One of the primary reasons we open Colorado probate estates is to transfer real estate from the deceased person to the new owners. Here are the various ways we make that transfer and how to minimize the transfer costs of Colorado probate real estate.
Have a dispute with your beloved homeowner association? Thinking about withholding your dues or assessments in protest? Well, be careful. You may lose your real property in the process.
Understanding Local Colorado Real Estate Law
Thinking about buying real estate in the Bahamas? Maybe a timeshare in Barbados? A quaint villa in the French West Indies? Well, before you do, you may want to research the local real property taxes, think about how this little piece of paradise fits into your overall estate plan and [...]
There is more to a commercial lease than just the cost per square foot. The written terms of the lease can be critical to a tenant’s rights should a problem arise sometime during the lease term. The time to negotiate those lease terms is before the lease begins. Here are just a few tips when [...]
What is an Exculpatory Clause?
Today, virtually every form contract contains an exculpatory clause. An exculpatory clause is a clause in the contract that strictly limits the liability of one party. For example, if you rent skis from a local ski shop, the contract may contain an exculpatory clause limiting the liability of the ski shop [...]
Joint tenancy is a convenient form of ownership. It is a form of ownership that has been encouraged in the marketplace by financial institutions and, to some extent, by professional advisors. Joint tenancy, it is estimated, is utilized in most married couples’ estate plans. Because of the survivorship feature of joint tenancy, it is thought [...]
In a real estate market where last week’s drywall subcontractor is this week’s seasoned home builder, negotiating a new home construction contract becomes more important than ever before. When entering into a contract to buy a newly constructed home, here are just a few important points to consider.
1. The Importance of Reading the Contract
First, new [...]
Contract Disputes, Arbitration, and Arbitration Clauses
Over the weekend, I reviewed a contract that ended up in a dispute. The parties to the contract included one sentence stating that they would arbitrate any dispute. While arbitration clauses are often a good idea, sometimes an arbitration clause can work against recovery on the contract. Before including an [...]
Douglas A. Turner, Esq., the founder of our firm, is a Colorado-based attorney with many years of experience in business law, mergers and acquisitions, association law, real estate transactions, estate planning and probate. To learn more about our legal team, please contact us at 800-850-0607.