Why Selling a Property to Avoid Paying a Judgment Doesn’t Work

I am often asked by worried property owners involved in a legal case whether they can simply sell their properties and ignore the case. After all, if the property owner liquidates everything, how can the opposing party collect a judgment? Is it not cheaper to liquidate rather than defend a case and pay a judgment? […]
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The Big Question about Broken Real Estate Contracts

Clients often ask me if a court will force a prospective seller who signed a real estate agreement of sale to transfer the property when the seller refuses to close. A party who breaches an ordinary contract may be responsible for money damages. But in the case of real estate, a buyer may ask the […]
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Is a Lease Purchase Option Worth the Expense and Risk?

Lease option agreements are one way to circumvent a financing problem when the buyer has poor credit. A lease option is a lease between a landlord (seller) and a tenant (buyer) but with the option to buy. The tenant has the benefit of consumer protection laws and the right to walk away from the lease […]
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