Real Estate

Recent Idaho Lien Amendments [3 Specific Changes Contractors Should Be Aware Of]

Idaho attorney Chad Moody gives an overview of the recent changes to Idaho lien law for Idaho contractors that went into effect on July 1, 2022.

Previously in another video, Wyatt Johnson discusses mechanics liens in Idaho. We highly encourage you to watch that video before this one for a better understanding of the content.

A recent change to Idaho's mechanics lien statute is especially noteworthy for contractors, subcontractors, and rental equipment providers. Idaho law provides complex details pertaining to the scope, rights, and obligations and, ultimately the enforcement procedures of these mechanics liens. [This video does not address each of these issues.]

Subdividing Property In Idaho

Real Estate is one of the greatest (if not best) investments a person could make. If you are a land developer, residential developer, personal investor, or construction company, there could be benefits to building subdivision development projects in residential and other areas. Subdivision developments can be financially beneficial and pleasing to investors and potential homeowners. However, while a subdivision is profitable, it is not always easy to manage and can be expensive. Despite these issues, there are some caveats every investor needs to understand about subdividing and how it works so it can become part of their real estate investment portfolio. 

Factors to consider when subdividing property:

Buying A Rental Property With Existing Tenants: A Quick Guide

Usually, when you are buying an investment property, it's vacant. Investors often have to fix up the property and put it in rent-ready conditions for tenants. However, some properties sell with tenants living in them already, which can mean several things for someone interested in buying said property. Each investment property comes with its risks and rewards. However, there are ins and outs to buying a tenant-occupied rental property. Every person considering investing should know the potential roadblocks and the benefits of inheriting tenants with your new investment property. See Idaho Code § 55-307.

Purchase and Sale Agreements

Real estate purchase and sale agreements are the result of highly detailed transactions. Commercial purchase and sale transactions, in particular, entail complex challenges for real estate investors and sellers alike. Protect yourself when dealing with major investments and the considerable risks that accompany them. An experienced real estate lawyer will bring not only the legal negotiation skills you need to ensure a profitable and fair outcome, but the business acumen required to navigate the complexities of the real estate market. 

Conservation Easements

Easements are legal agreements made between real property owners and other parties. Easements may allow outside parties to use the owner’s property for a given time, for given circumstances, so long as they adhere to any restrictions made by the property owner. These easements can be granted to third parties, neighboring property owners, or government agencies. 

There are multiple types of easements depending on the property law of a given state. In this article, we will focus on one type: conservation easements.

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