Of all the letters I’ve drafted, this one may be the most effective. I usually charge clients $500 – $750 to draft a letter like this. (I guess that’s why everyone hates lawyers.) Hoping to become slightly less hated, I… Read More »Persuasive Legal Letter to Co-Owners of Jointly Owned Property (Warns of Partition)
Ryan Jones, Attorney
Real estate tax usually refers to the local tax paid on the value of real estate each year, whereas the broader term “property tax” can encompass personal property taxes. The sale of real estate can trigger a tax on the… Read More »What is Real Estate Tax? (Sale of Real Estate Tax and Property Tax)
Only some wholesaling activities are legal in Oklahoma. The Oklahoma Predatory Real Estate Wholesaler Act (the “Wholesaler Act”) prohibits many wholesaling activities by banning public marketing prior to closing. To avoid fines of up to $5,000 per occurrence and possible… Read More »Is Wholesaling Real Estate Legal in Oklahoma?
When representing a seller, a real estate attorney may draft or review the real estate contract, provide general advice, resolve title issues, negotiate transaction terms, and review closing paperwork. Sometimes, the seller’s attorney also prepares the deed and closes the… Read More »What Does a Real Estate Attorney do for a Seller? (A Quick Explanation)
This article estimates real estate attorney cost based on multiple data sources, and it was compiled by a real estate attorney familiar with the industry. The below table summarizes some of the most common price points. Attorney fees on a… Read More »Real Estate Attorney Cost: How Much Are Real Estate Attorney Fees?
Quiet title and adverse possession both involve the ownership of real estate. Often, a quiet title action is filed to confirm or disconfirm ownership based on adverse possession. This article explains how that might occur. To understand the role of… Read More »Quiet Title and Adverse Possession (Explained by a Real Estate Attorney)
The quiet title process involves four main steps. First, research property ownership and title issues. Second, draft a quiet title complaint or petition. Third, file and serve all quiet title pleadings. Fourth, obtain and enforce a court order clarifying or… Read More »The Quiet Title Process (Explained by a Real Estate Attorney)
As a real estate attorney, if I could name one transaction that causes more litigation and confusion than any other, it would probably be the rent-to-own agreement. I understand the allure. Rent-to-own transactions combine the best of a lease and a sale. In… Read More »Oklahoma Rent-to-Own Agreements: WARNINGS from a Local Attorney
Buyer beware! When purchasing from an Oklahoma tax sale, you should confirm title via a quiet title action. A tax property is not insurable and marketable right after the auction. Most of the time, you must do a quiet title… Read More »Title Risks in Oklahoma Tax Properties – Buy Safely to Increase Profit