Landowners in Jackson may have heard of the phrase, "eminent domain," but they may not know exactly what it means. Under the law of eminent domain, the government can take private property for public use only if the property owner is given just compensation in return. The "Takings Clause" of the Fifth Amendment to the U.S. Constitution serves as the basis for the law of eminent domain.
Deciding to purchase a home or commercial building in Tennessee can be a huge step in a person's life. After all, individuals looking to become homeowners have often worked hard to save a down payment with the dream that one day they'll own a piece of property to do with what they wish, and businesses looking to build or purchase their own premises do so with the intention that owning real estate will be better for their enterprise than renting.
Sometimes issues come up between landlords and tenants in Tennessee. A landlord may believe the tenant has breached their lease in some fashion. This can be frustrating, and the landlord may wish to retake control of the rental property as quickly as possible. It can be tempting to do this without going through the eviction process as outlined in state law. This is known as a "self-help" eviction.
"Good fences make good neighbors" is how the old adage goes. Many residents of Tennessee mark off the property lines around their home with a fence. While generally this is a good way to ensure privacy, there may come times when neighbors disagree about where the property line lies. When it comes to disputed boundaries, the courts will consider the following factors in order of importance.
Purchasing real estate in Tennessee, whether it is your first home, an investment property or commercial property, is essentially a legal transaction. One part of the transaction is the execution of a purchase contract. The following are some provisions that can be included in a well-rounded purchase contract.
Sometimes, a tenant violates their lease with the landlord, forcing the landlord to take legal action. Madison County is subject to the Uniform Residential Landlord and Tenant Act. This act lays out the process landlords in Jackson must follow to evict a tenant.
Sometimes the United States government needs to take a person's land or other private property so the property can be used for a public purpose. In exchange for doing so, the government will pay the property owner just compensation. The government's power to take land is called the power of eminent domain, and it can be found in the Fifth Amendment of the U.S. Constitution. It is important for property owners in Tennessee and elsewhere to have a basic understanding of this power and what their rights are when faced with it.
College towns are filling up with students as summer ends and the new school year begins. However, some college students in Tennessee may be looking for a new place to live due to the pending foreclosure of a large apartment complex.
Many people in Tennessee who rent their home have a basic understanding of the obligations their landlord has to them, as well as their rights as a tenant. However, tenants in Tennessee also have obligations to their landlords that are equally important.
Many people in Tennessee only have a limited understanding of the world of real estate. Maybe they have rented an apartment or purchased a home, but other than that have little real estate experience. However, the realm of real estate issues is much greater than that. It is a complex area of law that often necessitates professional assistance to navigate.