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Navigating the world of real estate can prove to be quite a challenge, especially if you do not know what you are doing.
Affordable Lawyers Charlotte NC is the number one source for all your real estate needs.
It is our mission to equip you with all the tools you need.
If you are planning to invest in North Carolina real estate then it is vital that you have an understanding of the legal system behind it. In fact, legal knowledge has become doubly important once you consider how tricky the market has become in recent years.
Real Estate Laws
Real estate law is a multifaceted field. There is also the fact that there are numerous laws in North Carolina pertaining to matters of real estate. Presented below are some of the basic real estate law categories:
- Rental Agreement Laws – These laws mostly focus on the dynamics of the tenant-landlord relationship. They present the rights and responsibilities both parties must uphold. In particular, these laws outline the specific contract provisions allowed in rental and lease agreements. For instance, according to the law, landlords can only charge up to two months’ worth of rent for their tenant’s security deposit. It is also specified that the landlord must give back the deposit within 30 days after the contract has expired without issue.
- Homestead Laws – These laws provide the necessary protection for homeowners. It does so by providing the specific grounds which allow homeowners to remain in their homes despite threats of foreclosure and eviction.
This article provides readers with an initial look at the state’s various real estate laws. With all the sharks roaming around the market today, you can never know when your legal savvy might come in handy.
Most people do not think about their own death on a regular basis. I would suggest that it is not something that you should do all the time simply because it is somewhat depressing. The old adage is that there are two things you can count on in life; death and taxes. Though estate planning can’t help you avoid death, it can help you avoid unnecessary taxes. It can also help you alleviate the burden that your family will face in the time of your loss.
Estate planning is a simple way to provide yourself and your family peace of mind that things will be fine if you are no longer with them. A proper estate plan will not simply say what you want to have done with your favorite T-Shirt or where you want to be buried. It will help you determine what happens to your stuff, what you want to happen if you are in a coma or in need of artificial life sustaining treatment and even how your pets will be taken care of when you pass. The most comprehensive of packages will take a look at all of your assets and find the proper direction for them to go. It will contemplate the tax implications of the transfer of your assets after death. It will designate beneficiaries and powers of attorney. It will also make sure that you have the proper amounts of life insurance and a guardian named for your minor children.
The final result of a proper estate planning package should be a comprehensive look at your life and how it is today. It should take a freeze frame of your current situation and make sure that if something were to happen to you today or in the near future that you are comfortable with the outcomes if it were to happen that second. It also needs to have enough foresight to allow some time to pass before you need to renew the plan.
For any person that has had any significant change in their life, it is a perfect time to revisit your estate planning that was done previously. The addition of a new child, a divorce, a marriage or any other major life change provides a perfect reason to create or revisit the plan you have. Each of these events can cause a new need to arise that it will be helpful to prepare for.
Take a moment to make sure that your estate plan is adjusted to your current situation. Consult Meek Law Firm today for a comprehensive estate plan review.
In a proceeding to modify the amount of child support payable under a child support order that was entered at least three years before the pending motion to modify was filed, a difference of 15% or more between the amount of child support payable under the existing order and the amount of child support resulting from application of the guidelines based on the parents’ current incomes and circumstances shall be presumed to constitute a substantial change of circumstances warranting modification of the existing child support order.
What? This is what the guideline says…but what does it really mean?
It basically means that the court will be looking for a significant “change in circumstances” for the parent that is currently paying child support. Typically this means that the parent paying child support has had an increase or decrease in their wages. The court will not likely consider modification unless the increase or decrease in income is at least 15% up or 15% down from the time the last review of child support was made. However, there are other reasons for seeking modification besides income changes.
The person paying child support may be entitled to have credit given to them for certain things. For example, how many nights the child stays with the parent paying child support per month, other children that the parent is supporting, health care premiums paid by that parent for the child, or child care paid for the child. All of these things may become a factor when considering a modification.
You may be entitled to a modification or credits in your child support and it has not been reported properly. Regardless, if you are paying or receiving child support, it is in the best interest of the child to keep good records and understand what needs to be paid to support the child. Every court in North Carolina, and arguably the entire US, is working very hard for the best interests of the child in these situations. As always, the internet is full of information to educate yourself. Look up a NC Child Support Calculator to try and calculate what your proper amount should be.
Contact Meek Law Firm today to have us assist you with your child support modification. Call (704) 848-6335 or use the contact form on the right of this page to schedule a consultation appointment.
You are not required to have a lawyer for almost anything you can do at the particular courthouse you have to report to. In most actions, especially those involving traffic citations, a person can show up and represent themselves. Even in slightly more serious matters the Court will grant a pro se litigant (person that is representing themselves) a certain amount of leeway for not knowing the rules of the court and how to apply them to the case.
However, as with all things you must ask yourself, do I really know what I am doing and should I have an expert help me with this. As a business owner I have always worked hard to try and not pay someone else for something that I could figure out myself. The trick is to know when you need an expert. Representing yourself in court is kind of like attempting to play a sport for the first time. You can look up the rules, you can think up the things that will possibly work but you have still never played the game before. Furthermore, if you want to play the game at any level other than recreational leagues you absolutely need to have a coach to help you get the fundamentals down.
I use this analogy to illustrate this point. Attorneys are here to act as coaches when it comes to a traffic violation or any other case. The desired outcome is chosen by you, the client, but the means to that end are chosen by the Attorney. The good attorney acts as a coach to help guide you away from pitfalls from the beginning. Furthermore, the Attorney may be able to give you more options than you thought were available to you. Many Attorneys will give you a free consultation so that they can make a judgment call as to if you even need an attorney or if your case has merit to be taken to court. Just finding one that will do this for you can give you great insight into whether or not you need to have representation.
As an attorney in NC, I know that we are trained to know the rules and how to most efficiently and effectively help the client. There is no way that every case, that you ask an attorney to help you with, will be dismissed. However, just like you would help yourself by getting a coach to help you play cricket for the first time, an attorney can help get you the information that you need to know before going into court and, if you decide for representation, help you make the strongest case that you can in court.
Contact Meek Law Firm today to have us represent you in your court proceeding. Call (704) 848-6335 or use the contact form on the right side of this page to schedule a consultation appointment.
Buying real estate properties is a serious step in terms of your finances, one that should not be taken lightly. Similar to other investment schemes, real estate also comes with its own risks. However, the rewards are so much greater.
This article presents a couple of basic tips when buying real estate properties.
Real Estate Buying Tips
Many people do not realize that there are actually several ways to purchase real estate. For instance, the best method would be to pay for it with cash up front. However, this option is unavailable for lots of people simply because they can’t afford to do it this way.
That is why most investors opt to take out a mortgage. This method, commonly called using a leverage, is the most popular option nowadays. This is because it lets investors acquire the property they want but would not be able to afford otherwise. Keep in mind, however, that this can be a risky method in a falling market. If you are not careful, the expanding interest and regular payments alone can have an adverse effect on your finances. drive the real estate investor into bankruptcy if they aren’t careful.
Of course, you can also opt to acquire real estate through limited partnerships. This way the rest of your finances won’t be affected if the worst happens.
These are just a few things you could do if you are considering buying real estate. Keep them in mind to avoid trouble down the road.