If you are in the business of buying and selling real estate for investment purposes, you will likely hear about the advantages of a “1031” or “like-kind” exchange at some point. A like-kind exchange, often called a 1031 exchange, is swapping one piece of real estate...
Litigation And Appeals
Is it possible to buy a parcel of land without access?
When you are buying a land parcel, there are a lot of concerns you may have about the land itself. One thing you may not think about is access: Will you always be able to access the property? Is it even possible to buy a land parcel in Ohio that you cannot actually...
What is just compensation in an eminent domain proceeding?
Eminent domain occurs when the government takes a piece of private land for public use. While you have the right to defend yourself against an eminent domain proceeding, you may also choose to accept the compensation offered to you by the government for giving up your...
What is a limited liability company?
If there is one thing that holds people back from starting a business in Ohio, it is probably this overriding thought: Where do I begin? You may have an idea for a successful business, and you may even have potential investors lined up. But, getting the formation of...
Should you mediate your business dispute?
If you are an Ohio business owner, you have probably heard of business mediation as an option for resolving business disputes. But is it right for you? Although it is true that mediation has several potential advantages over traditional litigation, sometimes...
Opposing the use of eminent domain in Ohio
Eminent domain, the taking of private land for a public use, is one of the most controversial powers granted to state and local governments. A notice of proposed taking is one of the most unsetting communications a landowner can receive. Despite the widespread use of...
Know the law regarding appraisals in an eminent domain case
In Ohio, when a person is set to lose their property through eminent domain, one of the most fundamental issues they should focus on is how to maximize their compensation. While it is frequently upsetting to learn that property will be taken by government entities for...
How to deal with issues of testamentary capacity
Waiting too long to create an estate plan can raise a whole host of issues. One of the most consequential is concerns about testamentary capacity. To create a legally valid estate plan, the person who signs of the estate planning documentation has to have sound enough...
Court rules local village can exercise eminent domain
Eminent domain can quickly consume your property if you’re in the way of development. And these takings occur all the time, too. In fact, property owners in Luckey, only about 20 minutes south of Toledo, were recently dealt a blow by a lower court judge who found that...
Can I sue my realtor or broker if they misrepresented a property?
Successfully buying property both as a professional and nonprofessional hinge on the accuracy of information provided by realtors and brokers. However, when one of the realtors or brokers in a transaction misrepresents something to the seller, they the real estate...