Do you have a water well that is shared by two or more neighboring properties? Or maybe you have an entryway or driveway that is shared by multiple lots. If so, your access may be insecure – unless you have… Read More »Access or Rights Agreements and Easements Between Neighbors in Oklahoma
The vast majority of residential leases, tenancies, and rental agreements have been affected by COVID-19. Many tenants have lost jobs or had their work hours cut, reducing or eliminating their ability to pay rent on time or altogether. In addition,… Read More »Residential Leases and Evictions During COVID-19 (Guidelines for Landords)
If you’re buying or selling a residential property in Oklahoma, you likely want a standard real estate contract form. It needs to be as fast and easy as possible, but it also needs to be thorough and legally accurate. But… Read More »Oklahoma Real Estate Purchase Contract (And How to Use It)
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
What is a tax warrant in Oklahoma? A tax warrant equals a tax lien. Thankfully, a tax warrant differs from an arrest warrant. Unless you committed blatant tax fraud, you can probably breathe easy! However, tax warrants can still pack a punch.… Read More »WHAT IS A TAX WARRANT IN OKLAHOMA? ANSWERED BY ATTORNEY.
This article explains the rules surrounding a partition action for tenants in common. When multiple individuals own the same property as tenants in common, the property typically qualifies for partition. For a more detailed overview of the partition and forced… Read More »Partition Action for Tenants In Common
Can siblings force the sale of inherited property? Yes, generally such property qualifies for a partition action. However, do not simply assume. Educate yourself with this detailed overview of forced sale and partition actions. WHY WOULD SIBLINGS FORCE A SALE? When… Read More »Can siblings force the sale of inherited property?
A partition action forces the sale of jointly owned property and divides the sale proceeds. Less commonly, a partition divides the property itself, such that each co-owner receives a fractional piece. This often results from inherited property, divorced spouses, or… Read More »What is a partition action? (Partition lawsuits explained)
8-12 weeks is a typical quiet title time frame. However, do not assume that your quiet title is a typical one! There may be other factors at play. To accurately estimate your unique quiet title time frame, you must be aware of… Read More »QUIET TITLE TIME FRAME: HOW LONG DOES IT TAKE?
IF YOU OWN YOUR PERSONAL RESIDENCE IN AN LLC, ARE YOU SUBJECT TO CAPITAL GAINS TAX? For privacy and liability reasons, some homeowners hold title to a personal residence in the name of a limited liability company (LLC). Generally, this… Read More »PERSONAL RESIDENCE IN AN LLC – IMPACT ON CAPITAL GAINS TAX