Fiduciary Duty to Buyers The California Supreme Court ruled in November that a real estate agent, who worked for a brokerage with agents that represented both the seller and the buyer in a transaction, owed the buyer a fiduciary duty to learn and … [Read more...]
WE’RE LATE, WE’RE LATE FOR A VERY IMPORTANT DATE!
What happens if a nonprofit entity applies for tax-exempt status 27 months or more after its formation? We’re late! We’re late! For a very important date! For a variety of reasons a nonprofit entity may file as a nonprofit under Arizona law, but … [Read more...]
An Eviction Primer for the Residential Landlord
But You Must Pay the Rent! What must an Arizona landlord do in order to evict a tenant? The answer is: “it depends.” What is the cause for the eviction? Late payment? Falsification of information on rental application? Illegal discharge of a weapon? … [Read more...]
A CASE STUDY IN WHAT NOT TO DO AS A COMMERCIAL TENANT
HOW TO LOSE YOUR ASSETS – A CASE STUDY IN WHAT NOT TO DO AS A COMMERCIAL TENANT The recent decision in Pima County Superior Court case, LCL Heritage LLC v. Brass Maze Pizza #794 LLC, et al. dramatically exemplifies what commercial tenants should … [Read more...]
How to Maintain Tax-Exempt Status
A Checklist For Nonprofits – How to Maintain Tax-Exempt Status Receipt of a Determination of Tax-Exempt Status from the Internal Revenue Service (“IRS”) is definitely a significant accomplishment for any charitable organization. After what can be a … [Read more...]