Arizona Real Estate Property Acts
Arizona real estate law involves an extensive number of property issues from contract terms, loan modifications, leases and legal disputes. Whether you are an owner, landlord or a tenant in residential or commercial properties a Mesa real estate lawyer is essential. Arizona real estate law regarding foreclosures has consequences beyond the potential of property loss. There may be taxes, credit conditions and allowable legal precincts before titleholders can proceed with actions. Real estate lawyers have the knowledge and experience to assist with affirmative actions; ensuring legal rights of the property owner are upheld under Arizona real estate law.
Arizona Real Estate Lawyers
Real estate lawyers are able to make sense of the individual’s state of affairs and determine the proper approach for the best outcome. Arizona real estate transactions can be complicated for both lenders and borrowers especially in today’s economy situations. The actions may involve modifications of a contract between the owner, trustee or lender. Lenders are not required to approve or find an agreeable solution, putting the property owner or borrower into a risky position without legal representation. Legal representation brings the capacity to resolve a financial situation with a mutual agreement.
Arizona Landlord Tenant Law
Finding the best solution is the ultimate goal with home values continuing to decline. As a landlord with tenants, Arizona landlord tenant law does not require landlords to notify tenants of property foreclosures. In 2009, Congress passed the Protecting Tenants in Foreclosure Act, protecting tenants occupying foreclosed properties. Depending on the circumstances and lease conditions, new owners may be required to honor the terms of pre-existing leases. Additional changes have been implemented on Arizona residential agreements requiring an Arizona landlord tenant lawyer.
Generally, Arizona landlord tenant law involves a lease or rental agreement with parties named, terms of maintenance by the landlord and amounts of payment to be paid by the tenant for occupying the property. In the case of default by either party a legal dispute may transpire, resulting in the need to determine abandonment, damages or neglect by a landlord tenant lawyer.
Arizona landlord tenant law is used predominantly for commercial or real property landlord and tenant interactions. Mobile homes are covered under the Arizona Mobile Home Parks Residential Landlord and Tenant Act. As of July 2011 Residential Landlord and Tenant Act has been updated. The Act provides general information some cities in Arizona incorporate their own execution based on the law.
*This blog is written by a third party and nothing in this blog should be taken to constitute professional advice or a formal recommendation and we exclude all representations, warranties, legal liability or responsibility relating to its content. The information in this blog is for general information purposes only.
Wayne Gardner Law
Mesa, AZ 85203