WHO: Real Estate Agents and Brokers
WHAT: Please wear comfortable work-out clothing. Pants covering the knees are recommended.
WHERE: LINXX Academy of Martial Arts
WHEN: Wednesday, May 20th, 9:30am to noon
HOW: Register here or contact Brett Thompson at Brett@TLGVA.com
Whether it be buying or selling your home, or refinancing your mortgage, real estate closing transactions entail many legally significant issues, involving, among other things, buyers, sellers, real estate agents, title insurance companies, lenders, appraisers, surveyors, home inspectors and termite companies. More often than not, the interests of the various parties involved in a real estate closing transaction are not in line, which can lead to conflicts and even litigation. This is why you should have an attorney for a real estate closing.
Please be aware that under Virginia Law, title companies, also known as lay settlement companies, may only provide services of a clerical or ministerial nature. Title companies may not express any opinion as to the legal consequences of any of the documents its customers may sign at closing. Only an attorney may prepare legal instruments for another party and only an attorney can advise parties to a real estate closing transaction with regard to the legal implications of the wide array of documents presented at closing, such as the deed, promissory note, and deed of trust.
The attorneys at Thompson Law Group have conducted thousands of real estate closings since 2001, representing individual and corporate buyers and sellers, as well as individuals and companies refinancing debt. Our attorneys’ real estate knowledge and practice is not just transactional. They litigate matters regarding real estate, including, but not limited to, breach of contract suits, partition suites, landlord and tenant disputes, clouds on title matters, boundary line disputes, mechanic’s lien suits, and judgment creditor suits to enforce judgment liens. I also act as trustee in regards to foreclosures on behalf of note holders.
In any event, we encourage you to consult with an attorney before entering into a real estate transactions because curing legal problems regarding real estate matters is much more costly that avoiding them.
Finally, please don’t assume that attorney closings are more expensive than title company closings. Feel free to contact Thompson Law Group for a free quote and comparison.
How to Evict a Tenant in a Residential Lease
It is an unfortunate situation when a landlord must try to evict a tenant. Typically, there has been an ongoing relationship, which has fallen apart. It is very easy to become upset particularly when the tenant is or has damaged the property or they are not paying rent. There are several reasons why a Landlord may evict a tenant. The most common reasons for a landlord to evict a tenant is because the tenant has not paid rent, in some cases for several months. As the landlord you must comply with all statutory requirements and any requirements of the lease.
Types of Leases
A major factor when you attempt to evict a tenant is the type of lease agreement. In Virginia, there are two types of Residential Leases, Chapter 13 leases, also known as “Common Law” Leases, and Virginia Residential Landlord Tenant Act (VRLTA) leases. Chapter 13 leases are provide for more flexibility between the landlord and tenant when creating procedures for default. VRLTA leases provide more structure in the process when a tenant is in default.
Procedure to Evict a Tenant Under VRLTA
DEFAULT – First, the tenant must be in default. Default occurs when the Tenant is not complying with the lease. Default can occur from the tenant not paying rent, monetary default, or the tenant is breaking a provision of the lease, including: too many residents staying on the premises, not properly caring for the premises, illegal activity, etc.
NOTICE FOR NONPAYMENT – Second, you must provide the tenant with notice of default. If the tenant is in default because of a failure to pay rent, then you must provide the Tenant with a 5-Day pay or quit notice. Once the tenant receives this notice they have 5 days to pay all rent owed including penalties or they lose their right to possess the property.
NOTICE FOR LEASE VIOLATION – If the tenant has failed to comply with a provision of the lease other than nonpayment of rent then the Landlord must provide the tenant with a 21/30 Notice. Once the tenant receives notice, they have 21 days to remedy the default. If they do not remedy within 21 days they will lose their right to possession after 30 days from notice.
UNLAWFUL DETAINER – If the tenant refuses to vacate after being provided with notice of default and refuses to remedy the default then the Landlord must file an Unlawful Detainer in the jurisdiction in which the premises is located.
Regardless of the circumstances of the default, a Landlord is not allowed to forcibly evict a tenant. This includes creating a situation, which would force the tenant to vacate, for example turning of electricity, water, heat, etc.
If you need to evict a tenant for default Contact Our Office for a consultation.
Bond Hearings- What You Need to Know
What do the magistrate’s bond classifications mean?
Upon arrest and during the booking process, the magistrate at the local jail will classify a person’s bond status into one of three possible classifications: hold/no bond, personal recognizance or “PR” bond, or surety bond.
If a person’s bond status is “PR” then then the jail will release him once he has been through the booking process. However, if the person is believed to be under the influence, he will not be released until it has been determined that he is sober.
If a person has been granted a bond with surety, then someone must post money, usually through a bondsman, to gain his release.
If the magistrate declines to grant a bond, then the accused will remain incarcerated until his hearing date or a bond hearing is docketed by his attorney and a Judge grants a bond. An attorney can typically have a bond hearing docketed within 48 hours.
What is a “surety” bond?
If you have a bond amount but cannot meet the full cash requirement to post the bond, a third party, typically a bondsman, will charge you a fee, usually 10% of the total bond owed. In exchange for the fee you pay him, he will post the full amount with the court on your behalf.
