Archived
How do I file a deed in the Manatee county public records and make sure it appears "in the chain of title" for that property?
Marshall's answer
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Answered on March 01, 2014
Documents recorded in the public records of a county are indexed by the clerk by legal description, and grantor/grantee. There is no magic in a...
Is neighbor liable when their dead tree falls on my car/house?
Marshall's answer
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Answered on March 01, 2014
You should notify your neighbor that the dead tree is threatening your property. You should also make sure that you have paid the premium on your...
Archived
Are purchasers of a house jointly subject to gift tax?
Marshall's answer
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Answered on March 01, 2014
If someone gives a gift to another person, there are federal gift tax consequences. It two people buy a property together in a manner in which...
Archived
How can I protect myself legally from a defiencey on a foreclosed home in a recourse state?
Marshall's answer
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Answered on February 28, 2014
Unfortunately, since you signed the promissory note, you are responsible for the amount you and your husband borrowed unless the bank agrees to...
Archived
Signed a lease with 1 owner of property. Owner gave property to "ex" in divorce. "ex" wants us out to sell.
Marshall's answer
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Answered on February 27, 2014
It is likely that your lease is valid and enforceable against the "ex.". However, a complete answer would depend on the wording of your lease and...
Archived
My Partner found assets in a corp that he closed down. Should I buy the assets of a corporation or reinstate the corp ?
Marshall's answer
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Answered on February 27, 2014
If the corporation has been dissolved, you should buy the assets rather than trying to reinstate the corporation. Officers of the dissolved...
Archived
Non profit entity (not a charity) owns an earthen dam. We are having problems with vandalism.
Marshall's answer
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Answered on February 27, 2014
Non residents can be arrested for trespass, but residents and their guests can use the dam for legitimate purposes. If you want to prevent...
Archived
How can seller cancel an offer for a short sale and accept another offer?
Marshall's answer
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Answered on February 26, 2014
In a short sale, the seller is asking the bank to release the mortgage for less than the amount it is owed. The bank does not have to agree to...
What does it mean when a signature is acknowledged by a notary?
Marshall's answer
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Answered on February 26, 2014
The witnesses must actually see the grantor sign the deed. The notary can take an acknowledgement after the document is signed. If you are unsure...
Archived
What happens when an LLC distributes real estate?
Marshall's answer
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Answered on February 26, 2014
A single member LLC is a disregarded entity for tax purposes. A distribution from such an LLC would have no tax impact.
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