Recent News

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

Partition Actions: Addressing Disputes Between Tenants in Common

Washington State Business Law and Litigation Lawyer Babak Shamsi | 10/18/2021
In Washington State, unmarried individuals who purchase real property together typically do so as tenants in common, as this provides significant flexibility for each co-owner.  For example, tenants in common can independently pass their respective ownership interests to their heirs after death and can sell their individual ownership interests in the real property to third parties. … Read More

Buying a House with Friends in Washington State

Washington State Business & Real Estate Lawyer William O. Kessler | 10/14/2021
Are you trying to buy your first home? Do you peruse prices on Redfin with incredulity – then weep softly? Are you unwilling to commute from a shack on the outskirts of North Bend? Like many in your shoes, you might consider buying a home with friends. Residential co-ownership among friends is becoming an increasingly-common… Read More

Forfeiture of Interest in Action

Washington State Business and Real Estate Lawyer David C. Tingstad | 10/13/2021
Last week, we discussed capital contribution in the context of Moses Land Grow LLC v. Brickstone Holdings LLC. This week, as promised, we will discuss the Brickstone remedy for a failure to contribute capital. Brickstone Continued As you will recall, Fladseth and Moses Land Grow LLC (MLG) agreed to form Brickstone Holdings LLC (BH) to purchase and… Read More

Does Your Property Have An Easement On It? How To Find Out

Washington State Litigation and Real Estate Law Lawyer Andrew M. McKenzie | 10/1/2021
I have often seen people make the mistake of assuming that one can easily determine the existence of an easement by simply searching the public records for a document called “easement.”  Owners, prospective owners, real estate brokers, and even attorneys are not immune from making that mistake.  This blog post will help you consider the… Read More

Capital Contributions and the Case of Brickstone Holdings, LLC

Washington State Business and Real Estate Lawyer David C. Tingstad and Drew J. Tingstad | 9/29/2021
Last week, we discussed different possible remedies for a failure to contribute capital. This week, let us consider a recent Washington Court of Appeals case, Moses Land Grow LLC v. Brickstone Holdings LLC, that helps to clarify the definition of a capital contribution. Moses Land Grow LLC v. Brickstone Holdings LLC In March of 2017,… Read More