Archived
I was involved with a investor that gave me 50000 dollars to invest in a realestate deal with a return of double on his money. T
Richard's answer
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Answered on February 10, 2014
First, have an attorney review the agreement. Even though it is ten years old the statute of limitations may not have run because the return was...
Archived
Would an LLC, with the Lender as sole member, work instead of a commercial mortgage?
Richard's answer
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Answered on February 10, 2014
A member of an LLC can lend money to the LLC. You could not avoid foreclosure rules if the loan defaults. You also need to state your facts more...
I have roommates in a nycha apartment and they will not leave I have not accepted money from them 4 months now
Richard's answer
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Answered on February 10, 2014
You need legal representation. You cannot take any self help actions such as changing the locks or removing their things. You are going to have...
Archived
If a settlement agreement was signed under the stipulation that it NOT be filed with a court, but it was, is it still valid?
Richard's answer
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Answered on February 10, 2014
Did the stipulation contain a clause stating that if any part of the agreement was found to be unenforceable the rest of the agreement would remain...
How to cancel "Royal Holiday Club Timeshare agreement" signed in Mexico
Richard's answer
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Answered on February 10, 2014
An attorney would have to review the terms of the agreement and what provisions it has about canceling the contract.
Archived
Auctioning house of debtor not in foreclosure
Richard's answer
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Answered on February 07, 2014
If you buy the house you buy any liens that are on the house. If you are foreclosing on a lien that you hold you buy the house subject to any lien...
My classic car was vandalized while being stored in a secure storage facility. Is the storage facility liable for damages?
Richard's answer
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Answered on February 07, 2014
That would depend on the terms of the storage agreement. There are probably disclaimers in it with regard to damage to the vehicle not caused by...
My attic loft apartment is illegal, there was a fire and the landlord will not let me break my lease
Richard's answer
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Answered on February 07, 2014
The lease is not enforceable as far as collecting rent goes if the premises are illegal to rent. If he sues you for rent all you need is proof...
Archived
How to I leave a partnership when they wont buy me out?
Richard's answer
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Answered on February 07, 2014
Absent a written partnership agreement you could either try and sell your interest to an outside third party or bring suit to dissolve the business.
Archived
Who is responsible for the electric/gas bill? Gas/Electric company, landlord or the tenant.
Richard's answer
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Answered on February 06, 2014
What does your lease say with regard to utilities. If it makes you responsible for paying utilities you will be stuck with the bill as you have no...