Before you break ground on a structure, there will be a long checklist of things you need to take care of to ensure a smooth building process. If you are truly prepared, one of those things will be to double-check that your new home or office does not encroach on the setback zone as established by the applicable municipality. If you are not familiar with this term and how it affects your property, we explain what you need to know below. What ...
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One of the most under-utilized sections in the Internal Revenue Service tax code is Sec. 1031 – perhaps due to its complexity. The truth is that if you want to avoid paying hundreds of thousands of dollars in capital gains taxes from the sale of a property, you should take a good look at this code. The provision allows you to, essentially, swap one investment property for another. However, there are several restrictions and time frames you must ...
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A landlord’s responsibility does not end at completing the construction of the building and installing the basic utilities. Under landlord-tenant law, the landlord’s obligation extends to ensuring that the building is habitable for its occupants during their stay. Of course there are certain limitations to this obligation. It would be unreasonable, for instance, to expect a complete roof reinstallation just because of a small leak on the roof. ...
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Shareholder disputes are a serious concern that can bring your business to its knees. When you get into a disagreement with your partner(s), it can affect the ongoing performance of the business. It can ruin your reputation and cripple your ability to deliver goods or services as efficiently as possible.  If the dispute is not successfully resolved, it can cause permanent damage to your brand and even result in your company’s closure. As such, ...
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Most people don’t know exactly where their property boundaries end, and most people don’t care. The only way you can be able to physically touch the limit of your property is when your deed contains permanent markers of the land, for example, a stone monument or tree. And even then, the boundary might not be set up in a straight line. If you are conflicted about your property boundaries, here are a few steps to take in order to amend lot ...
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A variance allows a property owner to use his or her land efficiently by bypassing established local zoning laws. Variances are normally issued under unusual circumstances, for instance when there’s a large stream on the property that is making it difficult to continue with construction without breaking local zoning laws. There are two types of variances: use variances and area or non-use variances. This article explores non-use variances in the ...
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One of the most important things you need to do before you start building on a property is to conduct a zoning analysis. A zoning analysis determines the legal rights of building on the property. It assesses the local zoning codes to find out the legal development limitations, including things such as the height, size, and square footage allowed for a building in that zone. Here is everything you need to know about zoning analysis. When ...
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