by Hancock, McGill & Bleau | Nov 12, 2019 | Buying Real Estate, Real Estate, Selling Real Estate
What is required to allow the seller to convey property “as is”? More particularly, do the provisions in Section 7D of the TREC contracts meet the requirements allowing a seller to convey property “as is”?The short answer to whether you can rely on the printed... 
by Hancock, McGill & Bleau | Aug 27, 2019 | Listing Real Estate, Real Estate, Selling Real Estate
Here are five relatively painless ways to reduce your liability when listing and selling real estate. Require the Use of Buyer Representation Agreements When Representing Buyers. If you do not have written authorization from both buyer and seller, you cannot qualify... 
by Hancock, McGill & Bleau | Aug 6, 2019 | Co-Ownership
If you own property with a marital partner, there are laws which regulate each party’s right to use, manage and occupy the property. If you purchase property with anyone other than a spouse, there are very few laws which regulate those same rights and obligations. A... 
by Hancock, McGill & Bleau | Jul 18, 2019 | Closing Services, Tax Prorations
Tax Prorations can be confusing if you are not a seasoned veteran of real estate closings. Most real estate contracts will contain a section dealing with tax prorations. In Texas most residential transaction use the Texas Real Estate Commission (“TREC”) contracts.... 
by Hancock, McGill & Bleau | Jul 2, 2019 | Estate Planning & Probate, Real Estate
There are two relatively easy ways to transfer title to real estate at death while avoiding probate and the tax trap often created by an outright gift of real estate. These two methods of conveyance can also be used to avoid a Medicaid lien. However, neither of the...