Today, we’re going to delve into the world of real estate deeds in the Commonwealth of Virginia. A deed, in its simplest form, is a legal document that transfers ownership of real estate from one party to another. However, not all deeds are created equal. In Virginia, there are several types of deeds, each with
Introduction Creating a comprehensive estate plan is crucial for ensuring the smooth transfer of assets and the fulfillment of your wishes after you pass away. Key components of estate planning include wills and trusts, which require the expertise of an estate planning attorney. In this article, we will explore the importance of working with a
Rapid-fire emails citing finable offenses, cringe-worthy nitpicking at community meetings, and that deep sense of intrusion every time you open your mailbox to find yet another ‘violation notice.’ If you’ve ever lived under the iron fist of an overzealous Homeowner’s Association (HOA) in Virginia, you’ve likely experienced these moments. But fear not, my fellow sophisticated
At Fox & Moghul, we often get queries on the difference between Asset and Stock Purchases. In the bustling world of business acquisitions, two heavyweights often step into the ring: Asset Purchase and Stock Purchase. Each possesses its unique strengths, and understanding their differences is crucial in choosing the right champion for your business deal.
A land trust is a legal agreement in which the ownership of real property is transferred to a trustee, while the beneficiary retains the rights to use and control the property. The trustee is usually a third party, such as a law firm or a trust company, and holds the legal title to the property
At Fox & Moghul, we get frequent calls from real estate investors looking for the “best” asset protection strategy. Well, here is one for the creative types. The Friendly Lien, a clever and innovative approach to asset protection, takes advantage of the legal structure and versatility of Limited Liability Companies (LLCs). This strategy employs the
As lawyers focusing in real estate law, we have encountered our fair share of bizarre and unexpected title issues here at Fox & Moghul. In today’s blog, we will explain what title is, the types of deeds that exist, and why it’s best to buy property in Virginia with a general warranty deed with English
Fox & Moghul has successfully represented many homeowners and/or contractors in construction defect and fraud cases that often involve unlicensed contracting work by companies in violation of Virginia Code 54.1-1110. Embarking on a home improvement project can be an exciting, yet daunting task. When hiring a contractor, you hope that your project will be completed
Fox & Moghul receives many queries every day regarding disputes between business partners. In a Limited Liability Company (LLC) in Virginia, each member and manager owes fiduciary duties to the entity to further its best interests. These duties include the duty of loyalty and the duty of care. In simple terms, fiduciary duties require business