By David Kruger | Published June 20, 2024 | Posted in Contract Law, Real Estate Law | Tagged Tags: Legal Counsel, Partial Performance, real estate, Statute of Frauds | Comments Off on Real Estate Business Issues: Statute of Frauds
In the world of real estate, contracts are the cornerstone of transactions. They delineate the terms and conditions agreed upon by the involved parties, providing a framework for the exchange of property. However, not all agreements are created equal, and in Texas, the Statute of Frauds plays a pivotal role in determining which contracts are Read More
Read MoreIn any real estate transaction, one of the key steps toward closing is the title search. Its purpose is to make sure the seller owns the property and also to discover any problems or competing interests that might encumber the seller’s right to sell. Title defects, whether due to third-party claims, flawed records or fraudulent Read More
Read MoreWhether you’re selling the home you’ve lived in for years or flipping the fixer-upper you’ve refurbished, you’ll need to make a series of disclosures to the prospective buyer before any deal can be finalized. Texas law requires home sellers to inform buyers of material defects in the property that may affect its value. Usually, these Read More
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