Choice of Entity For Real Estate Ownership in Massachusetts
by William V. Hovey published his regular column in Massachusetts Lawyer’s Weekly: Choosing the Best Real Estate Holding Entity. He discussed the entities in this order: …
Tag: Entities
Charities Using Limited Liability Companies to Hold Real Estate
Charities should not use a limited liability company to hold real estate in Massachusetts. Robert E. Cowden wrote an article about this in the November/December …
Corporations Should Not Own Real Estate in Massachusetts
When a corporation sells real estate in Massachusetts there is the always the concern of whether there will be a three year, inchoate lien on …
Exceptions to Limited Liability
Last week I noted the story and decision of City of Springfield Code Enforcement v. Concerned Citizens for Springfield, Inc., et al. in which Housing …
Turning a Debt into A Personal Guaranty
In the case of Orix Financial Services, Inc. v. Leclair (S.D.N.Y. Feb 26, 2007) the court found that under Rhode Island law, an individual who …