CALL FOR FREE CONSULTATION (717) 220-5351
CALL FOR FREE CONSULTATION (717) 220-5351
If you have ever purchased or sold a home, you know just how significant this process can be. Having an attorney will ensure that you fully understand the terms of the transaction. An attorney can review documents, negotiate with the other party, and even prepare a deed.. Whether you're in the process of buying or selling, I invite you to schedule a free consult to learn how to protect your interests during this momentous occasion!
Starting your own business is the American Dream! To get you on the path to success, it's critically important that you form the entity that is best for your business. Additionally, an attorney can draft contracts and policies that keep your business running smoothly. Whether you're finally pursuing your dream of entrepreneurship or you're already a seasoned small-business owner, I invite you to schedule a free consultation.
An easement is the right to use the property of another for a specific purpose. It is important to note that an easement grants a right to use, not any ownership. If you are considering purchasing property, it is important that you determine whether there are any easements of record. If you have any concerns regarding an existing easement, creating an easement, or terminating an easement, I invite you to schedule a free consultation with me!
Any person selling real property such as a house is required to complete a disclosure statement. The seller must disclose to the buyer all material defects about the property that are known to the seller but would not be readily observable to the buyer. These disclosures must be completed before the sale is completed. Although there are statement forms that are commonly used by sellers, any disclosure statement must comply with the statute. (68 Pa.C.S. §§ 7301-7314). The term “material” can be somewhat ambiguous. In general, the seller must disclose things like rot, water damage, termite treatment, plumbing problems, and electrical issues. Additionally, if the sale includes appliances or fixtures, then the seller needs to disclose any material issues with those as well. I
If it is not in the lease, then it doesn't exist, right? Well, that's not always the case!
The Pennsylvania Supreme Court has held that all residential leases have an "Implied Warranty of Habitability". This means that every landlord implicitly assures their tenants that the home is safe and sanitary. This warranty cannot be waived. If you are a tenant that believes that their home is not in compliance with this warranty, it is critical that you alert your landlord as soon as possible and keep written documentation. Alerting your landlord protects your right to later withhold rent or hire someone to repair the property and deduct those costs from your rent payments. If you are a landlord or tenant with questions about the Implied Warranty of Habitability or any other landlord/tenant issue, feel free to give my firm a call and we can discuss it further!
Many residential lease agreements contain a joint and several liability clause which essentially means that each tenant on the same lease can be held jointly liable for a roommate's unpaid rent, even if your rent is entirely up to date. Likewise, you can be required to pay for damages caused by a roommate, even if you had no responsibility for causing the damage. This is one reason that it is important to have an attorney closely review any lease before you sign, particularly college rentals.
Did you know that there is more than one kind of deed?
In fact, the type of deed that you have can have an immense impact on your rights and liabilities if something were to be wrong with the property. The most common types of deeds are the general warranty deed, the special warranty deed, and the quitclaim deed.
The general warranty deed offers the property buyer the most protection. Under this deed, the seller promises to defend the buyer against anyone who claims to have superior rights.
The special warranty deed is the most common deed for property in Pennsylvania. Under a special warranty deed, the seller only promises to defend the buyer against claims of superior ownership coming directly from the seller.
Finally, the quit claim deed offers the buyer the lease amount of protection. Under a quit claim deed, the seller simply disclaims their ownership but does not make other guarantees.
Whether you are purchasing a home or selling a home, it is important that you understand what is being promised through the deed. I invite you to give my firm a call and I will be more than happy to talk with you!
In Pennsylvania, the name of your LLC must contain some words or abbreviations that tell the world that your entity has limited liability. Common phrases are "Company", "Limited Liability Company", "Limited" or "LLC". It is important that you include some acceptable variation of these phrases in the name of your LLC in order to limit your potential liability.
The type of business that you want to form will depend on what degree of liability you are comfortable with and how you want your business to be taxed. Owning a small business is the American Dream. If you are considering starting your own small business, give my firm a call so we can help guide you through making that dream a reality!
The extent of liability that a business owner may have will depend on the type of liability and the type of business entity. For example, a sole proprietor can be held personally liable for all debts and liabilities of the business. Likewise, in a general partnership, there is no personal asset protection, meaning that all partners are personally liable for the debts and obligations of the business.
An LLC offers small-business owners a great way to limit their liability, but the business owners are still not completely shielded from all liability. In terms of debts and liabilities, the members of the LLC cannot be held liable unless they personally guarantee the debts of the LLC, or the plaintiff can pierce the corporate veil. However, a member of an LLC can still be held liable for their own negligence or personal wrongdoing.
If you are thinking about forming a new small business, please give my firm a call so we can set up a free consultation!
Beneficial Ownership Information (BOI) is a new set of requirements set to begin January 1st, 2024 enforced by the Financial Crimes Enforcement Network (FinCEN) to track the ownership percentage in companies. Although nearly all companies will need to participate an comply, these new requirements should cause little to no change in most businesses. For most LLC's you will simply need to report basic information for each member holding greater than 25% ownership such as; (Ownership %), (Name), (DOB), (Addresses), (SSN), & (Driver's License). You can submit your reporting information at the link below starting January 1st, 2024. For a more information regarding BOI, visit: www.fincen.gov/boi
The information you obtain at this site is not or intended to be legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and email. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time an attorney-client relationship has been established.
Copyright © 2022 Merideth Law - All Rights Reserved.
Powered by GoDaddy Website Builder
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.