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30 Sep 2016, 12:00 pm
The Tax Court decided a case of first impression with the issue of whether an estate could take a theft loss deduction for a property held by an LLC. [read post]
18 May 2020, 12:11 pm
Contracts — Attorneys’ fees — Prevailing party Westfield Property Management, LLC (“Westfield”), filed suit against Systems 4, Inc., in the Circuit Court for Anne Arundel County, alleging that Systems 4 failed to return the unearned portion of a deposit after Westfield terminated a contract for Systems 4’s services. [read post]
11 Mar 2020, 8:10 am
Zoning — Billboards — Digital billboard Appellant Bay Properties 2, LLC. [read post]
17 May 2012, 12:34 pm
For instance, when transferring property from an LLC, the Iowa Revised Uniform Limited Liability Act requires that the record (i.e deed) must disclose whether the LLC is member-managed or manager-managed; whether the conveyance is in the ordinary course of the LLC's business or affairs; and that the signer has authority to act on behalf of the LLC. [read post]
2 May 2012, 4:00 pm
A builder, through his company, entered into a contract with Owner, as the managing member of Owner’s LLC (SMLLC). [read post]
6 Aug 2019, 11:40 am
If all properties were in a single traditional LLC, all would be at risk for a claim arising out of any one property. [read post]
29 Jan 2018, 8:35 am
Contracts — Purchase agreement — Enforceable contractual right This appeal arises from a breach of contract action that sought specific performance in the sale of four properties between PMIG 1024, LLC (“PMIG”), Appellant-Lessee, and SG Maryland, LLC (“SG”), Appellee-Lessor. [read post]
13 Mar 2018, 5:07 pm
For example Baja Properties argues... [read post]
31 Jan 2023, 10:45 am
A vacation home LLC is a family business that allows a vacation home owner to pass down their property, specifying how the property can be used and how decisions will be made. [read post]
17 Apr 2018, 8:56 am
The LLC is often recommended by U.S. tax professionals as one of the best ways to own property in the U.S. [read post]
9 Aug 2022, 6:15 am
Real property — Deed of trust — Enforceability On October 4, 2018, Walnut Street Finance of Maryland, LLC a/k/a Walnut Street Finance, LLC (“Walnut Street”), appellee, initiated a lawsuit against Core Investments, LLC (“Core”), and Sonia Kochhar, appellants, in the Circuit Court for Prince George’s County. [read post]
7 May 2021, 12:24 pm
In contrast, if all properties were in a single traditional LLC, all would be at risk for a claim arising out of any one property. [read post]
28 Jan 2015, 8:52 am
Westport Property Investments LLC submitted a $6 million bid for the property. [read post]
27 Apr 2011, 4:00 am
Bradley Borden (Brooklyn) and Mathews Vattamala (Student-Brooklyn) have posted Series LLCs in Real Estate Transactions (Real Property, Probate, and Trust Law Journal) on SSRN. [read post]
18 Jan 2020, 2:41 pm
Attorney Tiffany Lunn of Lunn Law LLC recently was asked “How can one spouse keep the other spouse from having a valid claim to real property purchased during the marriage”? [read post]
10 Feb 2017, 6:00 am
In this consolidated divorce action, an LLC operating agreement with an arbitration provision was found to be a postnuptial agreement affecting a spouse’s separate property. [read post]
22 Nov 2022, 10:40 am
Kang Haggerty LLC, a law firm based in Philadelphia, PA and Marlton, NJ, recently secured a settlement in a class action lawsuit filed against the City of Bridgeton, New Jersey, and Borgers, Saunders, Taylor and Associates LLC, which provided New Jersey towns and cities with vacant and abandoned property program services. [read post]
2 Aug 2012, 12:18 pm
In order to transfer real estate into an LLC, you must sign a deed conveying the real estate to the LLC and record the deed in the county in which the real property is located. [read post]
9 May 2017, 1:16 pm
Lawyers in Charleston, SC - Futeral and Nelson, LLC As family law attorneys in Charleston, SC, we've been asked whether South Carolina is a community property state. [read post]
18 May 2021, 1:33 pm
Today, Tuesday, May 18, 2021, the NC Court of Appeals issued its decision in C Investments 2, LLC v Auger. [read post]