Real Estate

June 2019 Corporate

Current Scottsdale client desired to enter into new business and wanted to separate any liability associated with the new business from other businesses, including a real estate holding company.  DeAngelis Legal advised the client on choice of entity and created a new entity for the business.  In addition, DeAngelis Legal completed the funding of the [...]

By |2019-07-17T16:53:51-07:00July 15th, 2019|Real Estate, Recent Projects, Business Services, Protecting Family Wealth|Comments Off on June 2019 Corporate

April 2019 Real Estate

Current Phoenix client held interest in commercial real estate in an LLC with a third party.  Third party desired to dissolve the entity and distribute property to separate entities to preserve future tax flexibility upon sale of property.  DeAngelis Legal reviewed and negotiated proposed Dissolution Agreement and Tenants in Common Agreement drafted by the third [...]

By |2019-07-17T16:40:41-07:00May 15th, 2019|Real Estate, Recent Projects, Homepage|Comments Off on April 2019 Real Estate

March 2019 Tenants In Common Agreement

Represented Scottsdale property manager with the preparation of a Tenants In Common agreement with his sister.  Brother and sister desired to jointly acquire and own Scottsdale real estate.  Rather than holding title to the property in a jointly owned entity, the parties desired to hold title separately as tenants in common to preserve income tax [...]

By |2019-04-23T14:10:29-07:00April 15th, 2019|Real Estate, Recent Projects, Homepage|Comments Off on March 2019 Tenants In Common Agreement

February 2019 Corporate Transfers

Represented recently divorced Scottsdale client transfer corporate structure.  DeAngelis Legal previously represented client with respect to his estate plan and corporate structure.  Upon the client’s divorce, he was required to terminate the trust and remove the divorced spouse’s name from the corporate structure.  DeAngelis Legal prepared and filed the necessary documents transferring the structure.

By |2019-04-23T14:07:50-07:00March 15th, 2019|Real Estate, Recent Projects, Business Services|Comments Off on February 2019 Corporate Transfers

October 2018 Real Estate

Represented two separate clients with the purchase of residential real estate. In each case DeAngelis legal assisted with the review of the purchase contract, title commitment and exceptions, including the CC&Rs, and the closing documents.

By |2018-11-18T15:06:00-07:00November 15th, 2018|Real Estate, Recent Projects|Comments Off on October 2018 Real Estate

Choice of Entity – Types and Uses of Legal Entities

Choice of Entity The Tax Cuts and Jobs Act signed in December of 2017 reduced the income tax rate on corporations and pass through entities.  The Act, coupled with an increase in business activity in Arizona, has created a lot of questions about the appropriate choice of entity, i.e., what is the best type of [...]

By |2018-10-23T14:01:36-07:00October 22nd, 2018|Real Estate, Past Newsletters, Entity Formation, Business Services, Protecting Family Wealth|Comments Off on Choice of Entity – Types and Uses of Legal Entities

May, 2017 Real Estate and Estate Planning

Real Estate and Estate Planning.  Assisted trust beneficiary with a co-tenancy agreement with the sister for a family vacation home.  DeAngelis Legal successfully drafted, negotiated and implemented the agreement which addressed the use, financial obligations, transfer restrictions, valuation and arbitration of issues related to the joint ownership of the property.

By |2018-08-11T16:46:38-07:00June 15th, 2017|Real Estate, Entity Formation, Recent Projects, Business Services, Homepage|Comments Off on May, 2017 Real Estate and Estate Planning

April, 2017 Real Estate.

Real Estate.  Assisted client with the sale of a retail shopping center.  DeAngelis legal advised the seller with respect to the terms of the purchase and sale agreement, the negotiations of changes with the buyer's counsel, the ancillary closing documents and disbursement of the proceeds.

By |2018-08-11T16:48:09-07:00May 15th, 2017|Real Estate, Recent Projects|Comments Off on April, 2017 Real Estate.

March, 2017 Real Estate

Real Estate.  Reviewed and negotiated purchase and sale documents for retail shopping center. Client engaged DeAngelis Legal to review buyer's proposed real estate purchase agreement, advise seller as to issues and suggest changes to minimize future liability.  DeAngelis Legal's edits were incorporated into the agreement without objection from buyer or its counsel.

By |2018-08-11T16:49:00-07:00April 15th, 2017|Real Estate, Recent Projects|Comments Off on March, 2017 Real Estate

January, 2017 Real Estate.

Real Estate.  Reviewed and revised simple residential real estate purchase agreement.  Client inherited son's personal residence and desired to sell it "as is" and without warranty.  Buyer prepared standard Arizona Association of Realtors standard contract, which contained the standard representations and warranties as if client had owned and lived in the residence.  DeAngelis Legal revised [...]

By |2018-08-11T16:37:52-07:00February 15th, 2017|Real Estate, Recent Projects|Comments Off on January, 2017 Real Estate.