Adverse possession can present both risks and opportunities with respect to the ownership and use of real estate. Adverse possession is a legal doctrine recognized in all 50 states, that could allow someone to gain ownership of your property by, basically, treating it as though it was theirs. While these requirements may vary by state, […]
Blog
Corporate Transparency Act: Is Your Small Business Subject to New Mandatory Reporting Requirements?
We want you to be aware of the Corporate Transparency Act (CTA) (31 U.S.C. § 5336), which sets forth new mandatory reporting requirements that may directly impact your business. According to the U.S. Department of the Treasury, the CTA “creates a beneficial ownership information reporting requirement as part of the U.S. government’s efforts to make […]
What is a Contract for Deed?
Most people assume that buying a home means getting pre-approved for a loan from a lender who fronts the money to “close” on the property. But, not all transactions for the purchase of property require a third party. In some cases the seller of the property is willing to “carry back” a portion of the […]