News Author: Kelly Rutledge
Real Estate Conveyances: Which Deed is Right for Me?
When considering whether to enter into a contract to buy or sell property, you may come across various types of deeds by which title may be transferred. In Washington State, there are three common types of deeds that may be used: a statutory warranty deed, a bargain and sale deed, and a quit claim deed.
Eight Things to Consider if You Want to Sell Your Business
Selling a business is a significant milestone. Whether you’re moving on to new ventures, retiring, or simply cashing in on your hard work, the process involves more than just finding a buyer and cashing a check. Selling your business is a complex process that requires careful planning, due diligence, and legal consideration. Here are a
What Does the Corporate Transparency Act Mean to Me and My Business?
A few years ago, Congress passed the Corporate Transparency Act, 31 U.S.C. 5336 (“CTA”), which established certain required information filings with the U.S. Treasury Financial Crimes Enforcement Network (“FinCEN”). The purpose of the CTA is to create a national database of companies in the U.S. that identifies the people behind the companies (both owners and
Interested in an Accessory Dwelling Unit in Washington State? Be Sure to Research the Regulations for Compliance
In recent years, the interest in Accessory Dwelling Units (ADUs) has grown exponentially in response to housing shortages and affordability issues. The regulatory landscape for ADUs is dynamic and can be affected by changes at local, state, and/or federal levels. It is crucial for property owners and builders to be informed about the latest requirements
Business Obligations Under the Corporate Transparency Act: What You Need to Know
The Corporate Transparency Act (CTA) was enacted to enhance corporate transparency and combat illicit activities such as money laundering and tax evasion. While the primary focus of the CTA is unearthing those involved in illicit activities, most businesses fall under the broad reach of the new legislation. With an effective date of January 1, 2024
Legal Concerns of Real Estate in the Metaverse: Navigating the Virtual Frontier
The concept of the metaverse, a virtual world where users interact with digital environments and each other in immersive ways, has gained significant attention in recent years. With advancements in virtual reality (VR) and augmented reality (AR) technologies, the metaverse is becoming more accessible and has the potential to revolutionize various industries, including real estate.
HOAs and Special Assessments: What to Know
If you have considered living in or currently live in a community with a homeowners’ association (commonly referred to as an HOA) such as a condominium or complex of townhomes, you have likely heard of special assessments. Generally, special assessments are what an HOA charges over and above regular periodic assessments that cover the routine
Disclosures – Sellers Have a Legal Obligation to Reveal Known Defects When Selling a Home
The process of selling a home can be a time consuming and complex process. As part of that process, owners looking to sell have the responsibility to disclose known defects in the property. If you are considering a private sale or want to ensure you have completed your due diligence, disclosures are an important part
Breaking a Commercial Lease: Things to Consider Before Termination
The world is transforming in the post-covid era and business needs are evolving as consumer habits change. These changes can directly impact the space where you conduct business and have you contemplating what to do about one of your business’ largest expenses. Whether your company is growing and in need of a new space to
When Animals Are More Than a Pet: Differences in Rights and Responsibilities for Service and Emotional Support Animals
What is the difference between a service animal and an emotional support animal? A service animal is a dog which has been trained to perform a specific task or to do work directly related to a person’s disability. Service animals perform a wide variety of vital services such as allergen alerts, seizure response, and hearing