LL contract
It depends on the contract. If the contract contains a clause in which you personally guaranty the debt, then you can be sued personally for...
Real estate Lawyer
Practice Areas: Real Estate, Litigation ... +3 more
It depends on the contract. If the contract contains a clause in which you personally guaranty the debt, then you can be sued personally for...
An LLC or S Corp provides "limited liability" not total protection from all liability - regardless of whether you have an operating agreement or...
I agree with Mr. Gallo. There are two options. Your son's girlfriend could voluntarily agree to deed the property over to your son or he would have...
Mr. Gutman is correct. Tenants in common are both responsible for carrying costs. There is no law that states that a tenant in common is no longer...
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You will need a local real estate attorney to review the easement document to determine if the easement holder has the right to grant use by third...
I am not sure that I understand your question. What contract are you referring to? Who are the parties the contract?
There are not enough facts here to provide a complete answer. Please provide additional details.
You should consult with a local estates / tax attorney. Why a trust instead of a corporation or LLC?
I agree with my colleagues. An S Corporation is likely preferable. You should have a local business attorney draft a shareholder agreement for you.
I agree with Mr. Gutman. You should likely look for a replacement tenant to take your place.