Investing in real estate can be a daunting process. That is why many people turn to establishing limited liability companies, or LLCs, to account for all of the complex legal and tax implications of owning multiple properties. There are a few things you may want to consider about LLCs as they related to real estate. …
Once an offer is properly accepted on a piece of real property and a deposit paid, that offer is a binding contract. The same is true after a purchase and sales agreement is finalized and signed between parties to a real estate transaction. If the Buyer were to refuse to move forward and purchase the …
What if a Seller decides they no longer want to sell their property? Read More »
What is ‘homestead?’ Homestead protection is available for owner-occupied, residential one to four-family homes, condominium units, cooperative apartments and for manufactured homes, which in each case serves as the homeowner’s principal residence. Co-owners of a home ‘share’ the exemption amount. A homestead estate exempts a certain amount of the equity of a home from attachment, …
Buying your first home? Selling your third? Considering a condominium or “cooperative?” The world of real estate is fast-paced, and Massachusetts is one of the most competitive markets in the country. We understand how this market works, and we’re able to provide our clients with individualized legal representation to meet their specific needs and protect …
