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Owning and operating a commercial property can be an excellent investment for business owners. One of the factors you need to consider when purchasing your property is the location. Understanding the transportation infrastructure, economic standing, job market, accessibility and population trends in the area where your property is located can help you make an informed…

Homeowners’ Associations (HOAs) often perform duties that help maintain peace and quiet within the community. However, conflict can sometimes be unavoidable, and members may disagree with certain restrictions. While HOA reps and associates can resolve simple conflicts through a discussion, some complex issues may be more challenging to address. If the two parties cannot…

Real estate investors have varied reasons for buying a property. They could be looking for residential properties they can use as vacation homes or commercial buildings they can lease to business owners. There are also times when real estate investors consider buying properties with conversion in mind—turning a residential property into a commercial one, or vice…

Most communities in Texas are managed by the Homeowners Association (HOA). The HOA plays a significant part in maintaining property value within the community and keeping harmony among the residents. However, while fulfilling their responsibilities, an HOA could face challenges that could potentially lead to lawsuits. Legal action against an HOA could stem from varied issues…

Property Owners’ Associations (POAs) are organizations that help maintain peace within the community. As part of their duties, they impose various restrictions to keep members content and prevent conflicts. That said, Texas law places certain limits on what POAs can ban. As a POA representative, you may have to familiarize yourself with the limitations of the…

Homeowners associations (HOAs) take the lead in fostering a sense of shared responsibility and consistency in their communities. However, conflicts may occur when owners renovate or modify their homes without proper permits. Understanding the HOA’s role in situations like these can help navigate a smooth resolution in these circumstances. Protecting property values and community…

An appraisal gives an unbiased estimate of a property’s market value. This key estimate factors into many aspects of property transactions, from selling to financing. It’s just as important when buying commercial real estate. But sometimes, the appraisal process might not go as smoothly as you’d like. You might face challenges finding comparable properties, securing enough…

The homeowners association (HOA) plays a crucial role in maintaining the order and integrity of a community. With this goal in mind, they are entrusted to enforce neighborhood policies, such as restrictions on house aesthetics, use of communal spaces and collection of fees. While HOAs have the flexibility to establish policies tailored for their…

Leasing property can usually be a steady source of income but could also lead to legal problems, depending on the situation. In certain circumstances, the property owner may have no choice but to ask their tenant to leave by initiating the eviction process. Deciding to evict someone may not take much time, but going…

The structuring of Property Owners’ Associations (POAs) as non-profit corporations provides them with some legal protections. However, they are not entirely safe from legal threats. POAs must manage business affairs while balancing the wants and needs of their community. With a broad scope of operations and several stakeholders involved, the legal issues a POA…