Archived
May Get a divorce house is in both names the house is under water wife cant afford it without me i want it, who gets it?
Michael's answer
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Answered on April 16, 2013
I agree with Mr. Harper. If the house is upside down and you take it, then you should get additional assets to offset the debt you have assumed....
Archived
Ex wife refuses to sign quitclaim deed on '2nd property'.
Michael's answer
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Answered on April 16, 2013
I agree with my colleague. Go back to your family law attorney and ask if the vacation club might be covered under some other provision in your...
Archived
Is it binding to record a quick claim deed that was signed over to me in 2007.
Michael's answer
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Answered on April 16, 2013
It is unclear whether you can still record the deed - or what you be getting if you did so.
I would recommend taking the document to a local...
Archived
I own a rental property that is ran by a power of attorney, can my power of attorney sue my tenant for back rent or do I have to
Michael's answer
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Answered on April 16, 2013
Here in NJ, your property manager could maintain a landlord tenant action under a power of attorney. You will need to speak to a local IN landlord...
Archived
How do I get a loan against my home I own that is paid for without involving the other party that's on the deed?
Michael's answer
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Answered on April 16, 2013
Without seeing your deed, I can only assume that you are tenants in common and that you each have a 50% interest.
As a general rule, a tenant in...
Archived
Faulty bathroom renovation
Michael's answer
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Answered on April 16, 2013
I would recommend a consumer protection attorney. IL has both a consumer fraud act and a home improvement contractor act (which is part of the...
Archived
My parents and I want to do a property % swap.
Michael's answer
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Answered on April 16, 2013
Mr. Mack is correct. You could a Section 1031 exchange and, depending on the value of each property, avoid taxes in the short term.
Archived
What is the law on using guns in case of robberies, either home or business?
Michael's answer
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Answered on April 16, 2013
Here is a link to an article by a Florida lawyer discussing self defense...
Archived
My husband & I want to return our condo to the bank due to a mice infestation & we don't want our credit ruined. Advice??
Michael's answer
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Answered on April 16, 2013
I agree with Ms. Goldstein. There is no way to default on a mortgage and not take a credit hit. Your alternative is to sell the property and pay...
Archived
Is my husband responsible to pay on a lease which he did not sign?
Michael's answer
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Answered on April 16, 2013
Verbal contracts for an interest in property are generally prohibited by a statute of frauds. However, they can be enforceable if there has been...
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