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I found out from an email I was sent from an interested buyer. In the beginning (2010) My mom and I agreed that I would at least Get the money I put into it if she sells the house. Can I put a lien on the property to get the money I’m due?
answered on Jul 22, 2019
You need to memorialize your agreement in writing and put the dollar figure you want to be paid in the agreement and how you’re to be paid (at closing, by direct check from settlement). Filing a lien may be unnecessary and costly. Have a lawyer draft the agreement. If your mother won’t sign,... View More
Family law post divorce issue- the property settlement agreement (PSA) was never executed due to many issues one being frustration of the contract and the X refusing to do his share of the agreement making it impossible for wife to do her role so the marital house still sits paid for and not... View More
answered on Jul 12, 2019
Your circumstances may benefit from consulting with a lawyer who focuses on family law. You may wish to sit down with such a lawyer to best understand your situation, including any controlling court orders.
In response to the actual question posted, however, "how can one interpret... View More
I had a garnishment on a bank account and it was only $150.00 in it. I am filing an objection under the above code. If they file another garnishment on a separate bank account can I file another objection or is it a 1 and done objection?
answered on Jul 9, 2019
Yes. You would have only used $150 of the exemption amount on the one account. Your exemption rights are static--they apply at any given snapshot in time to protect that amount of your assets, below which threshold creditors may not attach and seize, and above which they may. Where you have... View More
I had to leave a lease early for medical and the landlord got a judgement for $10,000. they garnished a personal bank account but did not garnish my business account. I am filing an objection to MD code § 11-504 but am not due why they only tried for personal. an I object to the business... View More
answered on Jul 8, 2019
Unless your business is a separate entity--like a corporation or LLC--and is on the written lease as a tenant the landlord cannot go after the business. However, if your business is merely a sole proprietorship (not incorporated) the business might be liable. In either event, do not raise issues... View More
my wife and I left a leased property early and had a $10,000 judgement entered against us. Today we saw her account with $150.00 was garnished.
answered on Jul 6, 2019
Yes. However, all persons in Maryland have statutory exemption rights. Basically, there are various dollar amounts that you can exempt from attachment by judgment creditors. Chief among those exemptions is the $6,000 “wild card” exemption that can be used on any asset you own, including cash in... View More
In 2016 I got scholarship offers and one of which I took came with the condition I would have to work for the school board for two years after graduation or I would have to pay back everything they paid for. I was all onboard but at the time a lot of things was at play and now I cannot pay it back... View More
answered on Jul 4, 2019
Take the loan agreement to a lawyer to review. Being a minor at the time of signing may be a basis to walk away. There may be other ways as well.
answered on Jun 19, 2019
Your question involves at least two areas of commercial law in this state-- interest rates and lender licensing.
Maryland's laws on lending and usury (maximum interest) are a bit complicated. The legal rate of interest in this state is 6%. To charge more, you must fit within an... View More
I signed a lease March 2003 for move in date April 2003 I wrote a letter stating I would not be moving in the appointment was still rented out that April to someone else. 2012 the rental company came after me for payment, then again I’m 2015 now I’m 2019 my check is being garnished for this... View More
answered on Jun 13, 2019
Unless you are omitting salient facts the answer is no. Challenge it.
We are a cabinet manufacturer. We are attempting to be a women owned business that was created last year. We have not sold any work as of yet. We do have equipment we are paying for. The shop is located on my property, and everything is in my name. If I am not able to force them out, can I... View More
answered on Jun 11, 2019
You can withdraw from the company, boot it out of your home, and demand liquidation of the assets, and either pay your co-owner their fair share of the costs they expended on the equipment, or otherwise buy out out the equipment. Meantime, start a new LLC and begin cabinet making under a new... View More
After months of not speaking with me the friend now wants to take me to court for money that is not a loan. Would this action fall under Title 5 Subtitle 9 5-901 Executory Contracts? The amount was 800 however the friend is stating in court that it is $1200. How do I fight this? I offered to pay... View More
answered on May 30, 2019
I'm sorry to hear about your "friend."
