Attorneys typically recommend that investors hold rental properties in limited liability companies. A limited liability company (“LLC”), maintained properly as a separate entity, limits the investor’s liability to the assets held in the LLC and … [Read more...]
Franchisors as Co-Employers?!
The National Labor Relations Board (“NLRB”) announced last week that their General Counsel found merit in charges made by McDonalds’ employees regarding employee protests. The momentous impact of the announcement is that the finding was against both … [Read more...]
Hoarding – Not just a television show!
Landlords and homeowners associations have long been concerned with health and safety conditions. So what can they do when a tenant or owner is discovered to be a hoarder? Hoarding has been defined as including three main characteristics:"(1) the … [Read more...]
Another adventure with Dodd-Frank! TILA-RESPA Integrated Disclosure Rule
(Truth in Lending Act – Real Estate Settlement Procedures Act) For more than 30 years, TILA and RESPA have each required lenders to provide a specific form to consumers applying for a mortgage loan, and each had different forms of disclosure for … [Read more...]
Loan Originators Now Required for Residential Financing Except…
More of Mortgage Reform in 2014 The Consumer Financial Protection Bureau (CFPB) issued new rules as a part of the Truth in Lending Act (TILA) and the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE). The rules became effective in … [Read more...]
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