Our office receives multiple calls every day touching upon some of the issues discussed in this article. Purchasing a commercial property in Virginia is a complex process that often requires the assistance of an experienced Virginia Real Estate Lawyer. Please feel free to call our office to discuss the following issues with respect to the
We at Fox and Moghul often get queries regarding HOA/Condo Association disputes. This pertains to an area of real estate law that is very specialized and requires an understanding of the structure of community associations. Some examples of such disputes include, but are not limited to, property upkeep and maintenance, water damage from common elements,
Also read Introduction to Limited Liability Companies in Virginia The LLC Is an Entity Separate and Distinct from Its Owners The single most common reason people hold hold property in an LLC is to protect their personal assets This can be done because “[l]ike a corporation, a limited liability company is a legal entity entirely
If you are planning on buying real estate in Virginia along with someone else, then you must take several factors into account, particularly when the other co-owner is not your husband or wife, or a family member whom you trust. First, consider the form of taking title. Please read our article on Types of Deeds
BUSINESS ENTITIES – COMPARISON CHART Difference between S Corp and C Corp and LLC Copyright © Fox and Moghul 2020 Entity Limited Liability Company (LLC) S Corporation C Corporation Partnership Description An LLC can only be formed by making appropriate filing with the state (see below). Owners are called members and the LLC may be
VISUAL REPRESENTATION OF THE EVICTIONS PROCESS
Virginia Contractors (Classes A, B and C) and DPOR Compliant Contracts By Faisal Moghul of Fox & Moghul posted in Real Estate Law on Monday, March 11, 2019. Certain activities related to the construction, repair or renovation of real property require a contractor’s license. Virginia Code § 54.1-1100 defines a “Contractor” as follows: “Contractor” means any person, that for a
By Faisal Moghul of Fox & Moghul posted in Real Estate Law on Thursday, March 26, 2020. 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
How Can You Get Your EMD Back If the Other Party Has Breached the Contract In Virginia?
This is a very common question pertaining to the relative rights between unmarried couples who co-own property. In other words, home ownership among nonmarried couples. Typically, a boyfriend-girlfriend decide to buy real estate together and the deed lists both of them as co-owners of the property. Soon, things go south and the parties start fighting