Articles

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Real Estate Basics

Understanding real estate contracts: A Guide for Buyers and Sellers

Real estate contracts are essential for buying and selling property in Texas. They provide clarity and protection for everyone involved. Whether you are an experienced investor or a new professional entering the market, knowing these legal agreements is important. These contracts outline promises, rights, and responsibilities, reducing risks and paving the

Nixon Daughtrey January 10, 2025

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Financial & Real Estate Law

Lis Pendens in Real Estate: What You Need to Know

Every Real estate transactions often come with complex legal processes, especially when property disputes arise. One legal term many property owners and investors encounter is Lis Pendens. This Latin phrase, translating to “pending litigation,” serves as a legal notice indicating that a property is tied to an ongoing lawsuit. Understanding

Nixon Daughtrey January 9, 2025

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Legal Documentation

Step-by-Step Guide to Selling Land or Oil & Gas Rights

Selling land or oil and gas rights is a significant decision that requires careful preparation and informed decision-making. This guide walks you through the process, addressing legal and tax considerations while avoiding common pitfalls. In This Article: Overview of the Process Evaluating the Value of Your Rights Legal Considerations Marketing

Nixon Daughtrey January 8, 2025

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Real Estate Transactions

Proven Expert Land Valuation Tips for Texas Investors

When assessing the value of land, understanding its worth is essential for making informed decisions in real estate. Whether you are a seasoned investor, a broker guiding clients, or a novice stepping into the field, mastering land valuation brings clarity to your real estate goals. From uncovering hidden opportunities to

Nixon Daughtrey January 7, 2025

Oil and Gas Property Rights

Texas Oil Rights: Ownership, Rules, and Benefits

Most Texas landowners do not actually own the oil and gas under their property. That sounds dramatic. It is also true. Somewhere in your title chain, often decades before you bought the land, the minerals were severed. They became a separate property interest with a separate owner, separate rules, and

Nixon Daughtrey January 6, 2025

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Financial & Real Estate Law

How to Use an Affidavit of Heirship in Texas Real Estate Transactions

Understanding Texas real estate laws is crucial for anyone engaging in property transactions in Texas. When a property owner passes away without a will, families often face confusion about how ownership will transfer. One effective tool to simplify matters in these cases is the affidavit of heirship. This document can

Nixon Daughtrey January 5, 2025

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Mineral Rights For Landowners

Midstream Infrastructure: Guide for Oil and Gas Investor

Midstream infrastructure is essential for the oil and gas industry. It helps transport, store, and process resources efficiently. This process moves resources from extraction sites to end-users. Imagine pipelines and storage facilities as the highways and rest stops that keep traffic flowing smoothly. For real estate professionals, investors, and landowners

Nixon Daughtrey January 4, 2025

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Financial & Real Estate Law

What is Adverse Possession in Texas Real Estate Law

Adverse possession is one of the most misunderstood areas of Texas real estate law. It can strip ownership from a property owner who fails to act. It can also grant legal title to someone who has used and maintained land for years without ever holding a deed. Either way, the

Nixon Daughtrey January 3, 2025

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Financial & Real Estate Law

Key Elements and Benefits of Right of First Refusal in Texas

The Right of First Refusal (ROFR) is an important legal tool in Texas real estate. It impacts property deals and ownership relationships. If you own a property, you may want to control future sales. If you are a buyer, you might want first access to a property you desire. Understanding

Nixon Daughtrey January 2, 2025

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Post-Closing Concerns

How are Property Taxes Handled at Closing in Texas

Property taxes in Texas are paid in arrears. That means the tax bill you pay in January covers the previous year. When a property changes hands mid-year, the taxes get split between buyer and seller based on how many days each party owned the property. At Daughtrey Law Firm, we

Nixon Daughtrey January 1, 2025

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