Category Archives: Property Law

Second Property Assessment Coming in the Spring of 2017 to Orleans Parish

In December of 2016, the residents of Orleans Parish approved a property tax millage increase for both fire protection and drainage. The New Orleans City Council adopted the millage ordinance on January 26, 2017. Continue reading

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2017 LREC changes to the Mandatory Agreement to Buy or Sell and Residential Property Disclosure Form

As we prepare to enter into the year 2017, it is important that all agents and individuals are informed as to the modifications and additions to the mandatory forms as approved by the LREC. Specifically, those forms include the Residential … Continue reading

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1031 Basics: How to Minimize Tax on Gains of Real Estate Investments

A 1031 exchange is a tool for investors to keep appreciation in their investments properties by deferring the payment of any taxable capital gains. The 1031 designation is the actual Internal Revenue Code article that contains provides the rules and … Continue reading

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The Three Approaches Generally Used By Attorneys When Drafting Sub-Leases

There are countless reasons why an individual or a business entity would enter into a sub-lease of a property. Whether one is moving-in or moving-out, there are numerous legal implications that must be addressed prior to signing a sub-lease agreement. … Continue reading

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5 Areas of Real Estate Law that Owner’s of Commercial (and Residential) Property Should Know.

The following is a list of areas of the law that owner’s of commercial and residential real estate should become familiar with, or at the very least have a relationship with a real estate attorney they can call on. 1.Contract … Continue reading

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Understanding The Importance of Title Insurance

What is title insurance?┬áTitle insurance is in essence an insurance policy written in favor of a named beneficiary in order to protect the named beneficiary from defects that may arise in the chain of title. A chain of title is … Continue reading

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Real Estate & The Ex-Spouse Who Refuses to Sell

Real Estate, Divorce, and Unilateral Actions to Sell Immovable Property. Continue reading

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