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When the government exercises eminent domain, property owners are entitled to receive compensation for the property that’s ultimately taken. This “condemnation compensation” is usually based on the property’s fair market value. While dealing with the loss of one’s...
In some cases, the way that a person wants to use a piece of property isn’t allowed under the zone. For instance, someone may buy a building that they want to run a business out of, anticipating that it will get a lot of foot traffic. However, they could then discover...
When it comes to eminent domain, one key thing to remember is that the government has to provide just compensation when taking someone’s private property. Eminent domains can often be used for public works, like the construction of an interstate or certain government...
Most people don’t give much thought to deeds. To the extent they do, they often think a deed is the same thing as a title. A title is a legal concept of ownership, while a deed is a document that codifies that ownership and is necessary to transfer ownership when a...
The rights afforded to the government under the doctrine of eminent domain are quite far-reaching. This can make it quite difficult to stop them from taking the land if they can prove they are justified in taking it and they pay just compensation. So, what rights do...
You’re an individual who just bought your dream home. Or you thought it was your dream home until coming across several things wrong with it that the seller didn’t tell you. Per Tennessee Code Annotated Sections 66-5-201 to 210 (The Residential Property Disclosure...
When considering investing in real estate, the first thing that comes to mind is identifying the right property to invest in, getting the funding needed, and earning a good return on the investment. However, there is more to real estate than that. Disputes can arise...
Moving day has come and gone, and the prior owner of your new home is still sitting there with barely a box of their belongings packed. What now? You can’t very well toss the other party and everything they own out into the street since that would be an illegal...