For example, if the magistrate or a Judge grants you a $5,000 bond with surety, typically you will pay a bondsman $500 (10%) as a fee for his posting the full amount with the court. As a surety, the bondsman pledges to the court that you will appear on your court date or he will forfeit the entire amount of the bond to the court. Once the bondsman is paid his fee he can execute the necessary paperwork to gain a person’s release.
Why do I need an attorney at this stage if I can simply pay a bondsman?
As in any trade or profession, not all bondsman are equal. Experienced criminal law attorneys can connect you with a bondsman who has an excellent reputation for honesty, integrity, and responsiveness. If a bondsman is contacted by an attorney and the family, then it is likely that you will get a faster response which may mean a quicker release for your loved one.
What if the surety bond is too high or the magistrate has set no bond?
Contact an attorney immediately. The Magistrate’s bond classification is merely the first determination of bond status. If no bond was granted by the magistrate your attorney can docket a bond hearing with the court to argue to a Judge that a bond would be appropriate. If the magistrate granted a bond but you cannot afford to post it your attorney can argue for a reduction to a bond amount you can afford.
The sooner you contact an attorney the more quickly your loved one may be released. Do not wait- contact an experienced criminal law attorney as soon as possible. Each hour that passes could be an hour your loved one did not have to spend behind bars.
A Limited Liability Company is an excellent corporate form often used to protect personal assets
1. Why Incorporate?
Incorporating a business provides a business owner with many advantages. A Limited Liability Compnay is an excellent corporate form often used to protect personal assets. Using the corporate form to protect personal assets is commonly known as the “corporate veil.” It is an important tool individuals can use to protect personal assets from the attack of business related creditors and other possible plaintiffs. There are many different types of business entities, including, but not limited to, C-corporations, S-corporations, limited liability companies(LLC), professional corporations, and professional limited liability companies.
2. What is the first step?
Thompson Law Group, PLLC encourage business owners to consult with an attorney and their accountant before choosing to transact business through a particular corporate entity to ensure the entity is tailored to fit that particular business’ needs to minimize personal liability exposure and maximize tax benefits.
3. Experience Matters
The attorneys at Thompson Law Group, PLLC have been representing small business owners since 2001. Thompson Law Group, PLLC provides various legal services throughout the life span of a business. We service clients from the creation of their corporate entities through the growth and eventual sale of their business. Our services include:
- Business Licensing
- Commercial lease negotiations
- Operating Agreements and Buy/Sell Agreements
- Asset Purchase Agreements
- Business Sales and Settlements
- Stock Purchase Agreements
- 501c3 non-profit organizations
- Corporate Registered Agent
- Franchisee Representation
- Business Litigation
- Business Dissolution
Feel free to contact Thompson Law Group, PLLC to discuss your business goals to determine which business entity is right for you.
Like us on Facebook
Check out our video: Corporate Law
What You Should do When Charged With Reckless Driving
The Commonwealth of Virginia considers the offense of reckless driving, a Class 1 Misdemeanor, to be very serious. A Class 1 Misdemeanor conviction can result in a penalty of up to one year of jail and up to a $2,500.00 fine. It is not an offense to be taken lightly. Therefore, it is imperative that you retain an attorney to represent your interests.
The most common ways an officer will attempt to establish your speed is by testifying to his pacing procedure or the use of radar. An experienced traffic attorney can make technical legal arguments regarding an officer’s pacing procedure as well as the legitimacy of the radar equipment used. In addition, if a person is found guilty, an experienced attorney can make effective arguments which will serve as a basis for a Judge to reduce the offense to a lesser charge. A reduction would result in much lower insurance rates which could potentially result in significant savings on auto insurance premiums.
1. When pulled over, be cooperative, polite and compliant.
Do not argue with the officer. Your cooperation is perhaps the most effective argument an attorney can make when requesting a reduction. Arguments are for the courtroom- arguing with an officer on the side of the road will hurt your credibility in court.
2. Have your speedometer calibrated.
Do this as soon as possible after you have been charged with Reckless Driving. The longer you wait, the less credibility your argument will have that the speedometer was defective on the date of the alleged offense.
3. If you were cited for any other offenses, take care of those issues as soon as possible.
Often times the officer will cite a driver for additional offenses that only carry fines, such as tinted windows, expired inspection, or expired tags. Take care of these issues as soon as possible and keep receipts and documentation to present to the court. This will demonstrate to the court that you respect the laws of the Commonwealth and will increase your credibility.
4. Enroll in an approved Driver Improvement School.
Many of these schools can be found online and do not require actual physical attendance. For a minimal fee you can complete a course and print out a Certificate of Completion to present to the Judge on your court date. This will show the Judge that you are taking the offense seriously and thus increases the likelihood it may be reduced.
5. Retain an attorney.
Even the most well composed people may get flustered in a court room situation. Hire someone who can articulately make legal arguments as well as arguments for a reduction should that be necessary. In addition, your attorney may speak with the officer in advance of your case being called to garner valuable information or simply explain to the officer why the offense should be reduced with the goal of persuading him or her to communicate to the Judge that they are not opposed to a reduction of the charge.
Like us on Facebook: Thompson Law Group VA