Kevin M. Veler’s Answers

Kevin M. Veler

Alpharetta Construction / Development Lawyer.

Contributor Level 15
  1. Converting a Corporation to an LLC?

    Answered almost 3 years ago.

    1. Kenneth Allyn Sprang
    2. Kevin M. Veler
    3. Phillip Monroe Smith
    3 lawyer answers

    If it is a Georgia corporation you may convert it to a LLC without creating a new entity. What you outlined above is NOT a conversion, it is a transfer from one entity to another. In a conversion, the entity is the same but changes form--it is the same fictional entity but in a different form. This may still have some tax consequences but generally not those triggered by a "sale" of assets. It may also require titled assets to be retitled (vehicles, land) but not in all circumstances. If...

    11 lawyers agreed with this answer

  2. Georgia homestead exemption

    Answered almost 7 years ago.

    1. Kevin M. Veler
    1 lawyer answer

    To qualify for a Georgia residential homestead exemption, you must own and occupy the property as your legal residence as of January 1 of the applicable tax year. You must apply between January 1 and June 1 to your county tax official to receive the exemption. Changes in the records of the tax officials may impact previously filed homestead exemptions. If you have had an exemption for prior years and have done nothing to change or modify title or the liens on the property there is no need to...

    1 lawyer agreed with this answer

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  3. Mortgage Servicer has trouble producing the original title. What are my options? File for quiet title? (Georgia)

    Answered almost 3 years ago.

    1. Kevin M. Veler
    2. John Warwick Caldwell
    3. Tom Arany
    3 lawyer answers

    Okay, let's say you are going to start a quiet title action. You don't know who the mortgage holder is to name as a defendant and to have served, so my first thought would be that has to be addressed by a court order to allow notice by publication with notice to the servicer but you are likely to have to show that all other options have been exhausted to the satisfaction of the court. In simple terms, it sounds like you have a nightmare to address and should discuss this with legal counsel...

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  4. Done Deal. Sign the wrong forms and now I cannot get $25,000.00 from my Insurance Company. Statue of limitation runsout1/13/14

    Answered 11 months ago.

    1. Kevin M. Veler
    2. Scott Benjamin Riddle
    3. Robert John Murillo
    4. Pamela Koslyn
    5. Jeffrey Mark Adams
    6. ···
    7 lawyer answers

    It appears you have already "fired" one attorney and now you are seeking legal information from a general legal help website when you should be meeting ASAP with a new attorney to determine what your options are and what to do with an approaching expiration of a limitations period. DO NOT DELAY. If there is $25K or possibly more on the table and you need solid legal advice, pay an attorney for a consultation. You would be very foolish not to do so.

    9 lawyers agreed with this answer

  5. How to right a proper letter rejecting my attorny's 2nd contract? Why would he amend it this way after so long? What to do?

    Answered over 1 year ago.

    1. Glen Edward Ashman
    2. Benjamin Whitaker Price
    3. Kevin M. Veler
    4. Jesse Cole Kent
    5. Josh P Tolin
    6. ···
    11 lawyer answers

    It is nearly impossible to assist you in this matter in a general legal information website. You need specific legal counsel. You should discuss this matter if you have not already with your attorney to be sure you understand it. If you have further questions, concerns or issues, I would suggest you contact the State Bar of Georgia (link bellow). They have a fee arbitration program service.

    8 lawyers agreed with this answer

    1 person marked this answer as helpful

  6. Foreclosure on Investment Properties/Deficiency Judgment

    Answered about 6 years ago.

    1. Kevin M. Veler
    2. Kenneth Edward Walton II
    3. Margery Ellen Golant
    3 lawyer answers

    You do not say where the property is located. Assuming it is Georgia, Georgia is a non-judicial foreclosure state and the lender may foreclose and then seek a deficiency on the remaining balance. Technically, the lender does not even have to foreclose, it can seek judgment on the note. Assuming also that you own the property in your individual name and do not hold title in a corporation, there are situations where you may be able to negotiate a short sale, a deed-in-lieu transaction or other...

    2 lawyers agreed with this answer

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  7. In purchasing property and a home that includes my husband and mother, what is the best way to set up the deed in GA?

    Answered 4 months ago.

    1. Kevin M. Veler
    2. Scott Benjamin Riddle
    3. Shawn B Alexander
    4. Drew Norman Early
    4 lawyer answers

    A general information website is not going to provide you specific information about inheritance issues, how to structure ownership for estate planning purposes, etc. Planning of this sorts requires a knowledgeable estate planning attorney who understands your specific circumstances and the issues. Getting the planning wrong can result in the potential exposure to disputes, etc. Transfers to "safeguard" assets from medical and other claims could be deem fraudulent. You are well advised to...

    8 lawyers agreed with this answer

  8. Is it legal for a plumber, that I did not hire, to file a mechanic's lien against my property?

    Answered almost 2 years ago.

    1. Kevin M. Veler
    2. Scott Benjamin Riddle
    3. Thomas Richelo
    4. David Jason Merbaum
    5. Kermit M Milburn
    5 lawyer answers

    As others have stated, he can file a lien against your property. However filing of the lien requires certain deadlines be met, notice requirements be satisfied, and it also requires that he bring legal action to "perfect the lien" within 360 days (assuming no technical defaults). You have rights to shorten that period. You may want to discuss this matter with a knowledgeable attorney to determine if you need to act at this time and to review your specific circumstances.

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  9. An Australian looking at buying property in Georgia in the name of my wife who will not be there with me

    Answered over 1 year ago.

    1. Kevin M. Veler
    2. Shawn B Alexander
    3. Robert G. Rothstein
    3 lawyer answers

    A manager or officer of the LLC can generally execute the purchaser's documents. You will want to discuss the documents required to demonstrate proper corporate authority with the closing attorney. As you are doing a cash purchase, the requirements of the title company will be critical to assure proper title.

    6 lawyers agreed with this answer

  10. DO I NEED I LAWYER AT A CLOSEING TO BUY MY HOUSE AND WHY

    Answered about 6 years ago.

    1. Kevin M. Veler
    1 lawyer answer

    As with many situations, the answer is "it depends." No you are not legally required to have an attorney to represent you as buyer or a seller. But please do not stop reading yet. The decision to have or not have an attorney at closing can have serious impact. Generally however most closings are conducted by an attorney who represents the lender and it is a requirement that an attorney be used to issue title to the lender, to assure the proper preparation of documents and to assure...

    1 lawyer agreed with this answer

    10 people marked this answer as helpful