Is the settlement date listed on a fully executed Agreement of Sale a "target date" or the actual date for closing?
Richard's answer
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Answered on September 13, 2017
It depends on the wording of the agreement. Typically the dates are "on or about" dates meaning it is a target date. F it is stated as an "on or...
Can my HOA charge a $2500 each year fee for a once per year renter who does not impose any costs or work for the HOA?
Richard's answer
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Answered on September 13, 2017
The HOA sets the rules. As long as they are applied equally to all members of the HOA you are generally bound by them. You can petition the board...
Archived
If I provide a doctors note saying she doesn't want me doing the workouts can I get out of my 12mo contract ?
Richard's answer
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Answered on September 13, 2017
NYS does have a law that requires them to let you out of the contract if you become significantly disabled for a period of 6 months. It is...
Archived
Can a "homemade" contract signed by two parties be legal?
Richard's answer
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Answered on September 12, 2017
Any written agreement signed by someone can be a binding agreement if it contains enough terms. If it states who, what, when, etc. and there is...
Archived
I.N.S Coming to my house?
Richard's answer
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Answered on September 12, 2017
You do not have to answer the door. Unless they have a warrant no one can come into your home without your permission.
How do you remove your name from an LLC?
Richard's answer
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Answered on September 11, 2017
You can resign from the company. Have an attorney review all of the business formation documents.
Archived
As a consigner , Can I sue primary buyer for making many late payments on a car loan ?
Richard's answer
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Answered on September 11, 2017
Yes it can hurt your credit. Theoretically you could sue the ex but how would you prove damages? Recovery would be unlikely.
When a seller indemnifies a buyer against 3rd party claims, does the seller remain bound when the original buyer resells?
Richard's answer
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Answered on September 11, 2017
Your obligations would not extend to the third party - you have no liability to the second buyer.
Question about interest rate on an auto loan. Is this possibly criminal usury?
Richard's answer
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Answered on September 11, 2017
this appears to be criminal usury. Assuming your facts are accurate this looks like an annualized interest rate over 41%. anything over 25% is...
Archived
As the facts stated below stand, is the expartner relived of SBA debt by arb now liable?
Richard's answer
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Answered on September 11, 2017
You should have a bankruptcy attorney review all the paperwork.