by David Soble | Jan 18, 2020 | Business Law, Contract Law, Financial Disputes, Real Estate Law
James wrote in last week. He and his wife are buying a construction home in South Lyon, MI. They are having a major disagreement with the builder about the integrity of the foundation. They don’t want to move forward, and they want their $55,000 earnest money...
by David Soble | Jan 18, 2020 | Business Law, Financial Disputes, Mortgage Disputes
A recent question: “I co-signed on a commercial loan for a business that is owned by both my daughter and my son-in-law back in 2010. Now they are getting divorced. No one has paid on the loan since they filed for divorce. The bank just called me for the payment and...
by David Soble | Jan 18, 2020 | Business Law, Contract Law, Probate, Real Estate Law
This question comes from Sarah Milner, whom I had met last week at a real estate investor function. Sarah asks if there is anything wrong with sharing legal forms between friends and colleagues; after all, they’re free!! Free Real Estate Forms There is not a day...
by David Soble | Jan 18, 2020 | Business Law, Contract Law, Financial Disputes, Probate, Real Estate Law
A question I was asked: “As an investor in real estate, wouldn’t I save money using legal forms off the internet instead of hiring a real estate attorney?” The internet makes it easy to go online and download a legal form. Need a lease? Go online. Need a deed....
by David Soble | Jan 18, 2020 | Business Law, Real Estate Law
There are many reasons you may want or even need to terminate a contract, and there are several legal ways that you can terminate a contract. But remember, if you decide to terminate a contract, you should make sure that the termination is going to result in the least...
by David Soble | Jan 18, 2020 | Business Law, Real Estate Law
What is a Limited Liability Company Whether you’re new to real estate investing or you’ve been flipping or renting homes for a while, the question invariably arises: should you form a limited liability company for your properties? A limited liability company is also...