Your matter is pretty fact dependent, however generally, a "gift" is a voluntary transfer of property by one to another, without any consideration or compensation provided to the transferor. Thus, a gift is a gratuity.... View More
Going to closing soon .Should I ask for compensation ? As I have to pay to have water and electric turned on .201k loan .I am the purchaser, ower did not cut on utilities Ill have to pay. It is a 201k .and part of my loan I go to closing soon .should I (buyer) ask for compensation.
answered on May 9, 2019
If you signed an addendum agreeing to have utilities on, and did not provide for being reimbursed for cost, you bear the cost. Read the addendum. If it’s your obligation to provide power and water, you either do it or risk breaching the contract and giving the buyer the option of declaring the... View More
One owner requested I do things that, although are non-reportable but are wrong per the IRS, I won't agree so I'm ceasing the relationship with a termination letter. How do I best word it to protect myself?
answered on Apr 23, 2019
Unless you have a written contract with the company (or person) that says otherwise, you do not have to tell them any reason why you feel the need to terminate the relationship. Therefore, IMPO you should keep your letter of resignation as short as possible, making very sure not to say anything... View More
In 1990 the trustee of a church purchased 5.4 acres of land currently valued at close to one million dollars. In 2000 the trustee was removed without his consent. In 2006 a quitclaim was entered by the removed trustee transferring ownership to the new trustee, again without his consent. Was... View More
answered on Mar 30, 2019
The trust instrument generally provides for the grounds and mechanisms of removing a trustee, plus there are statutory provisions that also apply in certain circumstances. Whether removal was done properly would require a review of the trust and circumstances of removal. However, the time to... View More
1. The Principal signed a Marital Separation Agreement incorporated into a Judgment for Absolute Divorce signed by the Principal, Magistrate, and Judge.
2. The Principal failed to cooperate in the execution of these Court Orders against the advice of her former attorney so a Contempt of... View More
answered on Feb 17, 2019
The contempt is against the principal, not the agent, unless the principal is mentally incompetent.
Lease is one year with automatic renewal.
answered on Jan 10, 2019
No, commercial leases do not have any statutory or regulatory provisions governing them. There are judicially developed rules for interpreting contracts, including a general "reasonableness" standard, however. But you should have a lawyer review the lease to be sure there is no rent... View More
The contractor promised to perform repair and renovation services promptly and failed to do so. After completing only the demolition portion of a major project, he declared personal and business bankruptcy. He owes 89 creditors over $1M. DLLR has referred the case to the Office of Administrative... View More
answered on Dec 27, 2018
You really need to talk to a lawyer. Your question is too broad and general to allow an answer in the space available. I assume you have made a claim against the Guaranty Fund. You need to prove your monetary damages using one of the three formulas allowed under the statute and regulations, and... View More
Be prosecuted if it has caused harm to a business.
answered on Dec 7, 2018
The question is unclear. To analyze possible fraud claims you are highly encouraged to seek legal advice from an attorney specific to your situation.
I want to buy a car - 7,500$. It has lien on it -6,500$. Seller says- when I pay him off, he will pay off his bank, will get the original title (now Bank has the ORIGINAL title and the seller has DUPLICATE title) and will give it to me. So, he will take couple of weeks after I pay him off to give... View More
answered on Nov 23, 2018
You get the payoff amount on his loan, and have your bank issue a cashiers check payable to the sellers auto loan company and put the check in an envelope addressed to the lender, and drop it in the mailbox in each other’s presence. Have a second check issued (or cash) to the seller for the rest... View More
On 10/22/18, the prospective buyer of my home in Maryland signed a contract to purchase and I countersigned that contract on 10/23/18 with a closing date of 11/16/18. I simultaneously had a contract to purchase a home in Colorado with a closing date of 11/16/18 however, the contract to purchase... View More
answered on Nov 22, 2018
You might have a basis to forfeit the buyer’s deposit based upon misrepresentation. The buyer beached the implied covenant of good faith dealing.
I have two cars insured under two different auto policies. Both policies are with the same company. I was backing out of my driveway (car #1) and rear-ended the other car (car #2). I own both cars. There was minor damage to the car I was driving (#1) and I am not making a claim on that one.... View More
answered on Nov 8, 2018
The language has to be in the policy. Demand that your insurance agent provide you with the exact provision that precludes your claim. In my experience, however, insured owners generally cannot recover for their own negligence under their policy, with collision coverage being the only insurance... View More
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