What are the laws that govern used residential property purchases and sales in Virginia? What happens if the seller does not disclose a serious structural defect with the property before selling it to an unsuspecting buyer? What is the extent of the investigation or due diligence that a buyer must conduct before consummating a sale?
As COVID-19 began to spread in Virginia, the Virginia General Assembly conveyed, and enacted legislation designed to assist those affected by the Pandemic. This article is meant to provide an overview of the new requirements for Unlawful Detainer (“UD”) proceedings during the COVID-19 Pandemic (“Pandemic”). The Pandemic caused closure of United States’ government facilities thereby
It seemed a simple enough request. Add on a couple of rooms to the back of your home that will be perfect as a mother-in-law cottage or an apartment for your soon-to-be university student. But the contractor that you hired must not have been up to the task. The slant of the roof is not
In response to the COVID-19 Pandemic, the General Assembly has enacted the following bills, which are effective as of April 22, 2019. House Bill 340 – Closure of the United States government; civil relief for furloughed employees and contractors. Amends the Code of Virginia by adding in Chapter 7 of Title 44 a section numbered 44-209. Provides a
The COVID-19 virus has devastated small businesses, which are the engine of the U.S. economy. A recent survey by Goldman Sachs titled US Small Business Owners Face Great Uncertainty; Over Half Say They Cannot Operate Beyond Three Months revealed that 51% of small-business owners said they could not sustain more than three months of the current economic downturn.
Whether you are a property owner looking to improve an existing structure, someone planning to build a new home from scratch, or a contractor who provides construction or remodeling services, a dispute about the quality of work, the materials used or the design you agreed upon with the other party can lead to expensive litigation.
We at Fox & Moghul have been receiving several queries on whether residential cooperatives and condominium associations are eligible for SBA loan funding under the Paycheck Protection Program (“PPP”) included the CARES Act. What is the PPP Program? The PPP program is designed to provide small businesses with forgivable loans up to $349 billion to
We at Fox & Moghul have been getting an increased number of queries from small business owners concerning the Trump Administration’s decision to inject some emergency liquidity into the economy to save distressed businesses. Given the increasingly uncertain environment these days, the U.S. Small Business Administration (SBA) has initiated the Economic Injury Disaster Loan program
COVID-19 has wreaked havoc with the ability of many people to timely pay their current mortgage. We at Fox & Moghul have been receiving a high-volume of calls by distressed homeowners seeking assistance on this issue. If you are one of those affected by the coronavirus pandemic, and are facing financial difficulties, including an inability
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