Recent News

Buy-Sell Triggers and Valuation – Estate of Collins v. Tabs Motors

Washington State Business and Real Estate Lawyer David C. Tingstad and Drew J. Tingstad | 1/5/2022
Buy-sell provisions are a significant portion of owner agreements for any closely held business. In the past, we have discussed the Shotgun Buy-Sell Agreement, the “I cut, you choose” method of deadlocked dispute resolution.  Today, we tackle different triggering and valuation mechanisms showcased in a case out of New York, Estate of Connie Collins v.… Read More

Beresford Booth Announces New Partner Andrew M. McKenzie

The Lawyers at Beresford Booth | 1/4/2022
EDMONDS, WA, (January 4, 2022) – Edmonds-based full-service law firm Beresford Booth announced today that it promoted Andrew M. McKenzie, a seasoned real estate and commercial litigator, to partner in the firm. “We are proud to have Andrew as a partner,” said David C. Tingstad, the firm’s Managing Partner. “Andrew is an integral member of the… Read More

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

Beresford Booth Volunteers at Homage for Thanksgiving Holiday 2021

BeresfordBooth | 12/9/2021
Beresford Booth was pleased to volunteer to help our friends at Homage for the Thanksgiving holiday. Sixteen members of the Beresford team participated in the packaging of 600 meals, one meal for Thanksgiving and one additional meal for the following day, serving approximately 300 individuals. For more information about the wonderful work Homage does to… 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