Archived
If your mortgage is prior to Oct 1/2009, what is the time frame that a creditor can try to collect a deficiency if foreclosed on
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Answered on January 04, 2011
For loans originated prior to October 1, 2009, the first lender has six months after the foreclosure sale is complete to bring a deficiency action....
Archived
How to take title with tenant due to a restriction in CC&R that the owner can't rent the unit out to tenant.
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Answered on January 03, 2011
Putting the title in your tenant's name is extremely risky and under the right set of circumstances could result in the tenant owning the home. ...
Archived
Manager responsiblities
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Answered on December 22, 2010
You have asked these same questions several times here and received several different answers. If you want "the answer," you are going to need to...
Archived
Operating Agreement
Shawn's answer
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Answered on December 21, 2010
Your question is impossible to answer without the operating agreement.
Archived
Manager managed LLC
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Answered on December 21, 2010
In Nevada, an LLC can be managed by its members (member managed) or by managers (manager managed). If an LLC is properly organized and has a...
Archived
Nevada LLC partnership
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Answered on December 17, 2010
Nevada limited liability companies have two potential participants: Members and Managers. An LLC must have Members, and may have one or more...
Archived
My wife and I live in Nevada we own our home and we have one rental home. To protect ourself should we form an llc.
Shawn's answer
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Answered on December 08, 2010
Yes, it generally makes sense to put a rental into an LLC to help insulate liabilities arising on the property from your personal assets. It is...
Archived
I am considering short sale on my rental property its upside down and I can no longer afford it and I am 2 months behind in my
Shawn's answer
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Answered on December 06, 2010
Owners of non-owner-occupied residences, are at two disadvantages. First, they are potentially liable for any forgiven debt as income if the...
No contract eviction laws in las vegas
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Answered on November 17, 2010
A month to month verbal lease is still a lease. You can obviously be evicted on 30 days notice (i.e. landlord says "I'm not leasing to you anymore...
Archived
Is it best to be represented by an attorney in the country you live in or where the accident occured?
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Answered on November 16, 2010
I'm not a personal injury lawyer, so take this for what it's worth, but because you will be suing a US driver in the US, you want a lawyer that is...
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