The Problem with Real Estate Transactions and Powers of Attorney

Real Estate Transactions and Powers of Attorney

I do not know why, but we have seen, and experienced, an unusual uptick in the use of Powers of Attorney by people buying and selling real estate. I do not know if it is a coincidental increase in the frequency and will pass as an anomaly, or whether the public is expecting that real estate transactions will be held remotely, through a Power of Attorney, as opposed to the “old model” of everyone showing up at the settlement table. Powers of Attorney are, of course, appropriate when either the Seller (most likely) or the Buyer (less likely) are incapable of attending closing by reason of living out of state/out of the country, traveling or incapacitated by a medical condition. Unfortunately, we are seeing more and more instances of Powers of Attorney being used by people who just plain do not want to be bothered with attending closing. This creates a problem.

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Do I Need to Wait One-Year Before I Can be Officially Divorced?

Divorce Waiting Period in PA

Divorce Waiting Period in PA

I recently spoke to a client on the phone about his divorce, and he asked me “Do I really need to wait one-year before I can be officially divorced?” I hesitated before giving him an answer that lawyers are notoriously known for: It depends.  Pennsylvania is a no-fault state which means neither spouse needs to prove “fault” or marital misconduct on the part of the other.  To obtain a divorce, a spouse must merely assert incompatibility or irreconcilable differences, meaning the marriage has irretrievably broken down.  However, grounds for a no-fault divorce must still be established.

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OWM Blog – How to Prepare for a Divorce Consultation

You’ve scheduled a consultation with a divorce attorney. Now what? For many clients, it’s their first time meeting with a family law attorney – maybe any attorney for that matter– and they have no idea what to expect. This article will help to prepare you for that initial meeting. …

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What You Need to Know About Commercial Real Estate Leases

Commercial Real Estate Leases

Commercial real estate leases are a typical business expense, and many are quite complicated. Often leases are recycled by landlords, but are the basic terms of the lease correctly stated? Is there a letter of intent or term sheet? If so, the lease, as drafted, should conform.

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