by Cheryl Matthews | Mar 24, 2022 | Contract Law, Real Estate Law
What happens if a builder uses my deposit and loan money without doing the work as agreed? Video Transcript Speaker 1: (00:03)This question comes to us from one of your fans, David, who says, I have seen many of your videos. So they must be quite excited to ask their...
by David Soble | Nov 27, 2021 | Business Law, Commercial, Real Estate Law
This article discusses the importance of having an operating agreement for your limited liability company. Single-Member LLCs and Operating Agreements A single-member limited liability company (“SMLLC”) is a one-owner business. The SMLLC is like a sole...
by David Soble | Oct 3, 2021 | Contractor Agreements, Purchase Agreements, Real Estate Law
Why Require An Earnest Money Deposit An Earnest Money Deposit, also known as a good faith deposit, comes from the prospective home buyer and it shows the buyer’s commitment to the seller that they are serious about purchasing a seller’s home. Once the...
by Tom Bell | Sep 30, 2021 | Business Law, Commercial, Financial Disputes, Mortgage Disputes
Your business is having financial issues, cash flow is tight, and you have defaulted on your business loan. What happens next and how do you work out of this situation? Having a brief understanding of commercial loan workouts is important for business borrowers to be...
by David Soble | Sep 11, 2021 | Contractor Agreements, FSBO’s, Purchase Agreements, Real Estate Law
Lisa, a realtor from Livonia, Michigan asks, “My seller’s husband needs to sign papers to close the home. However, he is not lucid. Their realtor said she will get him to sign a power of attorney to his son. Is this right or even legal?” Attorney in Fact...
by David Soble | Aug 15, 2021 | Purchase Agreements, Quiet Title Actions
Title insurance is important for new homeowners to have because, while the home may be new to you, the property will have an entire ownership history of its own that may be unknown to you. Conducting a thorough title search can help you discover any title defects that...