Standard Legal offers Promissory Notes with Personal Guarantees and Third Party Guarantees, but not ‘secured notes’.
How Can I Complete Transfer if Property Was Granted to Me in Divorce But My Spouse Won’t Sign the Quitclaim Deed?
If a party is refusing to execute a Deed to transfer property pursuant to a court order to do so, then the party to whom the property is to be transferred has the right or option to seek the court’s assistance in compelling such transfer.
Will I Lose My House if I File Chapter 7 Bankruptcy?
Depending on your state of residence, an income level of less than $50,000 may permit you to file a Chapter 7 Bankruptcy case.
What Changes to the LLC are Required if I Sell My Company to Another?
Transfer of ownership of an entity does not change or alter the entity itself. But there are a few pieces of the Limited Liability Company structure that should be examined when an LLC is sold.
If My Parents Land Contract Their Home to My Sibling, How is the Property Divided Upon Their Death?
The first fact to understand in such a circumstance is that a person cannot create a Will that distributes property they have already sold.
If My Employer Forces Me to Move to Another City, Can I Demand a Return of My Security Deposit From My Landlord?
Typically, only the requirements of military duty compels a landlord to return a security deposit to a person breaking a residential lease.
Would the Purchase of a Mobile Home Be Covered Under UCC?
While this matter can vary by state, generally ownership in a mobile home is evidenced by a title (much like a vehicle).
If My Parents Quitclaim Their House to Me, Am I Responsible for the Mortgage Payments?
Payments against a mortgage need to be made by someone, be it parents or child, if either party wants to keep the Deed to the house.
How Is Money in a Will Distributed if the First Listed Beneficiary is Deceased?
The Will language itself should provide the instruction on how and to whom the assets should be distributed.
Does a Last Will and Testament Override a Promissory Note?
A Last Will & Testament may contain language that forgives indebtedness owed to the decedent by a third party, even if the indebtedness is confirmed through a written Promissory Note.
But if the holder of the Promissory Note is not a beneficiary of the assets of the estate, another solution is used.