Recent News

License Agreements For Use Of Real Property: An Alternative To Easements

Washington State Real Estate Law Lawyer Andrew M. McKenzie | 1/3/2022
There are many possible interests in real estate.  “Fee simple” is the most easily understood, which means ownership of the land itself.  Easements are the right to use land owned by someone else for specified purposes.  Generally, easements are perpetual and run with the land, meaning that they go on indefinitely and transfer to new… Read More

What the Corporate Transparency Act Means for Your Business

Washington State Business and Real Estate Lawyer David C. Tingstad and Drew J. Tingstad | 12/20/2021
The Corporate Transparency Act (CTA), passed on January 1st, 2021, becomes effective in 2022 and aims to fight money laundering and other illicit activity. In this week’s blog post, we will outline the CTA and discuss how businesses can comply with its requirements. The Basics Essentially, the CTA requires reporting companies to disclose beneficial ownership… Read More

Reserve Studies and Community Associations

Washington State Business & Real Estate Law and Litigation Lawyer Babak Shamsi | 12/8/2021
What is a reserve study?  Community associations, such as condominium associations, homeowners associations, and cooperatives, often have budget planning studies conducted to identify the current financial shape of their reserve fund, a fund meant to ensure the association remains in good repair without the need to impose sudden special assessments, or to seek funding from… Read More

Due Diligence In Residential Real Estate Transactions

Washington State Real Estate Law Lawyer Andrew M. McKenzie | 12/1/2021
Many non-lawyers have heard the term “due diligence” in the context of real estate, but the term can feel confusing or legalistic.  Due diligence refers to the investigation, research, and analysis which buyers are expected to perform prior to closing on a transaction, to satisfy themselves that the asset they are purchasing will meet their… Read More

Revisiting Bishop of Victoria Corp. v. Corporate Business Park

Washington State Business and Real Estate Lawyer David C. Tingstad | 11/10/2021
Published in 2007, Bishop of Victoria v. Corporate Business Park became a seminal case in the state of Washington with respect to LLCs and fiduciary duties.  Times have changed, however, and the law has developed since 2007. Over the next few weeks, we will discuss some of these developments and how current law applies today… Read More