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Real Estate Litigation
Today’s real estate market is full of legal disputes. Some real estate squabbles can be handled out of court, but when the parties are unable to settle on a solution, real estate litigation becomes necessary. Whether you are a homeowner, a condominium association, a property management firm, or a commercial real estate developer, you will probably face an issue with your property at some time
CIVIL RICO CLAIMS VERSUS FRAUD CLAIMS
There has been a rise in civil RICO litigation in recent years. Under the federal RICO Act and the Arizona RICO Act, an individual or business that suffered losses due to criminal racketeering can seek justice and compensation. Additional compensation is available in a civil RICO claim—but it is more difficult to prove liability. Federal and state courts have consistently ruled that there are important
Tips for Settling Common Business Partnership Disputes
Disputes between business partners are, unfortunately, all too common. Whether it’s about who gets to make the final decision about company direction or who gets more of the profits, partners can sometimes get into heated arguments that end in one partner leaving the company or even taking it over by force. To avoid this situation and help your business run smoothly, here are seven tips
Steps to take after a Business Contract has been Breached
When your company enters into a contract with another party—a customer, client, or vendor, for example—both you and the other party are obligated to fulfill the provisions of that agreement. If either party fails to fulfill any of the conditions in the contract, a breach of contract has occurred. What’s the Next Step After a Contract Breach? So, after a contract has been breached, what
What You Need to Know About Real Estate Litigation in Arizona
To be an effective phoenix real estate attorney, you must be knowledgeable in real estate transactions and litigation. Many attorneys are limited to one area of expertise and do not have the experience to litigate complex real estate cases effectively. Attorney Stephen J. Anthony has over 25 years of real estate litigation experience. He has successfully represented homeowners, landlords, tenants, investors, developers, builders, contractors, subcontractors,
Knowing the difference between an Operating Agreement and a Shareholder Agreement
Two common types of small business formations are corporations and limited liability companies. If you have multiple owners of either type of company, it is important to make sure that the ownership structure is clearly defined and clearly understood by all shareholders or members. Operating agreements are used for limited liability companies with multiple members, and shareholder agreements are used for corporations with multiple shareholders.
What is a Seller’s Disclosure? Here’s Why It’s Important
Whether you’re about to purchase a new condo or sell your current home, there is a lot to learn and paperwork to sign. One of these critical documents is called a seller’s disclosure. A seller’s disclosure, also known as a property disclosure, is a document that sellers are legally required to provide buyers. This piece of paperwork will include all the undisclosed details related to
Arizona “As Is” Clauses in Arizona Real Estate
Buyers Be Aware of the Use by Sellers of “As Is” Clauses or Warranty Disclaimers When Purchasing Property in Arizona When selling a property, the property’s condition is often a focal point in the negotiation. Buyers want certain assurances or warranties that the property is in good condition, while sellers want to limit their liability exposure. One way for a seller to limit their liability
How To Handle Legal Disputes with Arizona Construction Contractors
From catastrophic defects to contractual disagreements, disputes come in many forms. When things go as planned, commercial buildings lead to significant profits. However, high reward often comes with high risk, and if things go wrong, commercial projects can lead to serious disputes leaving you with long-term legal troubles. This article will outline several common construction legal disputes to look out for when working with commercial
Six Tips to Avoid Arizona Real Estate Legal Disputes
The Arizona real estate market may be booming, but that doesn’t mean that you should ignore the potential of legal disputes. Failing to do so could result in costly litigation or, even worse, loss of property rights entirely. To avoid legal disputes when buying or selling residential real estate in Arizona, keep these tips in mind at all times. 1. Buy Property From a