Parties to real estate transactions frequently use the transfer of limited liability company membership interests instead of a deed to transfer ownership in the underlying real property. This may be done for a variety of reasons, including the avoidance of paying a conveyance fee. Historically, this method has also been used when the purchase price […]
Scenario: Mr. Jones takes delivery of his new vehicle. During the period of time when the title is being transferred to Mr. Jones, he is in a serious accident, and the vehicle is determined to be a total loss. Mr. Jones contacts you and states that the dealership is responsible for payment of the vehicle since […]
Applications to attempt to lower residential and commercial real estate taxes are due March 31, so this is a good time for property owners to review the taxes they pay and analyze whether they should apply for a reduction. Property owners can apply to county Boards of Revision and potentially reduce the county’s valuation of their […]
