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Guide to Maryland Real Property Law
Know when to get help with property laws in MarylandMost people don't realize the number of ways that Maryland real property law can affect business owners. For example, zoning laws may prevent you from doing certain types of business on your property. It's important to know all of the facts about property laws in Maryland before you buy.
Before you speak with a Maryland property law firm:
1. Learn the basics of Maryland law. Property owners should still hire a lawyer, but it's easier to make decisions when you have a good understanding of Maryland real property law.
2. Decide how much you can afford to spend on a property attorney. Maryland business owners can save money when they choose a lawyer that charges a per-hour rate instead of a monthly retainer fee.
3. Different industries have different needs. When you choose a lawyer, make sure your lawyer understands your industry in addition to Maryland property law.
Action Steps
The best contacts and resources to help you get it done
Hire an attorney that specializes in Maryland real estate law
Whether your transactions are big or small, it's always a good idea to have a lawyer on hand to make sure that everything goes according to plan. Additionally, your lawyer will do what it takes to protect your interests and stop others from taking legal action against you in the future.
I recommend:
Kramer & Connolly can help you with both your contract and litigation legal needs. You may also have good luck finding a lawyer through FindLaw.
Understand the property insurance required by Maryland real estate law
Maryland real property law requires all property owners, whether commercial or residential to maintain a minimum level of coverage. For added security, many business owners purchase more than the minimum coverage.
I recommend:
The Maryland Insurance Administration has a wealth of information about the insurance laws in Maryland. Nationwide offers property insurance and has locations all over America, including Maryland.
Find a construction lawyer that understands Maryland real estate laws
If you plan on building on your property, or renovating an existing building, you should always consult with a construction attorney to learn about your city's regulations. Sometimes, you'll find that you cannot do what you wanted to do and it's best to learn that before you spend a lot of money.
I recommend:
Bromberg Rosenthall, LLP specializes in construction law and has the experience needed to get the job done. Alternatively, you can search through the member directory at the Maryland State Bar Association.
Tips & Tactics
Helpful advice for making the most of this Guide- It's good to know what you can and cannot do without a real estate attorney in Maryland. Business owners that have an understanding of Maryland real property law may be able to save money by performing some tasks on their own.
