Author Archives: K. Carpenter

Lease Options In Texas

Lease Option Texas Lease With Option To Buy Lease options just like contracts of deed and lease-purchases are a type of executory contract. But lease options in Texas give the buyer the option of purchasing the property, but it has no terms concerning how the complete payment will be made. Instead, a lease option fixes […]

TX Homestead Law

Texas Homestead Laws Texas Homesteads The TX homestead law protect your residence and personal property especially in bankruptcy situations. According to the Texas constitution, the term “homestead” refers to a person’s home and the land that surrounds the home.  Under this constitution, creditors cannot levy foreclosures on a debtor’s homestead. But a single person’s or […]

TREC Contracts

Texas Real Estate Contract TREC 1-4 Contract For more info on real estate contracts, call our Texas real estate lawyer today. Anyone familiar with residential sales contracts in Texas has probably heard of the One to Four Family Residential Contract or TREC 1-4 contract. Licensed Agents and brokers use TREC 1-4 contract and other forms […]

Lease To Purchase

Texas Lease Purchase Agreement Lease Options In Texas What usually happens in a lease-to-purchase (rent-to-own) arrangement is that a portion of your monthly rent payment goes to a fund that will later be used for down-payment.  There are two things that may possibly happen after the fund reaches a certain amount: The transaction is converted […]

Texas Contract For Deed

Contract For Deed Executory Contract In Real Estate Anyone that wants to buy property knows that a contract for deed is a type of executory contract.  Executory contracts are agreements that set terms that can only be performed in the future. A contract deed in particular is an agreement between a seller of real property […]

Special Warranty Deed Texas

Warranty Deed Texas Quitclaim Deed Texas To show proof that you own real property you need a deed. A deed is a document that proves that you own a specific real property and conveys legal and equitable title to real property. In other words, a deed establishes that you have a “fee simple” interest to […]

Sellers Disclosure Texas

Seller Lied On Property Disclosure Statement Seller Responsibility After Closing The first thing you have to know  when buying property is the condition of the property. You want to know whether there are any defects, needed repairs and adverse conditions that may influence your decision to buy or not to buy. But sellers often want […]

Notice Of Lis Pendens

Lis Pendens Texas Real Estate Lawyers In Houston, TX When a buyer or seller breaches a Real estate Purchase of Sales Contract the other interested party may file a lawsuit for protection. This lawsuit helps ensure the property is not sold or encumbered until the dispute is resolved. The lawsuit itself cannot stop the property […]