Celebrating 15 Years of Success and Community: A Look Back and Exciting Future Ahead
Recording a Lis Pendens in Washington, What Could Go Wrong?
On occasion we will receive a client call, demanding that we hastily record a lis pendens on real property. The request for a quick recording is usually because the client is owed money from the property owner and, unless a lis pendens is recorded, the property will soon be sold without payment of the debt. The client or potential client, has heard the term “lis pendens” and has a general idea what it means, and they are not far off. Yet, being “not far off” can result in an expensive award against the wrongfully recording party.
Considering Providing Seller Financing – Do Your Due Diligence!
As a seller of a commercial or residential property, there are many things to consider as you go through the sales process and review of offers on the property. In some cases, those offers could contain proposals from buyers that are asking for seller financing – i.e. for the seller to convey title but carry a portion of the purchase price after the sale.
Protecting Homebuyers and Sellers from Earnest Money Disputes
The last thing a homebuyer wants is to emotionally commit to purchasing a home and then lose it. Similarly, no seller wants to select a buyer, only to see the home sale fall apart. Everybody made plans. Suddenly, both parties have to start over. When the sale falls through, both buyer and seller can feel an emotional attachment to the initial earnest money deposit. That’s when earnest money disputes arise.
Sales fall through for unexpected reasons. Sometimes it’s an unforseen life event, cold feet or a sudden change in finances. Earnest money disputes seek to determine whether the buyer or the seller deserves to retain the original monetary deposit. If you’re a potential buyer or seller, it’s a good idea to understand a few concepts about earnest money to help reduce the possibility of a bitter trip to the courtroom.
Scammer E-mail and Fraudulent Checks
Have you ever received a “Legal Inquiry” email from an individual with a non-typical name? If so, you should take a few moments and conduct some due diligence—there is a chance you are walking into a fraudulent scam that will cost you and your firm money.
The Changing Future of Non-Compete Agreements in Washington
In Washington, many employers use non-compete agreements to protect their businesses. While Washington courts have always imposed limits on their validity, they are frequently enforced by the courts. In Olympia, there are two bills currently under consideration that would impose further restrictions on the use of non-competes in Washington.
Seattle's Paid Sick and Safety Time Requirements
Starting on September 1, 2012, employees of businesses operating in Seattle began accruing paid sick and paid safe time (PSST), defined as the “same hourly wage that the employee would have earned during the time PSST was taken.” The new requirements apply to employers with more than four (4) full-time equivalent employees and cover all full and part-time employees, as well as temporary and occasional employees who work more than 240 hours in a calendar year.