People acquire property for a variety of different reasons. Perhaps they found the home of their dreams, or maybe they wanted a stable investment. Regardless, purchasing property is a momentous occasion in one’s life. However, acquiring property is not without stress...
Like other states, Ohio requires most sellers of family homes to fill out what Ohio calls a Residential Property Disclosure Form. This Form requires the seller, and specifically not just the seller’s real estate agent, to provide information about the property that...
When it comes to your property rights, the government has more power over you than you may realize. In fact, through eminent domain, they can seize your property in exchange for reasonable compensation, based on fair market value, so long as the seizure is for public...
Closing any business can be a complex affair. The business form can determine the steps which must be taken, from initiating the process to final dissolution. For limited liability corporations, there are specific rules guiding its dissolution and understanding those...
All business owners are looking for ways to avoid business litigation and disputes. One that that is increasingly becoming popularized is a nondisclosure agreement. Nondisclosure Agreements Nondisclosure agreements, generally, refer to o contract where the parties...
With the housing market in Ohio being as hot as it is homeowners may be eager to sell their properties as quick as possible and home buyers are lining up to purchase their dream home. Still there are certain steps in the real estate purchase process that should not be...
Eminent domain is the process of the government’s taking of private land for a public use in exchange for just compensation. In other words, it the seizing of property owner’s home or other property for a societal benefit. However, the condemnation of private property...
While Ohio residents may be in a hurry to finally sign paperwork completing the sale of a house, it is important to not rush into anything. Older houses often have various issues and not disclosing them can lead to costly and lengthy real estate litigation. Who’s...
A bill sent to the Ohio governor for approval recently is set to protect property rights in some cases of eminent domain. What is the new law? The state budget bill has been approved by both the House and the Senate and is now with the governor. If approved, it would...
Real estate investors in Ohio are seeking to profit on their investment and keep as much money as possible shielded from taxes. This is a wise decision and it is perfectly legal. One way in which this is frequently done is through Section 1031. Known as a like-kind...
