According to the law, Real estate refers to land, as well as anything permanently attached to the land, such as buildings and other structures. Some people use the term “real property” to refer to land without structures. The ownership of real estate can have particular limits. For example, an owner might grant an easement or acquire property that is subject to an easement, and thereby give up the right to exclude people from that part of the property. Similarly, an owner might buy property in a subdivision that is subject to covenants that restrict how the owner can use the property. Other limitations are defined by governmental agencies such as environmental laws.
Real estate law can be complicated and confusing and often closely tied to other areas of law. For example, contract law governs the sale of real estate and requires that such contracts be in writing. Contact Tim today to find out how he can help simplify your real estate challenges.
It is no secret that in the last several years home owners and business persons alike have faced the most foreclosures on real property in the history of Oregon. Tim Elliott has represented many Oregon home and business owners in dealing with foreclosures, including residential and commercial foreclosures, loan modifications and refinance applications.
Dealing with this process, whether under the Home Affordable Modification Program, or with another type of loan, can be overwhelming. Having someone experienced on your side can help you not only understand the legal consequences of foreclosure, but manage the process of applying for a modification, and give you information about your options.
To discuss a pending or possible foreclosure with Tim Elliott, Call (541) 647-1408.