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Questions Answered by Shafeek Seddiq
1 Answer | Asked in Contracts for Virginia on
Q: In negotiations on a Bank held property. There have been a couple counter offers back and forth. We made the last offer

at 196,000 and the bank countered today at 207,000 which we sent back a counter of 200,000. They just sent back a response of we now have multiple offers..send your best offer. This property has been sitting on the market for a good while (I doubt there are other offers but) can we ;still accept... Read more »

Shafeek Seddiq
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Shafeek Seddiq
answered on Jun 3, 2020

Read the offer to learn the time period of the validity of the offer and make the counter or another offer before it expires.

1 Answer | Asked in Divorce and Real Estate Law for Virginia on
Q: Divorced and ready to sell home have agreement that it is ex wife’s property and ex has no claims to it is that enough?

I grew up in the home in question and per our separation agreement I got sole rights to this property once divorce was final now 2 years later, I have since remodeled and out grew my home so do I need to consult with my ex husband to sell or is my signed document that’s notarized enough to sell... Read more »

Shafeek Seddiq
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Shafeek Seddiq
answered on Apr 23, 2020

First, your question assumes that the home was in both of your names. If so, usually the Property Settlement Agreement (PSA) will say that one spouse to convey title to the other. If that has not happened, then your ex husband may still be on the deed and he may be needed to sign documents. So, I... Read more »

1 Answer | Asked in Business Law, Contracts and Employment Law for Virginia on
Q: Is it violating non-compete if I work for subcontractor of competing company?

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Shafeek Seddiq
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Shafeek Seddiq
answered on Apr 13, 2020

It depends on what your non-compete says. Non-compete, also knowns as restrictive covenants, prevents employees from stealing employer secrets and customer after their employment ends. It can also prohibit employee from contacting employer's customers, prohibiting you from working for someone... Read more »

2 Answers | Asked in Contracts and Civil Litigation for Virginia on
Q: What happens if I don't pay the agreed settlement as a defendant?

I agreed to a settlement, but unfortunately I don't think I can pay. There are no penalties besides continuing to trial and a clause that says "In the event any litigation arises out of this Agreement, the prevailing party shall be entitled to its reasonable expenses incurred to enforce... Read more »

Shafeek Seddiq
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Shafeek Seddiq
answered on Apr 13, 2020

Contract governs the agreement. So, if you default or breach, go to court and lose, most likely you will pay the additional cost associated with the matter. You should look at the clause(s) where it might say how to get out of it if you cannot pay or show this document to an attorney to help you... Read more »

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3 Answers | Asked in Contracts, Real Estate Law and Landlord - Tenant for Virginia on
Q: Dear Esq: my daughter had to leave her off campus apartment after COVID19 cancelled everything. She and

her three roomates have paid their rent each month but now the apartment is empty (3 roomates also left -entire town is deserted). I have recently read about the 'force majeure'. With all the death going on everywhere and in that town as well, is this such an event? The students are... Read more »

Shafeek Seddiq
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Shafeek Seddiq
answered on Apr 1, 2020

I agree with Mr. Maloof's answer so please take a look at the lease agreement to learn how force majeure is defined. Additionally, see if you can find a language something about laws or extraordinary laws preventing one from performing contract. In this case, it was the Government of Virginia... Read more »

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1 Answer | Asked in Consumer Law, Contracts and Real Estate Law for Virginia on
Q: Visitor My fiance and I have agreed to purchase a home in an unmarried status. My credit score was low so we decided to

Visitor

My fiance and I have agreed to purchase a home in an unmarried status. My credit score was low so we decided to have the loan in his name. The home won't be available until June. How can I secure myself in the event of a breakup? We both put money in on the deposit. If he... Read more »

Shafeek Seddiq
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Shafeek Seddiq
answered on Mar 28, 2020

I assume have have not closed on the house. If so, then part of preparing closing documents is a deed which is basically a title, a document showing ownership to the property. Make sure your name goes on this deed. A lawyer will be drafting this deed to transfer ownership from seller to purchaser.... Read more »

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