Home »
Real Estate Transaction Issues
With Law Offices in Media, PA and Mt. Lauren, NJ
Are you purchasing property to be used for business? Learn the possible real estate transaction issues that could occur in this video, then give us a call!Do you need legal help?
Experienced Lawyers in Media, PA
Professionalism is the Word
I highly Recommend Gibson & Perkins. I have used their services for approximately 6 years now and been through a few cases together with very positive outcomes. Personally, I have used Paul Fellman and Walter Timby on those occasions. Both, as a team & separately these Attorneys were wonderful to work with and easily accessible to reach if I had any questions. Professionalism is the word that comes to mind to describe the firm, as a whole. Always completely prepared for any surprises that may pop up during a trial. They were well versed on all pertinent info pertaining to each case. As I client, I always felt I was an integral part of the team, not an after-thought, that had to be brought up to speed a half hour before the trial started. I could not recommend this firm and Mr. Fellman and Mr. Timby any higher.Very Satisfied
I hired Paul Fellman after speeking to several different lawyers from different law firms because he was the most sincere. Paul did an excellent job on my landlord tenant issue I had on my rental property. He was there for me from the beginning to the end of the whole ordeal. I was very satisfied and I highly recommend him and his firm.
Are you purchasing property to be used for business? Learn the possible real estate transaction issues that could occur in this video, then give us a call!
Question:
What problems could I face after making a real estate transaction in Delaware County?
Answer:
One thing we see quite frequently with buyers in the context of a real estate transaction is that they often take title in their personal names and then look later to transfer the property into an entity that gives them liability protection such as a corporation or limited liability company. In Pennsylvania this is a mistake. The transfer of title from the individual to the corporation or limited liability company, even though they own the company 100%, will trigger a real estate transfer tax. That can be very expensive. One thing as the buyer – understand the issue of limiting your liability and take title originally in a corporation or limited liability company format so you can avoid any additional real estate transfer tax later on.
Are you or a loved one buying or selling property and have questions about possible real estate transaction issues that may occur? Contact our experienced Media, PA Real Estate Attorneys for a free consultation.
Like us on Facebook
Our experienced Media Real Estate Lawyers offer customized legal solutions for a variety of litigation issues, from transactional work to complex matters.
Related Real Estate Videos
Client Reviews
“I highly Recommend Gibson & Perkins. I have used their services for approximately 6 years now and been through a few cases together with very positive outcomes.”
– Maria Twining
Read More Reviews