A Texas business divorce guide for LLC and partnership co-owners. Learn how buyouts, valuation, member removal, deadlock, and court-ordered winding up work under the Texas Business Organizations Code.
The Texas Payment Act sets 35-day and 7-day payment deadlines on private jobs, 10-day deadlines on public work, interest on late money, and a 10-day stop-work notice. Here are the rules and a 30-day plan for unpaid contractors and subs.
A title company handles the administrative and insurance side of a real estate closing, verifying that the title is clear and issuing title insurance, while a real estate attorney provides legal advice, reviews and negotiates contract terms, and can represent you if a dispute arises. Texas does not require an attorney for a residential closing, [...]
Choosing a construction attorney in Austin comes down to four criteria. Confirm the attorney actually specializes in construction law rather than treating it as one of many practice areas, make sure the firm can handle both contract work and litigation, ask about direct experience with your specific issue, whether that is a lien, a payment [...]
Most small business owners put off calling a lawyer for one reason. They're afraid the bill will cost more than the problem itself. That fear is usually misplaced. The honest answer is simpler than most owners expect. Much of the legal work you'll need has a known price before you start. Forming a company, drafting [...]
You found the house in Round Rock. The title company sends over a stack of paperwork, and one form names a municipal utility district with a tax rate you didn't plan for. Now you're wondering who reads all this for you. In Texas, a title company runs most closings, and no law requires a lawyer [...]
Most condo buyers spend their due diligence period focused on the unit - the kitchen, the finishes, the view. The reserve fund study sits in a stack of HOA documents that gets skimmed at best and ignored at worst. That's a mistake with a price tag that can run into the tens of thousands. The [...]
Buying a condo in Austin is nothing like buying a house - and if you treat the inspection process the same way, you'll likely miss the issues that matter most. A standard home inspection covers the walls and systems inside your unit. What it won't tell you is whether the HOA is sitting on a [...]
If you just received an HOA foreclosure notice in Texas, stop and read this first. Yes, your homeowners association can foreclose on your home in Texas - even if your mortgage is current, even over a few hundred dollars in unpaid dues. But you have legal rights, you have time, and you have options most [...]
A condo special assessment is one of the most common surprise costs in Texas condo ownership - and one of the least discussed. You close, you budget for HOA dues, and then a bill for $4,000 (or $40,000) arrives with a 60-day deadline attached. I've seen it catch first-time buyers and seasoned investors equally off [...]