What do a commercial litigator, a divorce attorney, an eminent domain lawyer, a banking attorney and a general practitioner have in common? At some point, each will encounter real property, either as the subject of litigation or as collateral in a settlement agreement.
The complexities and nuances of real estate law have trapped even the most sophisticated real estate lawyers, much less lawyers in other practice areas who only rarely deal with real property. Here are three traps for the unwary in real estate law and practical steps to avoid them.
