When a contractor is not properly paid for labor and/or services—or when they claim that they are not properly paid—they have the right to seek a mechanic’s lien on real property. The Cornell Legal Information Institute defines a mechanic’s lien as “a security interest that may be acquired in property by someone who spends material …

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Real estate transactions are complicated. Before you finalize the sale of residential or commercial property in North Carolina, it is imperative that you ensure that all documents are in order. As the world of real estate is full of ‘jargon’, there is a lot of confusion over what exactly terms mean. Notably, the terms “title” …

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The residential real estate market has been blazing hot. The median residential real estate price in North Carolina hit a record high in 2021. With more at stake in real estate transactions than ever before, there has also been a rise in real estate-related disputes. During this market, it is crucial that all parties know …

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As simply defined by Investopedia, a title is a legal document “that shows legal ownership to a property.” If you are buying or selling residential or commercial real estate in North Carolina, it is crucial that you are familiar with the potential issues that can arise with the title. Here, our Monroe real estate attorneys …

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The real estate market has been especially hot over the past 12 months. Earlier this year, the Carolina Public Press reported that the housing market in North Carolina “exploded” as pandemic-related restrictions started to ease. In this market, it is crucial that you are prepared to navigate the transaction. Real estate transactions are complicated. Whether …

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The National Association of Realtors (NAR) reports that six million homes are sold in the United States every year. Earlier this year, CNBC reported that home prices rose at a historic rate. In order to be savvy consumers, buyers and sellers must have the tools and information they need to navigate such a dynamic real …

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Purchasing a home in cash holds a myriad of benefits for both parties. For the buyer, it presents the possibility of a faster closing and allows you a strong negotiating position. The seller, on the other hand, may also face fewer obstacles such as waiting on buyer approval. Though a cash closing is typically simpler …

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The Importance of Understanding the Agreement When buying or selling a home, one of the most important documents you will sign is the Offer to Purchase and Contract. This is a legally binding document that details the terms and conditions of the transaction, and also sets a fixed timeline for the closing. Often, the contract …

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What Really Happens On Closing Day Real estate closings have a reputation for being stressful, complicated, and time-consuming. But do you really know what happens on closing day? Here is a summary from experienced Monroe, NC real estate attorneys about what to expect on closing day and some helpful tips to make sure everything goes …

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  Spring home-buying season is upon us! While buying a new home should be exciting and fun, there are also major legal considerations at each step of the home buying process. If you are not careful, you can easily make a legal mistake that can have long-lasting consequences. First time home buyers can be especially …

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