LLC member wants to leave and is asking for nothing

Under Arizona law the answer would be yes unless the members signed an Operating Agreement that says otherwise. I do recommend that the transferor...

Can a landlord register the residence under a business even though there are tenants still living there?

If you are asking can a landlord who leased Arizona real property to a tenant transfer ownership of the real property to another person or entity...

I am an Arizona estate planning lawyer and everything I do with respect to creating and estate plan and related documents for a client is on a...

Filing chapter7 do we need to go from a sole proprietor to a LLC to protect business income for the next 6months to a year?

You should never operate a business as a sole proprietorship because you are 100 percent liable for everything that goes wrong. You should operate...

Division of partnership/LLC - Partner can't keep up

You must consult with an experienced business attorney. Your situation is complex and not the kind of situation that can be explained adequately...

What happens if a deficiency judgement is filed after a foreclosure?

To obtain a deficiency judgment against you for the balance owed on the debt, the lender must file a lawsuit naming you as a defendant and win the...

If your father's estate is under $50,000, you may be able to avoid opening an Arizona probate by using Arizona's affidavit procedure. See my...

Can ex sue for gift he gave when we dated?

Unless a gift is made with strings that allow the giver to get the gift back, the giver cannot get the gift back. Most gifts do not have strings...

I have established an llc for my home how to i transfer the morgage to that llc

If you mean how do you get a release from liability from your loan and have the LLC be the borrower, you must do one of the following: 1. Have...

Is there any way I can walk away from my rental property in Arizona?

Arizona law frequently prevents a lender who made a loan secured by a lien on an Arizona home from suing the borrower for a deficiency after a...