Kristi Hancock Law, PLLC | Trust us to Protect You and Your Property

The practice area of real estate and property law deals with a variety of related issues. We are versed in many different activities, from the mundane drafting of deeds and filing of liens, to handling boundary and zoning disputes and even assisting families in court when threatened with foreclosure.

Purchase & Sale Contracts: 
Preparation and/or review of purchase and sale agreements on behalf of buyers and sellers. Our firm can provide assistance throughout the real estate transaction.

For Sale By Owner:

Represent sellers (and buyers) of real state who do not have a real estate broker involved in the transaction.
Short Sale and Loan Modifications: 
Negotiation of short sale and loan modification transactions for homeowners seeking to avoid foreclosure.  A short sale or loan modification is a great option for many of our clients, but there are some steps to this process.  Not every client can use this option, but it can be a possible solution to avoid bankruptcy or foreclosure.  We’re happy to help you with this area of real estate law.  Don’t be afraid to call us for advice about the options you have regarding short sales.  We’re here to help you move through this stressful situation. 

There are many different kinds of foreclosures, and if you are facing this kind of stress it’s important to have sound legal advice.  The unfortunate thing for many people facing foreclosure is that they give up before they should.  They assume all is lost and the just give up.  There are a number of things you can do to work through this situation, but it’s important not to wait too long.  The earlier that you obtain the advice of a real estate lawyer the easier it can be to achieve a suitable outcome.

Lease Transactions: 
Representation of landlords and tenants in commercial and residential lease transactions, drafting, negotiation, and review of all types of commercial, business, and residential leases.

Landlord/Tenant Disputes: 
Litigation of eviction matters and other tenant and landlord disputes. Evictions are another piece of real estate law that we are experienced in.  We understand how stressful the eviction process can be and we are here to lend a helping hand.  Bring our experience to the table and don’t be afraid to call with any questions you might have.

Title Analysis: 
Consulting with clients on title problems including ownership, disputed boundaries, access, leasehold interests or subordinate rights, covenants, and easements.

Land Use & Development: 
Issues relating to water rights, environmental issues, planning & zoning, building, and land-use regulations. Negotiation of construction loan documentation and purchase contracts.

Representation of clients in disputes involving claims asserted by property owners, tenants, lenders and borrowers. 

Section 1031 Exchanges:

Whenever you sell business or investment property and you have a gain, you generally have to pay tax on the gain at the time of sale. IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free.
The exchange can include like-kind property exclusively or it can include like-kind property along with cash, liabilities and property that are not like-kind. If you receive cash, relief from debt, or property that is not like-kind, however, you may trigger some taxable gain in the year of the exchange. There can be both deferred and recognized gain in the same transaction when a taxpayer exchanges for like-kind property of lesser value.

Homeowners Association Law:

Homeowners Association Law relates to the the creation and enforcement of organizations and their rules that manage and community associations and help to maintain their appearance and value. Most homeowners associations and condominiums are made up of a common residential asset managed through a chosen Board of Directors. Membership is mandatory upon the purchase of real estate situated in the association. State laws, local bylaws, and organizational rules all relate to the management of the community.