property must give written notice of all the defects in the property to the buyer. This is a seller’s disclosure.
Title insurance is a form of insurance used to protect and insure real estate buyers from defective title. It protects the buyer and seller against loss due to title defects, liens, or claims
Earnest Money is a security to the seller and implies the intention of the buyer’s purchase in good faith. Earnest money is credited towards the closing or total cost of the purchase. If a seller terminates the transaction the earnest money is returned to the buyer.
As the U.S. economy grows, more and more people are engaging in new business ideas and setting up businesses. Why not? Small business is the heart of the American system. Many small businesses are family owned, but it’s common to see several people get together
Are you in the process of selling your established business and not sure on whether to hire a broker? There are many reasons to hire a licensed and experienced business broker. As experienced real estate and corporate attorneys, we have listed five great reasons to hire a business broker.
In wake of Hurricane Harvey damage to Houston properties, our firm gets regularly contacted by residential or commercial property owners with issues with their contractors. The aftermath of Harvey created a high demand and a short supply of contractors, leading to many ethical and legal violations by contractors.
With the growth of small businesses there has been a sharp increase in the formation of entities such as LLCs, S Corporations, and C Corporations in the records of the Texas Secretary of State. Our clients seek our help in formation of the right business entity and the correct documentation,
Copyright © 2021 GK Law. All Rights Reserved | Powered by Advantage Attorney Marketing & Cloud Solutions