Real Estate Law in New Orleans, LA

What Is Real Estate Law?

Are you getting ready to purchase or sell some property? Are you involved in a property or real estate dispute? Or, maybe you are having trouble getting your landlord to make repairs to the home? Whether or not you are a property owner or tenant, you have rights under New Orleans, Louisiana real estate law. Developers, property managers, and investors can also face property issues. Common reasons for this include property rights, access, liabilities, and more. These matters are complicated, so the best first step is to seek the counsel of a qualified New Orleans real estate attorney.

Types of Real Estate Law Disputes

Disputes involving real estate are very common and some of them are quite complex. They often require the intervention of the courts. The courts are seen as the most biased party to weigh in fairly. Learn more about the different types of real estate disputes below.

Escrow Deposit 

If you decide to purchase any New Orleans property, there are certain steps all involved parties must take. One is having an escrow account. A common reason escrow disputes occur is when the closing process fails and the buyer and seller cannot agree on what happens with the funds.

Easement Real Estate Dispute

Easement disputes are one of the most common forms of real estate disputes between neighbors, especially when property ownership changes. An easement allows other people or parties access to use certain portions of your property. Easements are not always granted by a property owner. Information regarding easements is often included in New Orleans, LA  property deeds. Regardless of the reason for the dispute, the resolution often involves hiring an experienced real estate law attorney. Still, one step you can take to resolve the matter before pursuing litigation is talking amicably with the other party.

Fraud/Omissions

Some unscrupulous sellers try to take advantage of buyers by withholding information. Ultimately, they may do this to impact the outcome of the transactions and future ownership. Proving fraud in a real estate transaction can be an uphill battle. It is almost always necessary to work with an experienced New Orleans real estate lawyer to straighten things out.

The New Orleans Officer of Inspector General encourages any buyer or renter in New Orleans to report real estate fraud. If an agent attempts to sell or rent a home to you without the owner’s express consent, this constitutes fraud, and is punishable by law. Other types of fraud you may encounter could include failure to disclose damage to a property, being encouraged to file separate contracts, or having an individual falsify their credentials in order to sell your property.

Contract Breaches

No New Orleans, Louisiana real estate transaction is enforceable without a contract. Not all contracts are valid. The requirements for what to include in a valid real estate agreement vary from state to state. However, documents that are missing certain elements or contain unclear or confusing language and in which one party breaches often result in real estate disputes between sellers and buyers. Real estate contracts are enforceable documents. You should never enter into a real estate transaction in New Orleans without a valid mutually beneficial contract.

Landlord/Tenant

Disputes often arise when Louisiana landlords and tenants cannot agree on repairs, rent arrears, and more. New Orleans, LA tenant and landlord laws are very complex and failure to adhere to them can cause either party to violate the rights of the other. Not only is a valid rental agreement crucial, so is having good legal counsel.

The Louisiana Landlord Tenant Guide is provided by the Attorney General of Louisiana and instructs all residents of New Orleans on the rights and responsibilities of landlords and tenants. Tenants have to abide by the terms of their lease agreement, paying rent on time and conducting themselves in a courteous manner with other tenants. Landlords also have to make reasonable repairs, so long as the tenant or tenants guests are not at fault. They are also required to give written notice if they intend to enter the rental unit, or desire to evict a tenant.

Boundary Lines

Property line disagreements usually occur when adjoining New Orleans, LA property owners do not respect property boundaries. Sometimes this is due to a valid misunderstanding between neighbors. Not all property lines are easy to define and property records are not always accurate or easy to understand. Usually, disagreements arise because of fencing, trees, and other boundary line concerns. Though some Louisiana property owners feel they can take matters into their own hands, doing so could cause more problems. Court intervention is typically the best way to identify and enforce property lines.

Ownership

Ownership issues are common when an owner verbally transfers ownership without documentation. These disputes often happen when someone bequeaths their real estate to another without going through the proper process. Or, there can be other parties with ownership rights, such as certain lien holders. 

Determining the rightful owner of a property in New Orleans is not always easy. Many factors and issues can arise when disagreements over real estate exist.

Liens

Liens can impact your ability to own property or land free and clear. It is possible to sell a property that has liens on it. However, some liens can diminish a property’s sale price. Also, in many cases, liens must clear before securing a mortgage or financing.

The Louisiana State Legislature affirms that creditors in New Orleans may pursue a judgment lien against a debtor to collect payment for an outstanding debt. If this judgment is granted, the creditor can place a lien on your property. Judgment liens can last up to 10 years. However, a creditor may move swiftly once receiving judgment and force the debtor to sell the property in order to satisfy the debt. If you are facing a judgment lien in New Orleans, you will want an experienced attorney by your side.

What Should You Do If You Become Involved in a Real Estate Dispute In New Orleans, Louisiana?

If you have a real estate issue in which you feel your rights are being violated, or there is a specific issue that has you and another party in disagreement, you may want to speak with a qualified New Orleans real estate lawyer. Regardless of the issues involved, you can benefit from having legal guidance.

Learn About Real Estate Law

New Orleans real estate law is quite complex. It is important for you to learn as much as you can about how real estate law applies to your circumstances. Your lawyer will help you to understand what’s at stake and develop a plan of action that helps protect your real estate rights.

Work With an Experienced Real Estate Attorney In New Orleans, Louisiana

Real estate disputes make up the majority of litigation cases. Not all issues require you to go to trial. You should work with an experienced New Orleans lawyer who has the knowledge and experience to get you the resolution you seek. Depending on your disagreement, the courts may include financial compensation and injunctions to prevent retaliation or recurring issues.

Get the legal help you need now. We help Louisiana landlords, renters, property and more resolve their real estate litigation. Additionally, we can even help you connect with an attorney across Louisiana state lines. 

Submit a request online or call us today at (866) 345-6784 to get in touch with an experienced lawyer in your area!