Legal Real Estate Guides: Know the Rules Before You Move

When you’re buying, renting or selling property, the law is the backbone that keeps everything fair. This tag gathers all the practical legal advice you need, from broker fee rules to rental contract basics, so you don’t get caught off guard.

Broker Fees and Fees You Can’t Avoid

Many people wonder if they have to pay a broker in cities like NYC or Boston. The answer depends on local regulations and the type of deal. In New York, the law allows landlords to charge a broker fee, but the amount must be disclosed up front. Boston recently tightened its broker‑fee rules, capping what can be charged on certain rentals. Knowing these limits saves you from surprise invoices.

Rental Agreements and Your Rights

Signing a lease isn’t just paperwork; it’s a legal contract that protects both tenant and landlord. Keep an eye on clauses about security deposits, lease termination, and rent‑increase limits. Some states require a written notice period before raising rent, while others let landlords adjust rates with just a month’s notice. Understanding these details helps you negotiate better terms.

Property registration fees can also feel like a maze. In NYC, the ACRIS system handles the paperwork, but you still need to know the exact fees, deadlines, and supporting documents. Missing a deadline can lead to penalties, so a quick checklist can keep you on track.

If you’re thinking about selling a paid‑off house, the law still plays a role. Capital gains tax, transfer taxes, and local stamp duties may apply even when the mortgage is gone. A simple tax calculator can show you the hidden costs before you list the property.

Commercial real estate comes with its own set of regulations. Zoning laws decide whether a building can be used for office, retail or industrial purposes. Ignoring zoning can stop a deal in its tracks, so always verify the property’s permitted use before you sign.

Investors also need to watch out for the 5‑year lifetime rule when using a Roth IRA for real estate purchases. This rule affects when you can withdraw earnings without penalties, and many investors overlook it until it bites.

Bottom line: legal knowledge turns a risky transaction into a confident one. Bookmark this tag, read the guides that match your situation, and keep a copy of the key points before you sign anything.