Recent News

Should I Buy A House With My Friend In Washington State?

Washington State Business and Real Estate Law Lawyer William O. Kessler | 1/2/2016
Real estate prices are continuing to climb in Seattle and many other parts of Washington. As a result, we are seeing buyers increasingly partner with friends and extended family to buy property together. Some are buying investment property, and some are even sharing a residence with their friends / co-buyers. Such arrangements can be very… Read More

Snohomish County Real Estate Development Strong In 2015

Washington State Business and Real Estate Lawyer David C. Tingstad | 4/28/2015
Snohomish County Washington, located north of Seattle and south of Skagit county, features more than 2,000 square miles of dense forest, mountain wilderness, bountiful farmland, beautiful beaches and, of course, impressive urban development. In the last few years, the abundance of Snohomish County real estate growth has filled a variety of areas in the county with… Read More

Short Sales, Foreclosures, Deeds In Lieu And Modifications In Washington State

Washington State Business and Real Estate Law Lawyer William O. Kessler | 3/20/2015
Even in today’s hot real estate market, many people are still in limbo with a mortgage in arrears and an upside down house. Coming off the disastrous burst of the housing bubble, many people have not paid their mortgages in many months or even several years. They all have one question: What do I do… Read More

Plaintiffs In Washington State May Pursue Tort Lawsuits More Easily, Even When There Is A Contract

Washington State Litigation, Business and Real Estate Law Lawyer William O. Kessler | 1/27/2014
In the 2010 case Eastwood, the Washington Supreme Court set forth the Independent Duty Doctrine (the “IDD”).  Under the IDD, when two parties had a contract together, one could only sue the other for a “tort” (such as negligence or fraud) if the tort claim “traces back to the breach of a tort duty arising independently… Read More

Capital Gains Tax Rates For Investors For 2014 And The Net Investment Income Tax

Washington State Business Law Lawyer David C. Tingstad | 1/21/2014
Short-term investment gains (that is gains for investments you held for less than a year) are taxed at your ordinary income tax rates. Long-term gains (that is gains on investments you have owned for longer than a year) are taxed depending on your overall income tax bracket. If your overall income falls within the 10%… Read More

Damages in a Non-judicial Foreclosure of a Deed of Trust in Washington State

The Lawyers at Beresford Booth | 9/2/2013
In Washington state, non-judicial foreclosures of deeds of trust are governed by statute, RCW Chapter 61.24.  The non-judicial foreclosure process involves a public trustee’s sale after giving notice to various interested parties.  The effect of the trustee’s sale is to deprive the grantor of the deed of trust and anyone claiming under them of all… Read More

Why An Attorney Should Draft Your Partnership Agreement, LLC Agreement Or Operating Agreement

Washington State Business and Real Estate Law Lawyer William O. Kessler | 6/11/2013
Most people know they should have a contract with their business partners.  But too often, they try to perform the legal drafting themselves, or they use a form inapplicable to their specific partnership.  Usually, such contracts do more harm than good.  Most small businesses form as LLCs in Washington, and rightfully so.  By far the… Read More

How To Have A Deed Of Trust Removed From A Title In Washington State

the Lawyers at Beresford Booth | 6/1/2013
You borrow money to buy or refinance your home.  Your lender takes a deed of trust on your home as collateral.  Some time goes by and you pay off the loan or refinance it with a new lender who also takes a deed of trust on your home as collateral.  More time goes by and… Read More