What is Title Insurance and Why is it Needed?

When a software development company had a five-year license agreement with a party that did not meet their ethical standards, they decided to go to court alongside GK Law. They were able to successfully argue that the agreement should be terminated without any damage to their part. The court ordered that they were free to…

GK Law was able to draft a tight shareholder agreement when an oil and gas startup company expressed their need for an agreement in order to protect each owner’s shares. By having an efficient agreement, the company was able to stop the acquirement of any shares by spouses in case any of the shareholders went…

Our client needed assistance with purchasing multiple properties in Texas with clear title, for their equine and real estate investment business. GK Law assisted by ensuring that all the properties were purchased with clear title and were zoned permitted for commercial use. We also provided contracts, employee and lease agreements, and resources to start the…

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.