While it might be ideal to own one’s residence, individuals of all ages and circumstances commonly decide that renting is the best and possibly their only option. Thus, many Tennessee residents are currently in a residential rental agreement. While these are common...
Residential Real Estate
I’m buying my first home. Do I need to retain an attorney?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Dec 14, 2021 | Residential Real Estate
Buying a home in Nashville is exciting, whether it is a starter home, a flipper or your forever home. There are many expenses involved in the home buying process, so you may be surprised when the real estate agent you are already working with suggests also retaining a...
Understanding the parol evidence rule
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Dec 13, 2021 | Residential Real Estate
When real estate is exchanged, an agreement is usually formalized in a written contract. Without written contracts, it would not be possible to enforce the agreement in court if a party doesn’t fulfill its obligations. Although this may seem simple on the surface –...
What should I do if a title search reveals a ‘dirty’ title?
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Oct 11, 2021 | Residential Real Estate
The residential real estate market is hot right now in Nashville and across the U.S. with potential homeowners bidding for choice properties, often paying well above the asking price. With so much at stake, those looking to buy or sell a home may want to get to...
Ways to challenge eminent domain
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Jul 28, 2021 | Residential Real Estate
Eminent domain refers to the process by which the government condemns land and takes it for a public purpose. What this means for those impacted is that they can lose their home and should ensure they understand the process and how they can ensure they are treated...
Residential real estate market hits growing pains
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Jul 14, 2021 | Residential Real Estate
Nashville may be Tennessee's biggest city by far, but it does not have the state's hottest residential real estate market. That distinction belongs to Knoxville, where prices have risen by at least 21% since May of last year. This increase has outpaced Nashville,...
Seller property condition disclosures in Tennessee
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Jun 18, 2021 | Residential Real Estate
A home purchase or sale is one of the largest transactions most people will ever complete. In Tennessee, home sellers are required to provide information about the condition of the property to the buyer and must disclose certain property defects to the best of the...
Home inspections can provide important legal protections
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Apr 20, 2021 | Residential Real Estate
A crucial step in the home purchasing process is getting a home inspection. A home inspector's job is look at the main systems of a house to ensure it is in satisfactory condition. Sometimes there are only minor, easily fixable issues. Other times there are more major...
Understanding eminent domain with real estate in Tennessee
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Jan 28, 2021 | Residential Real Estate
People who own property in Tennessee are not expecting the government to simply decide to take it from them for its own use, no matter how important or necessary that use is said to be. However, it can happen based on eminent domain. People who find themselves...
Options when a tenant vacates the premises
On Behalf of The Law Office of Timothy H. Nichols, PLLC | Nov 15, 2020 | Residential Real Estate
In landlord tenant law, there are specific duties a landlord owes to the tenant, specifically in making the rental unit habitable and making necessary repairs in a timely manner. The renter has an obligation to pay for the space he rents. When a renter vacates the...
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