Missouri Real Estate & Construction Law
Springfield Real Estate Attorneys Practicing Throughout Missouri
Neale & Newman, L.L.P.'s Springfield real estate lawyers handle real estate and construction-related legal matters for clients throughout Missouri. A large firm with small town roots, we treat our clients like we would treat our neighbors: with courtesy and respect.
With over 100 years of operation in Missouri, we understand very well the trends, shifts, and dynamics of real estate in Springfield. As real estate laws have evolved and grown more complex, we have kept up with the times. We handle all aspects of real estate transactions and litigation, representing buyers, sellers, and general contractors.
Contact Neale & Newman to consult with us about how we can help you with your real estate and construction-related legal issue. Our Springfield real estate lawyers practice throughout Southwest Missouri. Call today!
Our Real Estate Attorneys in Springfield, Mo, Handle Various Real Estate and Property Law Issues
A skilled real estate lawyer from our team can assist you with the following transactions and issues:
- Commercial transactions
- Leasing and landlord/tenant issues (including percentage leases, multiple locations, head leases, ground leases, and subleases)
- Purchase and sale agreements
- Administrative issues regarding land use, zoning, and condemnation
- Condominiums (including converting cabins and resorts into condominiums)
- Office condos
- Timeshares (including mortgage and foreclosure issues)
Real Estate Litigation
Real estate law is complex, and it governs some of the largest investments most people ever make. When conflicts occur, the stakes are high. We can handle it. Neale & Newman is a sophisticated law firm capable of handling complex litigation against any opponent. We represent clients nationally and internationally.
Missouri Foreclosure Laws
What is a Foreclosure?
Foreclosure is a legal process that forces the sale of a property to cover a debt. It can happen when someone takes out a mortgage to buy a home and then stops making payments.
The bank will file a foreclosure action in a St. Louis court or begin a non-judicial foreclosure and name you the defendant.
The bank's purpose in foreclosure is to sell the property to recover the mortgage amount.
How Long Does It Take to Foreclose on a House in Missouri?
An uncomplicated foreclosure on a Missouri property takes about 60–90 days. However, suppose the borrower contests the foreclosure or files for bankruptcy. In that case, the time frame will likely exceed 90 days.
For a non-judicial foreclosure, the sale must occur forty to fifty days after the Notice of Sale is issued. In Missouri, redemption can take place for up to one year after the sale of the property if someone bought it at auction by the lender.
However, there is no redemption phase if a third party buys the property.
Some potential ways to stop a foreclosure include reinstating the loan, redeeming the property before or after the sale, or filing for bankruptcy.
Suppose you still question what is a foreclosure in Missouri. In that case, speaking with a real estate attorney to discuss your options is essential.
There may be ways to prevent foreclosure or to minimize the financial impact of foreclosure.
Construction Law Services
We combine cutting-edge technology and personal attention to handle construction law issues ranging from the simple to the complex.
Our attorneys work on:
- Construction contracts
- Construction defects
- Contractor disputes
- Mechanics’ liens and materialman’s liens
- Appeals
American Institute of Architects (AIA) Contracts
In larger commercial projects, the AIA requires certain specialized contracts. Essentially, the contracts consist of lists of terms and conditions. They can be around 200 pages long and are typically meant to protect architects from liability.
Although these contracts follow a fairly standard form, they are among the most complex documents in construction law. We represent architects, architectural firms, landowners and contractors in analyzing and negotiating AIA contracts.
Stability, Knowledge, and Experience
Founded in 1903, Neale & Newman is now well over 100 years old. In that time, we have become very familiar with our clients and their businesses. We understand the construction industry.
We can help you negotiate a contract that avoids future problems. And if you ever need representation in the future, you can bet we’ll be around to provide it.
Real Estate Attorneys in Springfield, MO, Providing Top Quality Culture of Service
Clients often tell us we’re a different kind of law firm – and it’s because of our culture of service. Our lawyers’ main duties and priorities are to pursue the client’s best interest.
We work together to deliver the most cost-effective, efficient service possible. We are friendly and prompt, doing thorough, sound legal work.
Based in Springfield, Missouri, our real estate and construction attorneys practice throughout the state as well as handle select matters nationally and internationally.
Contact Neale & Newman to consult with us about how we can assist you in a real estate or construction law matter.
Attorneys in Springfield, MO, Proudly Serving Clients for More Than a Century
Committed to Helping Our Community Contact Neale & Newman
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Unique Blend of Experience & TechnologyAssisting our clients with a combination of deep experience and current technology.
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Comprehensive & Coordinated RepresentationProviding cost-effective, multifaceted representation for our clients on a wide range of legal matters.
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Generations of Service to Our Southwest Missouri NeighborsSupporting the legal needs of businesses and individuals since 1903.