Real Estate Law
Shelton Walkley Mackey is recognized as one of Oklahoma’s leading firms for both residential and commercial real estate issues. Our attorneys represent residential and commercial property owners, buyers, sellers, lessees, developers, landlords, tenants, property managers, real estate agents, home inspectors, and others in transactional matters as well as in negotiations and in real-estate related litigation. Our Oklahoma City real estate attorneys have had numerous articles published in the Oklahoma Bar Journal and have given seminars to other practitioners on emerging law and cases in the real estate field.How Can a Real Estate Attorney Help Me?
Real estate law is a branch of civil law that addresses the rights to possess, use, and enjoy land and any permanent fixtures attached to the land, such as buildings. Interests in land not only include ownership, but lesser interests such as leaseholds, easements, liens, tenancies, mineral rights, mortgages, and the like. The real estate attorneys at Shelton Walkley Mackey advise clients with a variety of transactional matters, and are also capable trial advocates in the event a dispute arises between parties that require litigation.Real Estate Transactions
Real estate transactions may include sales, transfers, leases, title changes, loans, and other matters, for which there are a raft of federal and state laws and regulations in place to govern how these transactions must or may be structured or handled.
Whether you are buying or selling property or dealing with some other real estate transaction, there are various people and organizations you are dealing with at different stages of the process. Naturally, each of these parties is seeking to advance his own particular interests, which may or may not coincide with your own. By hiring a real estate attorney to act as your advocate or advisor, you can make sure that your interests are protected.
The fact is, real estate transactions are frequently of critical financial and practical importance, whether you are dealing with a personal or business matter. Problems in both the short- and long-term could end up with financially devastating consequences, and the best way to handle a transactional problem is to avoid it altogether—by making sure that whatever agreement you enter into is carefully drafted for the purpose of protecting your interests should unfortunate contingencies arise.
Shelton Walkley Mackey can provide you with advice or representation in a wide variety of matters, including:
- Reviewing, drafting, and/or negotiating a commercial lease (including negotiating landlord/tenant improvements);
- Breach of contract ;
- Misrepresentation claims (e.g., failure to disclose defects);
- Evaluating inspection reports;
- Breach of warranty;
- Construction contract disputes;
- Construction defects;
- Real estate fraud / mortgage fraud;
- Commercial lease disputes;
- Foreclosures (owner or lender representation);
- Quiet title actions (disputed ownership); and
- Easements and boundary disputes.
A qualified and experienced real estate attorney can help you to understand and make decisions regarding laws, contractual terms, and financial arrangements, as well as investigate and alert you to some potential concerns that you may not realize or anticipate, such as:
- Proposed zoning or general plan changes that could affect the long-term utility or value of the property;
- Building code or permitting problems on existing structures;
- The advisability of obtaining additional inspections or assessments, and evaluating the significance of problems disclosed in inspections ( e.g., termites, mold, leaks, duct problems, faulty structural integrity);
- Environmental or potential environmental issues (such as wetlands or pollutants);
- Covenants or restrictions on the property;
- Chain of title problems;
- Tax burdens and tax ramifications of various financing arrangements; and
- Other potential issues.
The reason real estate transactions involve so much paperwork—with page after page of terms, conditions, and technical and legal language—is that problems occasionally arise in which the parties will need to determine who is legally responsible for bearing the cost or other burden of the problem. When these disputes arise, you may find yourself involved in litigation.
If you intend to litigate regarding a real estate transaction—whether as plaintiff or defendant—it is essential that you hire an attorney who is well-versed in real estate law within the appropriate jurisdiction. Not only are the laws, regulations, and case law complicated and extensive, but real estate-related contracts and agreements have a special language and import that only a real estate attorney may be qualified to understand. When so much is at stake, you want to make sure that your attorney is an experienced and knowledgeable advocate.Call Shelton Walkley Mackey to Handle Your Real Estate Law Issues
The Oklahoma real estate lawyers at Shelton Walkley Mackey have decades of experience helping clients deal with real estate issues. If we can help you with a real estate matter in Oklahoma City, Oklahoma County, or any of the surrounding communities, call us today at (405) 605-8800, or use the online form on this website.