lawyers.com - Untitled 2

Sharecropping

Jay, an experienced farmer, sold his farm because he is no longer interested in working full-time. He would like to farm a small piece of land that will yield just enough produce to provide for his family and to sell at a...

Intestate Succession

Lionel, a married man with four children, planned to get around to making his will for years. Lionel owned two houses, a farm, and numerous items of personal property. Unexpectedly, Lionel died of a heart attack. Lionel never...

Explanation of Mediation

We all hope to live harmoniously with our neighbors. Sometimes, however, disputes arise due to varying lifestyles. One way to resolve disputes is through the use of a form of alternative dispute resolution known as mediation.

...

Bridge Loans

Alex was out on a Sunday drive when he saw a "For Sale" sign on a house in his favorite neighborhood. Alex decided to take a closer look. Alex was delighted to find that an open house was scheduled for that day and that he...

Foreign Investment in Real Property Tax Act FIRPTA

In the year 1980, Congress enacted the Foreign Investment in Real Property Tax Act (FIRPTA). The law can be found at 26 U.S.C.S. §1445. Briefly stated, the law provides that if a seller of real property is a "foreign...