Real Estate Lawyers in Terrell

Texas 1031 like-kind exchanges defer capital gains tax on real-estate sales when proceeds reinvest in similar property — strict 45/180-day deadlines + qualified intermediary required.

Texas adverse possession requires 10 years (3 or 5 with color of title / paid taxes / cultivation) of continuous, open, hostile, exclusive, and notorious possession.

Texas property boundary disputes are resolved through surveys, deeds, adverse possession, acquiescence, or boundary-line agreements — but they're often more about neighbors than law.

Texas construction defect claims are governed by statutes of repose (typically 6-15 years from substantial completion), pre-suit notice requirements, and warranty rules — but homeowners have real remedies if they act quickly.

Texas earnest money deposits: 1-2% typical, plus separate option fee ($100-500 typically) for unrestricted termination period. The deposit shows good faith and gives the buyer skin in the game; held in escrow until closing or contract termination.

Texas easements give one party the right to use another's land for a specific purpose — utilities, access, drainage, conservation. Created by deed, prescription, necessity, or implication.

Texas fair housing law — federal Fair Housing Act + state law — protects against discrimination in renting + buying based on race, color, religion, sex, national origin, disability, familial status, and (state-dependent) sexual orientation, source of income, etc.

Texas foreclosure: Non-judicial (very fast). Typical timeline: 27-60 days.

Texas HOAs are governed by recorded covenants/declarations and Texas Property Code Chapters 209 (HOAs) . Disputes commonly involve assessments, architectural-control decisions, rule enforcement, and board governance.

Texas has TWO different homestead exemptions: one for property taxes and a separate one that protects equity from creditors.

Texas eviction (non-payment): 3-day notice to vacate (or as specified in lease). Typical timeline: 21-30 days — among the fastest states. Landlord-friendly posture overall.

Texas lis pendens — recorded notice of pending litigation affecting real property — clouds title and stops sales until resolved. Powerful but limited to specific claims about the property itself.