What will happen if I back out from buying a property after I removed all contingencies?
It is not clear to me that you waived the loan contingency from the facts presented. If the time to satisfy the loan contingency has not yet run...
Los Angeles, CA
Trusts Lawyer at Los Angeles, CA
Practice Areas: Trusts, Limited Liability Company (LLC)
It is not clear to me that you waived the loan contingency from the facts presented. If the time to satisfy the loan contingency has not yet run...
You should be consulting with a tax CPA before you do anything. Also you are likely going to need powers of attorney separate from the trust.
I think you should have a real estate attorney in your locale review the deed(s) to understand exactly how title is held and then be able to advise...
Usually the way agents dance around it is to say to buyers seeing the property the room can be used as a bedroom ( is the room large enough to...
I agree with attorney Busch on the lack of a claim for adverse possession. The way it normally works is parties A and B would split the sale...
I'm really not sure I understand the facts as presented. On the one hand you state: "My partner and I lived together." Ok, but apparently title is...
"My mom was put on a trust as power of attorney." What is this part of the sentence saying? Very very vague and ambiguous. Basically you have given...
I would say 'No' if you resign as the trustee it should not affect your portion of the estate if you are in fact a named beneficiary? If there is...
Totally agree with attorney Armstrong. You will need to see an attorney to have the deed prepared and recorded and also discuss if there are other...
I form a lot of LLCs for clients that own rental property. It is a good way of minimizing potential liability exposing personal assets to a...