How do we determine if a developer provided front foot fee bill is legitimate?
Is the title company liable?
David's answer
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Answered on March 16, 2012
Did you call the title insurance company or the company which closed your transaction? If it was the company which closed your transaction then...
Can an HOA suddenly deem my parking space as common property?
David's answer
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Answered on January 05, 2012
It sounds like your parking spaces may be characterized as "limited common elements" which means that while you may have the exclusive use of the...
Archived
What legal action can I take against a Real estate investment LLC that owes me money?
David's answer
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Answered on November 28, 2011
Have you made a formal written demand for payment? The Promissory Note may not require it but it is probably a good place to start. You may want to...
Archived
Do I need a real estate lawyer
David's answer
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Answered on November 17, 2011
Adding to the last answer, it is advisable for you to maintain some sort of insurance on the property. Until the bank completes the foreclosure...
Avoiding transfer tax by setting up LLC
David's answer
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Answered on November 09, 2011
Assuming that the property is valued under $1m (and in Maryland) then setting up a transaction that way may very well operate to avoid the...
I am on the deed to our house but not the mortgage. If my husband dies am I responsible for the mortgage?
David's answer
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Answered on August 02, 2011
If you did not sign the promissory note then you are not obligated to pay it. If you did not sign the deed of trust and were an owner of the...
Archived
NOTICE OF WITHHOLDING TO TENANT
David's answer
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Answered on July 07, 2011
Email probably does not suffice for the purposes of the provision of the statute which grants the tenant the right to be present at the...
Archived
If a contract states 120 day notice and I give notice March 1....would my last payment be June 1 or July?
David's answer
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Answered on June 28, 2011
Without having more information it is impossible to fully answer the question. Assuming that you gave notice on March 1, 2011 then it would seem...
Deed -- Tenants by the entirety?
David's answer
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Answered on June 02, 2011
Holding property as "tenants by the entirety" means that when one spouse dies, the surviving spouse owns 100% of the property by operation of law....
Archived
What business entity allows the most cash flow? llc or sole proprietorship?
David's answer
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Answered on April 13, 2011
The start up costs for an LLC are fairly minimal. If you have more than one person you would likely be better served with an entity (LLC,...
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