When a seller backs out of a signed real estate contract in Maumee, a buyer's first instinct may be to recover a deposit or out-of-pocket costs. Standard contract law often defaults to monetary damages to compensate the non-breaching party. But when the buyer wants...
Month: August 2019
Will Ohio bear the prepayment penalty in eminent domain?
If your mortgaged property becomes a target of eminent domain, you may be worried about unexpected financial repercussions. Specifically, a possible prepayment penalty by your lender could be a cause of major worry. Here is what you need to know to allay concerns....
What should an Ohio business preserve before a lawsuit?
A demand letter, contract dispute or serious employee complaint may signal legal action. For your Maumee or Toledo-area business, routine deletion of records could erase information that later matters to either side. Ohio Civil Rule 37 covers digital records, such as...
What happens when co-owners disagree about selling property?
Owning Ohio real estate with someone else can become stressful when your plans no longer match. You might want to sell an inherited home or investment property while another owner refuses. You could negotiate a sale, physical division or buyout directly or through...
Your rights when a utility company demands an easement
A knock on your door or a sudden letter in your mailbox from a utility company can cause immediate stress. It is easy to feel like you have no choice when a large company demands access to your land. You do have options. An easement request is not a final command, and...
3 common real estate disputes
Whether you are buying or selling a home, it is important to be aware of some common disputes that can disrupt a real estate transaction. A dispute can lead to delays, serious financial setbacks and legal consequences. Here are a few common problems when handling a...
Can businesses still enforce noncompetes in Ohio?
A noncompete agreement prevents an employee or possibly a business partner from directly competing with the company at issue. These restrictive covenants often take effect after the end of a working relationship. When a business partner agrees to a buyout or when a...
Can a seller be liable for failing to disclose property defects?
What if the home you purchased seemed perfect during showings, only for serious problems to emerge after closing? Hidden water damage, foundation issues or mold can quickly turn an exciting investment into an expensive dispute. If you’ve discovered significant defects...
Can you sell your property if it is subject to eminent domain?
A notice that a property could be acquired for a public project often creates uncertainty about the future. There might be questions about ownership and the right to transfer the property. If your property has been identified for eminent domain, you likely want clear...
How contingencies protect people who are buying homes
Buying real estate is not generally a rapid process. People must spend weeks checking listings for properties that fit their needs. They must submit a bid, negotiate with the seller and then wait weeks to sign the final paperwork at a title company in most cases. The...

