All business owners in North Carolina should be concerned with real property law in North Carolina. Due to these laws, there may be restrictions on the use of your property. Luckily, it's easy to hire a lawyer to help you understand North Carolina real property law.

North Carolina real estate laws may affect several areas of your business and it's better to know and work with the laws than to ignore the laws and make changes or pay fines if you unknowingly break it.

Consider the following about North Carolina property laws:

1. Business owners that hire a lawyer generally feel more confident that they are working within the real estate laws in North Carolina. It gives you greater peace of mind.

2. Lawyers typically charge on a per-hour or a retainer basis. If you will only need a lawyer to complete a few tasks pertaining to North Carolina real estate law, the per-hour rate is usually a more cost-effective choice.

3. Lawyers are important for business owners because they will draw up contracts that favor your business. You make a big mistake when you use someone else's lawyer for large transactions like purchasing or selling property.

Action Steps
The best contacts and resources to help you get it done

Get the insurance you need according to real estate laws in NC

Real estate law in North Carolina requires you to purchase a minimum level of property insurance to protect against damages. Most business owners choose to purchase more than the minimum level to feel more secure.

I recommend: Visit the North Carolina Department of Insurance to learn about their requirements for property and casualty insurance. After you've decided how much insurance you wish to purchase, go to USAA to check on their competitive packages.

Hire an attorney that specializes in property law in NC

You'll feel more confident if you have an attorney that's working in your best interest, especially as you begin to make larger transactions.

I recommend: Gates Law Firm in Charlotte offers legal advice on both residential and commercial transactions. If you live outside of that area, you may want to check Lawyers.com to find a qualified lawyer that's closer to you.

Speak to an environmental lawyer about property laws in NC

There are some North Carolina real property laws that exist to protect the environment. For example, there are certain ways that you must handle the disposal of toxic waste. An environmental lawyer can help you navigate these laws to make sure that you stay within the law.

I recommend: Find an environmental lawyer through the Southern Environmental Law Center (SELC). This organization is one of the most powerful environmental organizations that exists in the southern states. Alternatively, you can find a lawyer through the North Carolina State Bar.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  Choose a lawyer that understands your particular industry as well as North Carolina real property law. For example, an agricultural business may want to choose a lawyer that has knowledge of agricultural law.