Recent News

December 16th, 2021 attorney Bill Kessler and real estate agent Zach McDonald discuss what you need to know about co-ownership of real estate in Washington State. Read More

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

December 9th, 2021 webinar is hosted by David Tingstad and his guest Garth Jacobson, a retired attorney with many years’ experience presenting, organizing, and moderating legal education (CLE) programs on tax law, corporations, LLCs, and more. They discuss the significant changes to the corporate transparency act and your obligation to report ownership. Read More

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

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

November 18, 2021 William O. Kessler discusses the forced sale of real estate by co-owners. Read More

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

November 4th, 2021 Eli Yim discusses representations & warranties in business purchase or sale transactions. Read More

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