Archived
Is it legal that earnest money will be forfeited in case that there are legal reason that buyer can't close on the closing date
Matthew's answer
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Answered on June 09, 2009
I agree with the previous answer, but here is some more detail. The written agreement to buy the property will normally specifically say what...
What happens with a Second Deed of Trust when the First Deed of Trust is paid off?
Matthew's answer
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Answered on May 28, 2009
Couldn't agree more with the first answer, and his answer is also true in Washington state.
Archived
As the seller do I have to accept the buyer's appraisal if it's lower than the contract price?
Matthew's answer
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Answered on May 28, 2009
Probably not, but the answer to this will depend on the terms of your specific contract. If the contract says the price adjusts on appraisal, then...
Archived
My former commercial tenant left his signs on my building. What notice do I need to send to get them removed or abandoned?
Matthew's answer
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Answered on March 31, 2009
The notice you need will be a notice that conforms to the language of the lease, reminding the tenant of its obligation to remove the signage. ...
Archived
Reimbursement vs. Bill of Sale
Matthew's answer
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Answered on March 31, 2009
This sounds like my law firm! I would sell the assets to the LLC at market value. That way you personally get reimbursed at market value (and the...
Archived
Can someone own a part of my income?
Matthew's answer
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Answered on March 31, 2009
Definitely. You can do this in a contract setting if the other person is doing something for you. There are also other ways to do this, depending...
Archived
Hi I need an attorney who can do Loan Modification for a mortgage in the greater Seattle area- What high Avvo rating (9-10)??
Matthew's answer
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Answered on March 31, 2009
Hi there. I can do this for you. Check out my website at www.nymanlaw.com. Rating is not at 9 or 10 because I just joined Avvo.
Archived
Will LLC Signed Contract affect my other LLC?
Matthew's answer
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Answered on March 12, 2009
Assuming you are correct that your signatures on the contracts are only as a member of the LLC, and the LLC is the party to the contract, then you...
Archived
One of the shareholders in a corpration is being sued , what is going to happen to the other shareholders ownership
Matthew's answer
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Answered on March 12, 2009
Not in most circumstances. The corporation will not normally be responsible for the shareholder's debts, unless the corporation is somehow...
Archived
Signing of Quickclaim deed
Matthew's answer
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Answered on March 11, 2009
The two sellers definitely need an attorney to draft the agreements. There should be a promissory note to the two sellers payable on the sale of...
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