Tuesday, September 18, 2012

How to Dissolve an HOA

HOA stands for Home Owners Association, however not all home owners will stand for an HOA. If the consensus in your community is to do away with the existing HOA then it would be wise to hire a real estate attorney especially one that specializes in HOA formation and dissolution.

There may be different rules to consider for your case depending on your state, the type of property and the HOA documentation where it states the terms for a dissolution. You and your lawyer need to review these items.

Make sure everyone in the community is on board with the dissolution procedure. Some home owners may be difficult to get a hold of.  When voting, a non-vote is considered a no vote.

Another consideration for all of the home owners is that their deeds may need to be changed if they contain language of any sort pertaining to the existence of an HOA. There is an expense to making a change on a deed and hopefully all the members will still be on board with that.

Lastly, there is the question of common area spaces. Some HOAs provide an area like a park or multi-use building that is shared by the community. The title for that property will need to be transferred to a different entity like a maintenance company or investor who will take over the maintenance duties.

Reasons for an HOA or POA Dissolution

Some development projects stall and create road blocks for new investors when . It depends on the current home owners whether they would like more neighbors to share in the cost of development or go it alone.

When the HOA's power is abused and hurts the community it was suppose to help it may be necessary to disband. However, because of cost and time it could be beneficial to just vote in a better board and try to correct the damage caused be the old board.

Wednesday, May 2, 2012

So You Want to Become a Judge

The economy has often dictated that professionals take a hard look at their current situation. For some, getting a degree would help get a better paying job. Take the case of becoming a Judge.  A judge can make well over $100,000 a year salary.

While you can get a degree in other parts of law like para-legal or business law, a Judge is either appointed or voted in to get in that position. Every state has different requirements, some require a Juris Doctorate (J.D.) and some require that the candidate pass the state’s bar exam.

There are many online colleges that  can help you attain that Juris Doctorate. For example; Concord school of law, Walden University, Kaplan University, Post University, Champlain College and the University of Liverpool.

Wednesday, March 21, 2012

Is Bankruptcy more Common Now?

Well according to some statistic analysis found at Riverside CA Lawyers it appears that over 25 years of data shows this to be a little true. Should we be concerned? Not yet. What this bankruptcy filing graph shows is that in 1986 there were 1.8 out of 1000 people filing. That is less than a fifth of a percent. Looking at the numbers on 2011 show that about 5 of every 1000 were filing. Still less than a percent.
It is still increasing. Both population and the number of bankruptcy petitions are steadily raising. That is to be expected, however, this data shows that Bankruptcy is getting more common.

So what would happen if bankruptcy filing rates raise to one percent of the population? How would this effect the economy? Or is it systemic to a weak economy?

Wednesday, February 29, 2012

Easily Find Bankruptcy Attorneys in Riverside

Bankruptcy is scary and nobody wants to do it. However, if you are at the end of your rope and need to start over, then this may be the best option for you. Chapter 7 works great for those who have no assets like houses, cars and boats etc. If you need to keep an asset then you may have to consider a chapter 11 or 13 which means that you will be structuring a payment plan.

A friend of mine in Riverside California was down on his luck and needed the advice of a bankruptcy attorney. Fortunately there was a website that was perfect for him to begin his search. He could search by zip code and even by neighborhood to find an lawyer near him. The site is structured only for Riverside residents and you can narrow your search by area of practice.

Well, my friend found an attorney just down the street from where he lived in the neighborhood of La Sierra and now he is on his way to recovery.

If you live in Riverside California you might try to find an attorney at Riverside CA Lawyers.