Cyrus Rajabi’s Answers

Cyrus Rajabi

Denver Securities Offerings Lawyer.

Contributor Level 6
  1. Real estate: Looking for advise, options, possibly a lawyer referall. Need to get rid of a home, don't care if it's foreclosed

    Answered over 1 year ago.

    1. Cyrus Rajabi
    2. Christopher Daniel Leroi
    3. John M Lassalette
    3 lawyer answers

    It is advisable to contact the lender and inquire if the lender will release you from liability for any deficiency on the mortgage and related obligations in exchange for your cooperation in executing a deed-in-lieu. You would essentially transfer the property to the lender in exchange for their agreement to release you from the deficiency. With regard to your ex-girlfriend being on the deed, you should perform a location search and see if you can locate her so that she can hopefully...

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  2. I made a minor error in a deed I filed. How do I fix it?

    Answered over 1 year ago.

    1. Christopher Daniel Leroi
    2. Cyrus Rajabi
    3. Michael T Millar
    3 lawyer answers

    A mistake in a deed may be corrected by executing a new and corrected deed, provided all the grantors in the incorrect deed are still living and competent to make a conveyance. If the rights of innocent third parties will not be prejudiced, the corrected deed may take effect as of the time of the erroneous deed and be as effective as a judgment reforming the original conveyance. The correction deed should be drafted in the same manner as deeds generally except that an explanatory statement...

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  3. What happens to an llc when all the members withdraw?

    Answered over 1 year ago.

    1. Cyrus Rajabi
    2. Victoria Therese Aguilar
    3. Pamela Koslyn
    3 lawyer answers

    Chances are the plaintiff(s) will attempt to pierce the limited liability veil and/or go after the former members for potentially wrongful distributions. You should consult with an attorney to limit your potential exposure.

    5 lawyers agreed with this answer

  4. Can a minority member of a manager-managed LLC just walk away and limit their liability solely to their initial investment?

    Answered 7 months ago.

    1. Susan Morath Horner
    2. Cyrus Rajabi
    3. Robert John Murillo
    4. Michael Charles Doland
    4 lawyer answers

    I believe you are asking about resigning as a member. A member may resign from an LLC at any time by giving notice to the other members as provided under Colorado Revised Statute § 7-80-602. If, however, the resignation violates the operating agreement, the LLC may recover damages from the member for such breach and may offset the damages against any amounts otherwise owed to the withdrawing member. A member who has resigned or withdrawn from an LLC (according to the Colorado Revised...

    3 lawyers agreed with this answer

    1 person marked this answer as helpful

  5. I live in CO and have a car that has a out of state plates. the car was given to me in a divorce but my ex says he does not have

    Answered 11 months ago.

    1. Cyrus Rajabi
    2. Daniel Ellis Mckenzie
    3. Anne Whalen Gill
    4. Alan James Brinkmeier
    4 lawyer answers

    Your ex can request a duplicate title from the DMV in the state in which the vehicle is registered and then sign that duplicate title over to you. You should, however, still check with a family lawyer to ensure the disposition of the vehicle is properly addressed in your separation agreement or divorce order.

    3 lawyers agreed with this answer

  6. Can a City's zoning ordinance override subdivision covenants which run with the land if an HOA is inactive?

    Answered almost 2 years ago.

    1. J Aaron Atkinson
    2. Cyrus Rajabi
    2 lawyer answers

    As a general rule, covenants may impose a more restricted use of land than is permitted under applicable zoning ordinances. See, e.g., Lidke v. Martin, 500 P.2d 1184 (Colo. App. 1972). Assuming the declarations are still valid, and there are no other policy considerations, it is likely that the more restrictive covenants would govern. Also, regardless of compliance with zoning ordinances or regulations, both business and residential uses may be enjoined if they constitute a nuisance...

    3 lawyers agreed with this answer

  7. I read your answer that a landlord can raise your rent if he simply wants to, question is, is there a limit to raise increases?

    Answered over 1 year ago.

    1. Cyrus Rajabi
    2. John M Connell
    2 lawyer answers

    Unless you live in a unit or complex that is rent controlled or there are limitations in the lease, there is generally no limit to the amount of the rent increase a landlord can request following expiration of the lease term. Your recourse is to essentially elect not to renew the lease. Hope this is helpful, Cyrus

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  8. Is there a dollar or percentage limit how much an apartment building management can increase rents per month? Thanks.

    Answered over 1 year ago.

    1. Christopher Daniel Leroi
    2. Cyrus Rajabi
    2 lawyer answers

    Unless you live in a unit or complex that is rent controlled or there are limitations in the lease, there is generally no limit to the amount of the rent increase a landlord or property manager can request following expiration of the lease term. An increase of 25 % in a "hot" market is not unusual, particularly when rental unit availability is low. Some areas require that a certain percentage of units be made available solely to lower income parties and will limit the maximum amount of rent...

    2 lawyers agreed with this answer

  9. If a legitimate California Corporation Sole is sued in Colorado can the presiding officer

    Answered over 1 year ago.

    1. Christopher Daniel Leroi
    2. Damian Baldridge
    3. Robert John Murillo
    4. Stephen Clark Harkess
    5. Cyrus Rajabi
    6. ···
    7 lawyer answers

    It is a general rule that corporate entities cannot represent themselves in court, but must hire an attorney. Colorado has a limited exception to this rule (C.R.S. § 13-1-127(2)) that allows non-attorney officers of closely held entities to represent their company, in court, for matters that do not exceed $10,000. This allows small companies to handle relatively small disputes for which it often does not make economic sense to have an attorney enter an appearance. These can include minor...

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  10. Is using realty and/or investments in a business name legal. My business is real estate investing. I'm not a licensed Realtor.

    Answered over 1 year ago.

    1. Christopher Daniel Leroi
    2. Cheryl Rivera Smith
    3. E Dwight Taylor
    4. Cyrus Rajabi
    5. Victoria Therese Aguilar
    6. ···
    6 lawyer answers

    The principle concerns with using the terms "realty" and/or "investments" relate to the potential to mislead others. For example, real estate brokers are required to ensure that they do not advertise in a manner that misleads the public as to the identity of the broker's licensed brokerage. The Colorado Real Estate manual even provides that real estate brokers that function as teams should not advertise teams using the terms “realty” or “real estate” among others in order to avoid...

    1 lawyer agreed with this answer