Should an individual establish an LLC or Corporation for rental properties?

Such a general question can be answered only generally, but there are a few remarks that can be made. First, the question confuses two different...

Non - compete clause

I agree with all the general answers given by my colleagues: Five years is on the long side, but a narrow scope of a specific list of clients...

If buyer and seller (fsbo) negotiated the purchase of real estate via email is that a legal and binding contract?

It depends on what the email messages said. A contract for the sale of land has to be in writing and signed, but both the writing and the...

In 2003 i had a car i was paying on and had it repoed. after 11 years am i liable?

I agree with my colleague that it depends on the terms of the note and the payment schedule. The question is whether the statute of limitations...

I have p.o.a. over my wife. my wife has the first stages of dementia and we want a 2nd mortgage.

You should schedule an appointment with an attorney. Given your wife's medical condition, you are probably going to face other legal obstacles and...

Convertible Note vs Flat Rate

I agree with Dana. This isn't the sort of quesion I could answer in this forum -- it will require a discussion with an attorney AND and...

How long does a landlord have to rent the house after we move out? We broke our lease because it mold, peeling paint, etc.

I agree with my colleague. In addition, I think you may be getting at a separate question when you ask how long the landlord has to rent the house...

When the contractor is trying to get money from the owner, rather than vice versa, the owner really doesn't have to do anything in response to a...

If I enter into a lease agreement with an LLC and they breech contract can I sue the member personally if LLC has no assets

This seems like a question that should have a clear answer, doesn't it? Unfortunately, it doesn't. I agree with my colleague, Mr. Jungbauer, who...

What kind of lawyer do I need to contact to start a small business?

We're all in agreement. Mr. St. Romain, in particular, covered most of the issues. Also note that in selecting the overall business structure...