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Tag Archives: Deed
Purchasers cannot attach securities fraud to deed transferors
By Jay Fishman, J.D. The North Carolina Court of Appeals affirmed North Carolina Business Court orders absolving two defendant real estate companies of securities fraud in connection with their transferring to the plaintiff purchasers a deed for tenancy in common … Continue reading
Posted in Banking and Finance law
Tagged Attach, Cannot, Deed, fraud, Purchasers, Securities, transferors
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CALIFORNIA’S TAXATION OF WHISTLEBLOWER AWARDS: No Good Deed Goes Untaxed; Or Does It?
Whistleblower awards are big business. In 2016 alone, the IRS paid over $60 million to whistleblowers. The SEC awarded a similar amount. A patchwork of other whistleblower laws involving 57 federal statutes and 44 states, including California, also result in … Continue reading
Posted in Tax Law
Tagged awards, Californias, Deed, goes, good, Taxation, Untaxed, Whistleblower
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Does a deed reservation for "minerals" include Marcellus Shale gas? Maybe; Maybe not.
Pennsylvania has long followed a presumption, known as the Dunham Rule, that when a reservation or exception for "minerals" in a deed does not mention natural gas or oil, there is a rebuttable presumption that the word "minerals" does not … Continue reading
Posted in Environmental Law
Tagged Deed, include, Marcellus, Maybe, not., Reservation, Shale
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The Trilogy: Explaining the Deed, Promissory Note and Mortgage at a Massachusetts Closing
Prospective real estate buyers tend to think of the "mortgage" as the contract they are signing with the bank. This is misleading. The promissory note is the actual contract to loan and borrow money between lender and borrower. The mortgage … Continue reading
Posted in Real Estate & Property Law
Tagged closing, Deed, Explaining, Massachusetts, Mortgage, Note, Promissory, Trilogy
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Miami: What is a Deed in Lieu of Foreclosure?
The unemployment rates in Miami are consistently on the rise in today's economy. Because of this, many of the residents in Miami who own a home or multiple homes may begin considering options that will help them avoid foreclosure. One … Continue reading