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Michigan attorneys who have both practical business experience as well as legal expertise are rare. David Soble is one of these exceptions. He is a business owner, former “big bank” insider, active real estate investor and of course, lawyer. He brings over 30 years of real life business and real estate experience to the table for his business clients.
Operating a business is not easy. Business owners have to regularly deal with issues as mundane or complicated as: choice of business entity, business tax consequences, organizational documents, operating agreements, partnership agreements, employment contracts, consulting contracts, non-compete agreements, compliance with bank and consumer protection laws, commercial negotiations, resolution of stockholder/partner/LLC disputes. This is not an exhaustive list. Whether you own a business or are opening a business, you owe it to yourself to speak with David Soble and his “proven resource” of business colleagues who can effectively address your concern.
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Frequently Asked Business Law Questions
Top Business Law Questions.
Business is already complicated without having to endure legal headaches. Contact our business attorneys today!
How many Investment properties can I put in one Limited liability company?
As many as you’d like to put under one corporate “shield.” There are other considerations you should take before doing so, such as the locations of the properties, or the property types. Consult with a real estate and business attorney before you proceed.
What is an operating agreement?
An operating agreement is a contract that sets forth the responsibilities between members of a limited liability company. Having an operating agreement is required if you are doing business and want the legal protections afforded by the state in which you are incorporated.
Do I really need a written agreement when opening a business with a family member?
Yes. Setting out your business goals and expectations with your business partner in writing is a good idea to protect against disputes and problems at a later date. Written agreements memorialize the oral representations made between parties. Nothing is more disappointing (or expensive) than when family members or friends fight over a business arrangement and there is nothing but a verbal agreement for the parties to rely upon.
What is better to form, a limited liability company or a c-corporation?
Which corporate formation one should select is based in part, upon the number of business owners, their legal needs and their tax status. Consult with a business attorney beforehand.
Should I sign for a business loan as an individual?
If your business is taking out a business loan and you sign for the loan individually, you essentially become a ‘co-signor’ or ‘guarantor’ for your company’s loan obligation. Consult with a business attorney before you endorse any lending documents to avoid further and unnecessary legal and financial liability.
A Word About Small Business Legal Protections
Obtain Your Free Copy of Soble’s Newest Business Resource:
How To Protect Your Legal & Financial Interests When Doing Business With Family Or Friends
Now you can reference Soble’s straight forward approach to contracting and forming agreements between family or friends. Filled with case studies and legal commentary that is easy to comprehend, relatable, and instructive.
“I wish I had read this book before I got into business with my good friend and his sister. It all seems good until it isn’t. David hit the nail on the head. I read the book and found myself nodding my head the whole time. There are so many things that I could have done to protect myself. I’ll say it again. I wish I had read this book…..” B. Abrams, Brownstown, MI
Why Clients Choose Us
Know the Difference.
Former Big Bank "Insider"
HigHest Peer and Client Ratings
24 Hour Response
30 +Years of Legal & Business Experience
Affordable & Approachable
Innovative & Creative solutions
Legal Issues We Handle
We Reduce Legal Exposure & Financial Risks
Real Estate Law
Real estate and finance law are their own legal specialties. So how do you determine which attorney you should work with...
Contracts regulate expectations between parties. Working without a contract is comparable to walking a high wire without a net.
David Soble has decades of experience being a 'big bank insider." He and his team are uniquely situated when it comes to handling our clients stressful financial...
We regularly and successfully litigate real estate and contract issues. While we prefer to first resolve our client's issues amicably, we can and will escalate....
To most people, their home or other types of real estate is usually the most valuable asset that they own. We help our clients protect these assets and ensure that they are properly...
What Happy Clients Say...
Dpn't take our word for it! We;re one of the best reviewed law firms in the community.
See hundreds of our reviews on Google, Avvo, Social Survey and Linked In.
David, I anguished for months over my problem. Had I not called you, I don't think I would have gotten it resolved. In less than 2 weeks you negotiated a fair settlement for my business. I'm so happy and my employees are happy. Thank you!
Rhoda St. Luce
"Attorney David Soble lives up to his firm's namesake, "Proven Resource." I appreciate knowing that when my clients need a diligent and responsive real estate or contracts attorney, I can easily make the referral to David, David is well worth having on your side."
Financial Adviser, Brighton, MI
"David is a highly reliable resource for real estate and lending cases. As a real estate lawyer and successful investor, he not only "talks the talk," but also "walks the walk," providing his clients unparalleled insight on how the law directly affects their daily business success. When "the situation is critical" call David."
Environmental Attorney, OH
"David Soble is an unmatched resource for all things related to real estate finance and law. He's dealt with nearly every type of transaction, loan, property, lender, seller, and buyer. He's seen it all and knows the intricacies of creating a successful resolution for his clients. If you need creative and determined counsel, I highly recommend David."
Business Mgt. Consultant
"As a busy small business operator, I can tell you that David's legal efficiency and his sensitivity to our financial resources is very much appreciated. His real estate advice is spot on and I know that when working with him that I am getting a great return on my investment. When in doubt, call David. He's worth every penny!"
HVAC Owner / Operator
"If you have a legal problem with your bank loan or mortgage, you can't go wrong by calling David Soble. His legal experience in the real estate and lending community is exceptional. I have had only positive experiences. His approach to client service is an added bonus."
Our Latest Blog Posts
My name is David Soble, and I am a real estate and finance attorney serving in Michigan and Ohio. Every week I receive quite a few legal inquiries as they relate to real estate law, contracts and financial disputes. I sort through what I believe to be the most...
I am in receipt of this inquiry from Susan L. from Walled Lake, MI. Back in 2005, Susan and her mother and purchased a small home in Wolverine Lake. They lived in the home together until this year when Susan purchased her own home. Recently, when Susan was going...