Archived
My father and my ex own a two-family home. Is my ex entitled to half the equity even though he hasn't contributed financially?
Daniel's answer
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Answered on April 04, 2011
Well he's certainly entitled to something - after all, he is an owner of the property. The question is how much. You could make all these...
How does 'Waiver of Homestead' apply to a commercial lease situation?
Daniel's answer
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Answered on April 04, 2011
As was already said, it's an irrelevant section in a commercial lease. You should always, always use an attorney on real estate deals like this,...
My sister tricked my mom into signing documents for a loan (500K) using her vacation home (our inheritance) as collateral.
Daniel's answer
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Answered on April 04, 2011
Basically you'd have to show that either there was fraud involved or that your mother was not of a proper mind when she signed the paperwork. Your...
Archived
Can my husband contract for a business who pays our company (a c-corp.) and also collect unemployment benefits?
Daniel's answer
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Answered on April 04, 2011
I don't know IL-specific unemployment laws, but usually when you work while collecting you need to report that work to the unemployment bureau.
Archived
More than one home owner and Reverse Mortgage?
Daniel's answer
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Answered on April 04, 2011
The bank is correct. Every owner has to be able to qualify. So yes, if he wants the reverse mortgage, he needs to take you off.
Archived
If a house forecloses, can the wife be held accountable if she is not on the title nor loan but did refinance?
Daniel's answer
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Answered on April 03, 2011
So your name IS on the loan, yes? You put it on when you refinanced? If so then yes, you are as liable for the loan as he is.
Archived
What to do when a house is sold to you on someone elses property and the title company didnt' do their job
Daniel's answer
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Answered on April 03, 2011
Talk to your real estate attorney.
Basically you'll need to file an E&O insurance claim against the title company... but I definitely suggest...
Archived
As a renter, am I responsible for maintaining the lawn if I pay the water bills?
Daniel's answer
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Answered on April 03, 2011
One has nothing to do with the other, as far as I can see. It'll depend what your lease says. Does it say lawn maintenance is your responsibility?
Archived
If I did not apply for a loan, but signed the note & TD because I am jointly on title, will my credit be ruined in foreclosure?
Daniel's answer
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Answered on April 03, 2011
Normally when you are on title but not a borrower you need to sign the mortgage/trust deed, not the note. If you sign the note you are certainly...
Archived
How do you recover goods/money from a supplier who is in breach of contract in the state of Texas.
Daniel's answer
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Answered on April 03, 2011
I agree with Attorney Langer on this. To have any reasonable chance of making the seller pay up, if he's ignoring you, you need to obtain local...
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