We have experience in representing businesses and individuals in the following areas:
- Acquisitions and Dispositions
- Document Preparation
Real Estate Acquisitions and Dispositions
Phelps Law Firm can help businesses and individuals in the purchase and selling of buildings and land. We are affiliated with Stewart Title Company – North Texas Division, a national title company. The primary responsibility of a title company is to find out whether the seller is the true owner of the property or not. Apart from the ownership details, we also look for possession details. After tackling these issues, Stewart Title will issue you a title policy to protect you and your purchase.
The next important responsibility of a title company is to find out all the legal and financial upheavals that come with the property. Pending litigations, back taxes, first and second mortgages, debts, mechanical liens, and so forth are matters of concern. Although they are supposed to be taken care of by the seller, when the deal closes, the buyer becomes the owner of the property and thereby inherits any unresolved issues. If you wish to acquire a clean and clear title, we are happy to make that happen for you.
Yet another significant responsibility of a title company is to help in closing the deal properly. When the deal is about to close, there are numerous documents that have to be read and signed. A good title company not only makes the process really easy, but also helps you to understand all the difficult terms and phrases.
Real Estate Contracts
You need real estate contracts to be accurate and understandable. Phelps Law Firm wants to help you by drafting, reviewing, and negotiating your real estate contracts. We also want to represent you on either side of a breach of contract dispute.
Real Estate Leasing
There are many complex issues involved in leasing. We can help create lease terms, prepare lease documents, draft and negotiate commercial and residential leases, all to your specific needs and interests. Our careful attention to detail now can help prevent legal headaches for you in the future.
No transaction can be safely undertaken without legal documents that accurately and clearly reflect the terms and parties’ intentions and will stand up in court. We prepare appropriate documents for client transactions such as:
- Sale or lease of real estate
- Foreclosure of mortgage or security interest (judicial or non-judicial)
- Other contractual agreements
Real Estate Document Preparation
No transaction can be safely undertaken without legal documents that accurately and clearly reflect the terms and parties’ intentions and will stand up in court. We prepare appropriate documents for client transactions such as purchase, sale or lease of real estate, foreclosure of mortgage or security interest (judicial or non-judicial), and specific transactions listed under contracts.
Real Estate Litigation
Phelps Law Firm is experienced in all types of real estate litigation. If you need someone to represent you regarding foreclosures, deeds, liens, or construction issues, we can help. We understand the ins and outs of the industry and will represent you with professionalism and integrity.