On behalf of Law Firm of William E. Otto | Jul 29, 2019 | Legal Services
There is a great temptation to use non-attorney legal services. I won’t name any, but you can find them on the Internet if you want to look. It is important to keep in mind that these services, while costing less than many attorneys, are limited in their scope. Many...
On behalf of Law Firm of William E. Otto | Jul 29, 2019 | Litigation
Not every problem is best solved by litigation. Litigation is not easy, quick or cheap. A judge is not like an NFL referee who will throw down a yellow flag, assess a penalty and move the case along immediately. Remember that there are always at least two, and often...
On behalf of Law Firm of William E. Otto | Jul 29, 2019 | Residential Real Estate
Any buyer of a residential property is advised to obtain a home inspection. There are a number of misunderstandings about what exactly a home inspection is supposed to accomplish. Home inspectors are considered “generalists”. In a manner similar to your general...
On behalf of Law Firm of William E. Otto | Jul 29, 2019 | Residential Real Estate
If a real estate broker from 1900 were to be transported to our current time and asked to fill out a real estate sales agreement, it is very likely that the broker from 1900 would be stunned beyond belief. There are many “old timers” who talk about how sad it is that...
On behalf of Law Firm of William E. Otto | Jul 29, 2019 | Nonprofit
Being asked to serve as a director of a nonprofit entity can be a very flattering invitation. It can represent an opportunity to provide service to your community, as well as to achieve some level of personal visibility as a director. Nevertheless, such positions do...
On behalf of Law Firm of William E. Otto | Jul 29, 2019 | Residential Real Estate
There is no three day right of recision for real estate sales. If you are not sure about whether you want to sell a house, don’t list it until you are sure. If you are not sure whether you want to buy a house, don’t waste the time of a real estate agent. If you want...
On behalf of Law Firm of William E. Otto | Jul 29, 2019 | commercial real estate & environmental compliance
Any business which has been involved in the purchase or sale of real estate knows that the title company asks for a lot of information from both sides before the transaction can close. One of the items which is requested seems something of a self-evident request:...
On behalf of Law Firm of William E. Otto | Jul 29, 2019 | commercial real estate & environmental compliance
Anyone who has either bought or sold a home knows that part of the process is preparing and reviewing a seller disclosure and having the property inspected by a home inspector. A seller who starts to prepare a seller disclosure form is faced with the task of telling...
On behalf of Law Firm of William E. Otto | Jul 29, 2019 | commercial real estate & environmental compliance
Anyone who purchases a condominium unit is entitled to certain disclosures. If the unit is brand new and is being purchased from the Declarant, the buyer is entitled to a Public Offering Statement which contains extensive information concerning the anticipated...
