-
How Do Lease Buybacks Work?
A lease buyback, also known as a leaseback, is a real estate transaction in which the seller sells the property to the buyer and then leases it back from the seller for a short period of time. Both the seller and the buyer can benefit from this transaction as long as everything goes well, which…
-
What Should Be Included in an LLC Operating Agreement?
An LLC operating agreement is an essential document. It outlines the ownership of the company, how it is managed, and the rights and responsibilities of all those involved. Without a properly drafted agreement, you are leaving your business open to potential legal problems down the line. Here are some of the most important items to…
-
What Are the Benefits of Setting Up an HOA?
A homeowners’ association (HOA) is a non-profit organization that maintains and enhances the quality of life in the development while protecting property values. An HOA can be beneficial for both homeowners and developers alike, but it is important to understand what setting up an HOA entails before starting one. The main benefit of an HOA…
-
How Can I Resolve an Easement Dispute With a Neighbor?
An easement is a right to use someone else’s property for a specific purpose. This can be a legal agreement between two people or it can be created by law. Common purposes for an easement include accessing a water or sewer line or using a driveway to get to your house. If you are having…
-
Can an HOA Foreclose on a Property?
A lien is a claim or legal right that an entity has against someone else’s property or assets. A lien is used as security for payment of a debt or obligation. When an HOA puts a lien on a property, they are essentially saying that the owner owes them money, and if they do not…
-
When Should You Hire a Business Law Attorney?
Running a business can be a rewarding endeavor, but it also comes with a lot of legal responsibilities and risks. Whether you are just starting out, or you have been in the business world for many years, knowing when to call an attorney is essential for protecting your interests and avoiding potential issues down the…