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If you're planning to sell an investment property and acquire another in Ohio, a 1031 exchange offers a strategic way to defer capital gains taxes. This provision in the Internal Revenue Code permits the exchange of one investment property for another of equal or...
Unexpected disruptions can significantly impact even well-structured commercial real estate transactions. Force majeure clauses serve to protect parties from liability when uncontrollable events interfere with contract performance. But how do Ohio courts evaluate and...
Dealing with property encroachments can be stressful. If your neighbor is encroaching on your property, you have legal options to protect your rights. Understanding what to do next can help you resolve the situation while minimizing conflict. Understand the...
Trust is essential in any business partnership. Each partner has legal and ethical responsibilities to act in the best interests of the business. These responsibilities are known as fiduciary duties. When a partner violates these duties, it can damage the business and...
Third-party debt collectors often try everything in their power to get debtors to pay their bills. The original creditors weren’t successful, but the experience of third parties is sometimes met with success. All third-party debt collectors must ensure they abide by...
The Fair Debt Collection Practices Act (FDCPA) is a federal law that governs how debt collectors can interact with consumers. The law primarily applies to third-party debt collectors, such as collection agencies; however, it’s critical that all creditors understand...
Recovering unpaid debts is an important part of protecting your financial interests. Whether you are a business, service provider or lender, handling debt collection with care can help you avoid setbacks and strengthen your chances of successful recovery. However,...
Even the strongest business partnerships can face legal disputes. Differences in vision, financial strain or miscommunication can all lead to serious problems. Here are some of the most common legal issues that arise between business partners. Disagreements about...
Garnishment is a powerful tool for creditors looking to collect on unpaid debts. In Ohio, creditors can seize a portion of a debtor's wages, bank accounts, or other assets to satisfy a judgment. Understanding the rules surrounding garnishment is essential for...
If you face disputes over your property’s ownership or issues with the title, a quiet title action can help resolve these problems. This legal process allows you to clear any challenges to your ownership and ensures that the property title is free from conflicting...
