Many property owners who challenge eminent domain focus on ensuring that they receive just compensation for property taken. But if the government is threatening to take your property, then you might be wondering if there’s a way to stop them altogether. Doing so can...
Month: March 2021
What happens if the executor of a will dies?
Appointing an executor is an important step when setting up your will in Ohio. An executor is the person who administers your estate according to the terms of your will after you pass away. Administering an estate comes with many responsibilities. The executor is...
Challenging a property taking by eminent domain
Property owners may not be aware that the government or other entities may be able to take their private property for public use. This act falls under an area of the law called eminent domain and is intended to be used for projects that benefit the community, like...
Understanding the real estate financing process
Most people who purchase a home need to finance the property. There is helpful information about the financing process and how to resolve disputes that arise. Financing process There are a few important steps for buyers to take, including deciding how much they want...
Types of zoning and potential disputes
It’s important to follow zoning regulations to ensure that a building adheres to requirements for land use and development. There are several types of zoning that are helpful to understand. Types of zoning Residential zoning usually covers single and multi-family...
Six key considerations prior to a merger or acquisition
A merger or acquisition can position your business for long-term success. It might give you broader reach in the market, allow you to secure more efficient and cost-effective supply chains, and secure access to broader research and new talent. That said, mergers and...
Court rules in favor of Tesla in $2.6 billion shareholder lawsuit
In 2016, Tesla Inc. acquired SolarCity for $2.6 billion, a move that SolarCity shareholders decried as unfair. Shareholders filed an investor lawsuit against Tesla co-founder Elon Musk who, at the time, was chairman of Solar City and the largest shareholder of the...
What are some common reasons for construction litigation?
Many Toledo businesses may choose to build their own facility from the ground up. Other businesses in northwest Ohio may engage in a major construction project in order to add on to existing real estate. Likewise, many homeowners in the area might choose to build...
Property tax valuation and appeals process
Every homeowner should be aware of the tax valuation process in Ohio and how to appeal if they disagree with the tax assessment of their property. Tax valuation overview The tax valuation process for real estate includes several steps. First, the county auditor’s...
Understanding the foreclosure process in Ohio
When a person is facing foreclosure of their home, it can be a very difficult situation. There is information about the foreclosure process that is helpful to understand. Foreclosure process Foreclosure is a legal process in which a lender takes possession of property...