Archived
I am looking to raise capital for an operating fund for my business. What type of Attorney specifically should I be seeking?
Neil's answer
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Answered on June 20, 2016
You need an experienced corporate/securities attorney. There are many of them in the NYC metropolitan area where you live.
Best of luck.
The...
Archived
How can I differentiate an Option Contract from a contract that has a penalty?
Neil's answer
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Answered on June 20, 2016
You threw a lot of information out there. Your question may only be properly answered by an attorney who actually reviews the subject agreement. ...
Archived
Am I considered real estate pro and able to deduct for my home office
Neil's answer
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Answered on June 19, 2016
I advise you to speak with an accountant/tax attorney regarding the deductibility of your home office.
Best of luck.
The foregoing discussion...
Archived
Do I need to form separate LLC;s for each rental property I own. They are four and all in a separate state from where I reside.
Neil's answer
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Answered on June 19, 2016
It is advisable that each property be separately owned by a single=purpose entity. Otherwise, you run the risk of cross-liability between the...
Can a chairman sign a contract?
Neil's answer
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Answered on June 18, 2016
The answer would depend upon the corporate documents (By-laws, shareholder agreements, etc.).
Best of luck.
The foregoing discussion does not...
Archived
Can I break out of a house sale contract?
Neil's answer
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Answered on June 18, 2016
On would need to review the actual wording of the contract to ascertain your options. If you didn't use an attorney for this transaction (which...
Archived
I have been contacted by the Mayor's office of Special Enforcement in regards to a complaint about an illegal hotel.
Neil's answer
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Answered on June 17, 2016
There is little doubt that what you are doing is illegal. I would cease doing so immediately or risk eviction and/or fines.
Best of luck.
The...
Archived
Can a corporation that owns 52% of a building sell the property without the approval of the other three corporations?
Neil's answer
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Answered on June 17, 2016
In order to sell the property, you will need the approval of all owners. Absent an agreement between the corporations, if the others are unwilling...
Archived
Can you sue att for breach of contract
Neil's answer
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Answered on June 16, 2016
What are your damages? If you can't prove any, you won't be successful.
Suing AT&T is not easy. Think of the costs vs. reward before...
Can I sue for breach of contract after closing?
Neil's answer
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Answered on June 16, 2016
You appear to have allowed the breach by closing because it was such a good deal. Was the modification in writing? Was there an escrow hold-back...
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