Ownership and Management

Practices > Real Estate
Issues may arise among common owners, and they may not have a written agreement that addresses the problem – or the agreement may be so general that it provides no guidance. Easements, whether expressly provided for in the deeds or implied by circumstances occurring over time, generate very difficult issues for adjoining landowners. Often family members, co-owners or businesses consider changing the form of the ownership entity. An owner may decide simply to turn management of the property over to a professional, and decisions must then be made about the appropriate and customary terms of such an agreement. And there may come a time when a property tax assessment needs to be appealed.