Real Estate Closing and More
Anyone who has bought or sold a home knows that it often is a long and complex closing process. The attorneys at Cray Law PLC are here to guide sellers and buyers through this arduous transaction. Even if you need to navigate different federal, state and municipal laws involved throughout the region, we strive to make it quicker and easier while still being efficient.
Often a person’s largest single investment is their home, and certainly the importance of property ownership started with this area’s original homestead farmers. But purchasers and sellers of commercial real estate can also realize tangible benefits by working closely with experienced local legal counsel.
Important Information about Our Laws
There are several unique elements to local real estate law that we are well-versed in:
- Iowa homestead protection law: This enables homeowners to declare a portion of the equity in their home as a homestead, thus safe from creditors during bankruptcy.
- Rental agreement law: Not only does this govern the rights of renters and landlords, it sets lease agreement terms and limits on security deposits.
- Iowa adverse possession law: This allows those who live openly on and make improvements to a neglected piece of property to gain legal ownership of it.