I agree that it is worth the cost to sit down with your CPA and have all 3 of the "partners" discuss and agree upon the best way to get set up. ...

You will need a Maine-licensed real estate lawyer to draft a promissory note, mortgage and deed. Depending on the history of your property, you...

How to dissolve tenants on common?

If your siblings do not agree, as a matter of last resort you could file a "partition" action in Maine state court. The judge will be able to...

HOW DO I ADD MY MOTHER TO MY DEED, I OWN THE LAND BUT MY MOTHER IS PAYING BUILDING A CABIN?

There are a few different ways that you could protect your mother's investment. You could get an attorney to draft up a promissory note and...

Q: I am in a lease/option contract. The owner and I have found a buyer and is now under contract. Doesn't that void mine?

From your description, it is certainly possible that your contract could take precedence over the other buyer's contract. Unfortunately your...

I have a mortgage consigned with someone who is divorcing. Only my name is on the deed, can the spouse claim property?

If I am understanding your question correctly, the person who is divorcing is not getting the divorce from you, but from a different person. If...

Is there anything that I can do about my father signing his house over to someone whom I feel has taken advantage of him

Yes, Maine has an "Improvident Transfer of Title" act to protect seniors (age 60 or older) from giving away their assets to someone who has undue...

What can I do?

You should go to your town hall and ask to speak to the town Code Enforcement Officer. He or she will know if there is a noise ordinance or a...

What steps do I need to take to get a significant other's name on paid off land?

If all liens and mortgages on the property have been paid in full and their discharges recorded in the county Registry of Deeds, then you can deed...

What do you need to establish a LLC or Partnership in the Maine

A co-operative is not necessarily the same as an LLC ("limited liability company") or a partnership. For an LLC, you and the businesses co-owners...