When a limited partner of an FLP passes - what is the process to transfer his interests to beneficiaries of his will?
Teri's answer
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Answered on December 29, 2020
The answer depends on a review of the limited partnership agreement and the will; it's likely that the beneficiaries, once the will is probated,...
What are my options after receiving an order granting turnover and appointing receiver?
Teri's answer
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Answered on December 29, 2020
At this point, you've already lost - the only thing to do is to cooperate with the receiver. You may want to consult with an attorney regarding...
What do i need to do if i have a dba but want to add a partner?
Teri's answer
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Answered on December 29, 2020
The first thing you want to do is to carefully consider what this other person is going to bring to the business, and what you're willing to give...
Is it legal for my husband's business partner to lock him out of the accounts and tell him he is fired.
Teri's answer
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Answered on December 29, 2020
No, he can't have his ownership interest taken away due to a disagreement - though his position as an employee is different. I suggest he gather...
Do a lender right to waive acceleration of a loan override a borrower right to waive reinstatement or object to the abandonment?
Teri's answer
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Answered on December 28, 2020
Sorry, it sounds like the bank Did abandon their acceleration, and probably did so in order to foreclose later. You can't override their exercise...
Valid warranty deed and quit claim deed can the ad litem put a lis pendens on prop
Teri's answer
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Answered on December 28, 2020
If there is a lis pendens on file, presumably there is a lawsuit filed to determine ownership of the property. You'll want a lawyer to represent...
Archived
I have a friend that is trying to keep his house from being foreclosed on he doesnt like how the man is doing business
Teri's answer
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Answered on December 28, 2020
It sounds like there is a lot going on here, and I can't determine exactly what your involvement is. If you have done work to improve the...
Archived
Can a developer-controlled HOA use HOA funds to fund company operating expenses?
Teri's answer
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Answered on December 18, 2020
I'd want to look at the deed restrictions, but generally, no, I wouldn't think those types of expenses would be a legitimate HOA expense. The HOA...
What can I do to stay we're I'm at don't want to relocate but I received a termination of lease?
Teri's answer
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Answered on December 17, 2020
First, the lease of the space and the purchase of the trailer should be separate deals, but there are lots of "rent to own" deals that are not...
Can I face an legal charges if I helped my grandmother with a general warranty deed reserving life estate and I am the grantee?
Teri's answer
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Answered on December 17, 2020
If she was competent at the time she signed the deed, there's no problem. If she wasn't it's a big problem. Someone can have dementia and have...
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