Types of Investment Fraud
Fraudsters use different tactics to scam investors. While most of these approaches are old, new fraudulent schemes keep emerging, especially on the internet. Investors must be vigilant and conduct due diligence before transferring money or assets to any promoter, regardless of their relationship. This guide discusses the seven common types of investment fraud and tips on protecting your interests.
Continue ReadingHow to Catch Investment Fraud
Investment fraud has grown popular over the years, threatening trust and confidence in the financial market. It causes financial and emotional losses to individuals and business owners, some of whom never recover fully. Fortunately, there are ways to catch investment fraud early, which we discuss in this article. If you have been defrauded, you may seek legal remedy in court, depending on the facts of the case.
Continue ReadingGuide to Investing in Private Companies
Private company investments offer investors opportunities to diversify their portfolios and play a vital role in the success of businesses. However, it’s crucial to understand what private company investment entails and how the investments can be structured. In this guide, you’ll learn what private companies are, including the types of private companies available in Massachusetts.
Continue ReadingDefending Your Castle- Peter Calabrese in Forbes & Fortune
Deep industry experience makes Calabrese Law Associates Boston’s premier real estate and construction law firm.
Whether a condominium or a single-family private residence, your home is your castle. Guarding Bostonians’ property rights is Calabrese Law Associates.
Continue ReadingGuide for Insuring Your Condominium From Natural Disasters
Condo owners associations (COAs) and unit owners wish to enjoy their properties without interruptions, but sometimes uncontrollable events happen. Natural disasters such as floods, earthquakes, and hurricanes often result in significant financial losses, especially when the property is uninsured or underinsured. Condo associations and unit owners need to understand their options and what actions to take when properties are damaged.
Continue ReadingCommon Security Issues Within Condominiums
Condominium residents expect privacy and to be able to protect themselves and their properties from unlawful interference. However, they sometimes face security issues like vehicle theft, break-ins, loitering, and vandalism. Safety is essential to residents and condo owners associations (COAs) — that’s why the law provides legal remedies for affected persons.
Continue ReadingConsiderations for Shutting Down a Business
You may encounter emotional, financial, and legal hurdles when closing a business, which is challenging for most people. Understanding why companies shut down, the implications, and the processes can help you prepare adequately. Additionally, you do not have to do it alone. An experienced business dissolution attorney can support and guide you from beginning to end.
Continue ReadingWhat Are the 4 Types of Real Estate Ownership?
Real estate can be owned by one person or entity or by multiple people or entities. Additionally, owners can divide ownership or control over property in different ways. The various ways to title real estate affect how the property is treated if the owner passes away.
Continue ReadingHow to Handle Tenants Who Misuse Amenities
Do property owners and Condominium Owners Associations (COAs) have any claim against tenants who damage or prevent others from enjoying their properties? If yes, what are those rights and remedies, and what steps can you take to protect your interests?
Continue ReadingHow Does Pre-Foreclosure Work?
Real estate property owners in Massachusetts sometimes rely on lenders to finance property purchases. Others also use existing landed properties as security when applying for loans. In both instances, the borrower signs an agreement allowing the lender to sell the property if the borrower defaults, or fails to make necessary payments on time. Yet, the lender must follow specific steps before taking the mortgaged property from the borrower, a process referred to as “foreclosure.” One such step is called “pre-foreclosure.”
Continue ReadingCan You Renovate a Condo?
Are you wondering if you can renovate your condo without legal challenges? Do you need help with condo renovation disputes? If the answer to either of these questions is “yes,” we’re here to help. Condo laws can be complex, with many exceptions and nuances. While it’s recommended to consult a trusted condo attorney for help, this article will address some concerns condo owners in Massachusetts have about renovations and remodeling.
Continue ReadingCan You Sue a Contractor for Unpermitted Work?
Home improvement contractors play a vital role in ensuring compliance with building codes in Massachusetts, which includes pulling permits for required projects. As a result, a homeowner may institute civil action if hired contractors fail to obtain the necessary authorization from the local building department. The cause of action or claim that a plaintiff may bring depends on the facts of the case and may include breach of contract, negligence, or fraud.
Continue ReadingWho is Responsible for Windows in a Condo?
A condominium is a type of property managed by a condominium owners association (COA). The general principle of a condominium is that the condominium owner handles the “exclusive elements,” while the association manages the “common elements.”
Continue ReadingCan a Condo Association Deny a Service Dog?
If you live in a condominium and have a disability, you may be interested in owning a service animal, such as a dog, to facilitate and support your well-being. At the same time, you might be curious whether your condominium owners association (COA) can deny your service animal.
Continue ReadingHow To Deal With an Illegal Pet Violation | MA Condos
Condominium owners associations (COAs) declarations typically contain pet restrictions you must review carefully before acquiring the property. These rules are legally enforceable but must comply with federal and state laws.
Continue ReadingIs the Condo Association Responsible for Sewer Backup Damage?
The condo building sewer backup responsibility may be shared between the HOA and the individual unit owners. Strangers may also be liable if they cause damage intentionally or negligently.
Continue ReadingMassachusetts Condo Smoking Laws
What do you do when your neighbor smokes in the condo? Can condo associations prohibit smoking on the property? What sort of restrictions can homeowners associations (HOAs) impose on smokers? Condo unit owners, landowners, property managers, and HOAs are typically closely connected by governmental regulations and contractual stipulations. These laws regulate their relationship, allowing an aggrieved party to seek legal action against a party who breaches the law. It is, therefore, vital to carefully review all smoking policies to enable you to enforce them without challenges.
Continue ReadingHow Do You Find Out if There Is an Easement on Your Property?
An easement is a legal right to use another person’s property. In other words, property easement rights allow another person to use or enter your land without possessing it. The individual or land that benefits from the easement is known as the “dominant tenement” or the “dominant estate.” The land that is burdened by the easement is known as the “servient tenement” or the “servient estate.”
Continue ReadingIs It Legal to Charge Different HOA Fees to Residents?
When you bought your Massachusetts or Greater Boston Area residence, its homeowners’ association (HOA) may have been a primary deciding factor. HOAs help residents access amenities, maintain property values, and divide financial responsibility for common areas.
Continue ReadingWhat is a Commercial Property Management Company?
Commercial real estate property management companies can represent valuable business partners for your investment portfolio. These professionals handle the operations of income-generating nonresidential properties, such as retail storefronts, warehouses, and office buildings.
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