Archived
When a house is in foreclosure, can the person losing the house remove ceiling fans & chandeliers which he purchased?
Clayton's answer
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Answered on December 26, 2012
If you retained the original fixtures that existed when the lender loaned you the purchase money I would have no heartburn exchanging them. If the...
Archived
Is a life estate used only with a house or can it be used for other types of property
Clayton's answer
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Answered on December 26, 2012
If the house is titled in the name of the trust, I think that your name is already off of the house. Accordingly, what happens to the house should...
Archived
Is a landlord supposed to place tenants in a hotel when apartment is uninhabitable?
Clayton's answer
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Answered on December 26, 2012
I am not licensed in Pennsylvania and this advice is based on general principals of law rather than any state specific statutes or local court...
Archived
Im going to pay off my girlfriends mortgage ,it is 75.000 dollars . it is going to be a gift to her.
Clayton's answer
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Answered on December 26, 2012
I am not a California attorney and have no knowledge of the California tax effect. However, to the extent you are considering federal tax impact I...
Archived
For tax purposes what's the best business structure to start with my husband?
Clayton's answer
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Answered on December 25, 2012
The IRS does not require married couples to report their income separately just because they are partners in a business. You can still file a...
Archived
Does the Texas Property Code sec. 209.002 give OWNERSHIP of a home to a partner holding a general POA for owner?
Clayton's answer
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Answered on December 25, 2012
Tex. Prop. Code § 204.004 (2012)
§ 204.004. Property Owners' Association
(a) A property owners' association is a designated...
How are FINRA award settlements taxed?
Clayton's answer
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Answered on December 25, 2012
The fact pattern doesn't provide enough information to reach a simple resolution. For example:
You lost $300,000. What was the basis in the...
Can you sue someone for slander if they're pregnant and lying about who is the father?
Clayton's answer
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Answered on December 25, 2012
Being falsely accused of fathering a child out of wedlock is defamatory. Some jurisdictions may even label it defamatory per se. In defamatory...
Archived
I bought my grandmothers house 2 years ago and after i bought it with a morgauge my grandmother would not let me move in
Clayton's answer
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Answered on December 25, 2012
You state that you purchased the property, accordingly you own the rights set out in the purchase agreement. Normally the buyer purchases...
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