Valdez Real Estate Lawyer, New Mexico

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Roy L. Armstrong

Commercial Real Estate, Litigation, Gift Taxation, Administrative Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Julia Lacy Armstrong

Commercial Real Estate, Litigation, State Appellate Practice, Business & Trade, Constitutional Law
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Paloma G. Romo

Transportation & Shipping, Landlord-Tenant, Natural Resources, Wills
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Gary M. Feuerman

Corporate, Landlord-Tenant, Credit & Debt, Bankruptcy
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Judith Miller Kasper

Federal, Commercial Real Estate, Estate, Military & Veterans Appeals, Power of Attorney
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Kelan Emery

Commercial Real Estate, Corporate, Family Law, Estate Planning
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Dennis Manzanares

Residential Real Estate, Real Estate, Wills & Probate, Estate, Limited Liability Companies
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Albert Simms

Commercial Real Estate, Landlord-Tenant, Estate Planning, Natural Resources
Status:  Inactive *Status is reviewed annually. For latest information visit here           

Mary Lane Leslie

Real Estate Other, Estate, Criminal, Business
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Elizabeth A. Musselman

Landlord-Tenant, Family Law, Children's Rights, Wills, Guardianships & Conservatorships
Status:  In Good Standing *Status is reviewed annually. For latest information visit here           

Free Help: Use This Form or Call 800-814-6700

Member Representative

Call me for fastest results!
800-814-6700

Free Help: Use This Form or Call 800-814-6700

By submitting this request, I authorize you to forward my information to multiple potential lawyers and I agree to your Terms of Use and Privacy Policy including the Consent to Receive Automated Phone Calls, Emails and Texts. Information you provide is not privileged or confidential.

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LEGAL TERMS

REAL ESTATE

Land and the property permanently attached to it, such as buildings, houses, stationary mobile homes, fences and trees. In legalese, real estate is also called ... (more...)
Land and the property permanently attached to it, such as buildings, houses, stationary mobile homes, fences and trees. In legalese, real estate is also called real property.

APPRAISER

A person who is hired to determine the current value of real estate or other property.

MORTGAGE

A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender... (more...)
A loan in which the borrower puts up the title to real estate as security (collateral) for a loan. If the borrower doesn't pay back the debt on time, the lender can foreclose on the real estate and have it sold to pay off the loan.

PRIVATE MORTGAGE INSURANCE (PMI)

Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortga... (more...)
Insurance that reimburses a mortgage lender if the buyer defaults on the loan and the foreclosure sale price is less than the amount owed the lender (the mortgage plus the costs of the sale). A home buyer who makes less than a 20% down payment may have to purchase PMI.

TENANCY IN COMMON

A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owner... (more...)
A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owners, as is required with joint tenancy. In some states, two people are presumed to own property as tenants in common unless they've agreed otherwise in writing.

QUIET ENJOYMENT

The right of a property owner or tenant to enjoy his or her property without interference. Disruption of quiet enjoyment may constitute a nuisance. Leases and r... (more...)
The right of a property owner or tenant to enjoy his or her property without interference. Disruption of quiet enjoyment may constitute a nuisance. Leases and rental agreements often contain a 'covenant of quiet enjoyment,' expressly obligating the landlord to see that tenants have the opportunity to live undisturbed.

ESCHEAT

The forfeit of all property to the state when a person dies without heirs.

LEASE

An oral or written agreement (a contract) between two people concerning the use by one of the property of the other. A person can lease real estate (such as an ... (more...)
An oral or written agreement (a contract) between two people concerning the use by one of the property of the other. A person can lease real estate (such as an apartment or business property) or personal property (such as a car or a boat). A lease should cover basic issues such as when the lease will begin and end, the rent or other costs, how payments should be made, and any restrictions on the use of the property. The property owner is often called the 'lessor,' and the person using the property is called the 'lessee.'

DEED IN LIEU (OF FORECLOSURE)

A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept... (more...)
A means of escaping an overly burdenome mortgage. If a homeowner can't make the mortgage payments and can't find a buyer for the house, many lenders will accept ownership of the property in place of the money owed on the mortgage. Even if the lender won't agree to accept the property, the homeowner can prepare a quitclaim deed that unilaterally transfers the homeowner's property rights to the lender.

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