Archived
How do i get someone off my house title who abandoned it 6 yrs ago in ca
Nema's answer
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Answered on March 23, 2015
Need more facts to provide any meaningful analysis.
My friend wants me co-sign on commercial lease because he has bad credit. Will the IRS think I own business?
Nema's answer
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Answered on March 23, 2015
Beyond IRS problems, acting as a surety for a commercial lease can create a tremendous amount of liability for you.
What is the procedure for signing off on a property deed?
Nema's answer
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Answered on March 23, 2015
You will need to record a Grant Deed or a Quitclaim Deed. Either may trigger tax consequences.
Archived
Need a real estate attorney. I purchase the property for a friend and they ask me to do a illegal transfer and I refused
Nema's answer
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Answered on March 13, 2015
I agree with your statement that you need to speak to an attorney. Unfortunately, the facts of your situation do not provide enough information to...
Archived
What options do I have when a real estate transaction which has two parties participating in a close one has failed to perform
Nema's answer
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Answered on March 13, 2015
There is no way to answer this questions without reviewing your agreements.
Archived
Can a non-resident own a rental real estate in the US (through an LLC) with other US resident?
Nema's answer
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Answered on March 11, 2015
An LLC can get a loan from a bank, but most banks will require a personal guaranty from the members and will generally want a guaranty from all...
Archived
Can 1 director act alone and buy lease or sale assets of a closely held corporation. If there are 2 directors.
Nema's answer
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Answered on March 11, 2015
When you set up your corporation the company or firm that set it up should have prepared bylaws. The bylaws generally state the rights of the...
Archived
Can we purchase an investment real estate and get a loan then after 2 months quit claim it to an LLC with 6 members?
Nema's answer
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Answered on March 11, 2015
An LLC can get a loan from a bank, but most banks will require a personal guaranty from the members and will generally want a guaranty from all...
Archived
Can I gift my real property upon my death to women that currently help care for me?
Nema's answer
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Answered on August 22, 2014
Because you have loans on your properties, any transfer to third parties who are not your children will most likely trigger a due-on-sale default...
Archived
I have a question about an assignment of rents how it can be initiated when a landlord defaults
Nema's answer
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Answered on August 22, 2014
A lender may direct rents be paid directly to them by complying with Civil Code 2938.
Your contractual relationship is with the landlord....
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