Ms. Balvinder Kumar
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Real Estate & Brokerage Law

Real Estate & Brokerage Law

A real estate contract is a legally binding agreement between a buyer and seller concerning title to property.  Since contracts play such an important role in the real estate marketplace, real estate investors must have a thorough understanding of the fundamentals of contract law.  This article covers the various types of contracts, the status of contracts, the legal effect of contracts, essential elements of real estate contracts, and the steps to valid and enforceable real estate contracts.

Real Estate contract price, terms and conditions are negotiated between knowledgeable Buyers and Sellers and made binding between the parties when earnest money has been paid. The Real estate Brokers and agents merely facilitate negotiation using the Texas Real Estate Commission promulgated contract. They cannot modify the language of the contract as that is the Area of practice of law.

A Real Property is a large part of a family’s financial portfolio and a Real Estate Attorney should be consulted before entering into a real estate contract specially to avoid problems may arise in one or more of the following contract provisions.

  • Enforceability issue may arise if the Buyer or the Seller wants to walk out of the deal as the law can force either party for specific performance.
  • Earnest Money Release problem can arise if the innocent buyer has a valid reason to terminate the contract.
  • Contingencies of financing, property condition, survey or Title issues may arise that can put either party to the transaction at peril.
  • There may be Warranty issues, especially in new homes that the Buyer is entitled to for several years after the purchase..

Commercial property or residential property leases have their own legal is and we can help you enforce the land lord/ tenant contract.
We offer real estate law only as an adjunct to our brokerage clients.
We are a real estate Broker advising clients in purchase and sale of Real Estate properties in Greater Houston Metropolitan Area.

Clients Speak
Gagandeep Singh
I have dealt with Balvinder Kumar, Barrister, Solicitor, & Notary Public for my Real Estate Law and Incorporation matters and I find her knowledge and efficient service in these matters extraordinary. I will not hesitate recommending her for a real estate lawyer and any other legal service she is providing. Thanks and appreciate your help in my legal matters.
Jim
We enjoyed meeting with you today and finalizing this very important aspect of our family clarity of our wishes in case of serious health issues such as loss of capacity to manage family affairs and death. My procrastination in keeping these documents made it difficult for my family to access funds necessary to keep our affairs in order. Thanks for your help in making these issues easy to understand and removing the stress caused by the lack of clarity.
Selvin
Balvinder is an exceptional Real Estate Lawyer. I have been recommending my clients to BK Law for a few years now and my clients have been extremely satisfied. Balvinder has always responded to all questions that my clients or I have in a timely manner and has promptly responded to phone calls, emails and text. It has always been pleasure working with Balvinder