virginia – Page 9 – Young Law, PLLC

Right of First Refusal | Ryan C. Young | Virginia Contracts | Richmond Lawyer

May 5, 2011October 10, 2019 Ryan C. Young, Esq.

Right of First Refusal Generally, the Right of First Refusal (“ROFR”) means the right of a person or a company to purchase property before it is made available to others. The general principles in the article relate to both the sale of real property (real estate) and to the sale of businesses. This article will deal specifically with the right... Read More

Virginia Business Owner: How can an attorney help me to collect a debt in Virginia?

April 11, 2011October 10, 2019 Ryan C. Young, Esq.

Law Office of Ryan C. Young, PLLC Office: (703) 896-7667 CONTACT US By: Ryan C. Young, Fairfax, Virginia attorney assisting business owners in Northern Virginia While collection agencies may be able to assist you once you have a judgment, they are typically larger, impersonal companies who you will not hear from on a regular basis. Often times, you are left... Read More

How can survivorship accounts create problems during the administration or probate of an estate? | Ryan C. Young | Richmond, Virginia

April 5, 2011October 10, 2019 Ryan C. Young, Esq.

I always cringe when someone asks me to draft their “simple” will. In my opinion, rarely is there such a thing as a “simple” estate plan. An estate plan should consider all of the assets of the individual and how those assets are held. When an attorney or a layperson tries to cut corners and save money on a proper... Read More

Virginia Real Estate Investments: Protecting your property through an LLC | Ryan C. Young | Richmond, Virginia Attorney

March 24, 2011October 10, 2019 Ryan C. Young, Esq.

Placing your real estate investment into an LLC in Virginia. Let’s face it, we live in an extremely litigious society. The cost of litigation, and/or fulfilling a judgment, can devastate someone who holds real estate investments. It is important to ensure that your investment properties will be safe in the event that you are personally sued. My recommended tactic... Read More

What is the difference between an inter vivos trust (living trust) and a testamentary trust? | Ryan C. Young | Richmond, Virginia Lawyer

March 3, 2011October 10, 2019 Ryan C. Young, Esq.

Inter Vivos Trust (living trust) v. a Testamentary Trust This article is intended to briefly introduce you to the difference between an inter vivos trust and a testamentary trust. There are many different types of trusts and reasons for creating a trust. If you have further questions, please do not hesitate to contact our office to discuss your estate.... Read More

How is a commercial lease different from a residential lease? | Ryan C. Young | Richmond, Virginia Attorney

February 28, 2011October 10, 2019 Ryan C. Young, Esq.

Commercial Leases play by a different set of rules. Whether you are looking for an address for your small business or leasing your property to a small business, it is important to understand that commercial leases are very different from residential leases. The list of various terms discussed in this article is by no means comprehensive, rather, the discussion is... Read More

What happens if a co-owner (co-tenant) of real estate is ousted or excluded from the property?

February 25, 2011October 10, 2019 Ryan C. Young, Esq.

As a general rule, each joint tenant, tenant in common, or coparcener (joint heir) has the right to possess the whole, regardless of the percentage that they own. For the purposes of this article, I will use the term “co-tenants”. Under established Virginia law, one co-tenant may oust the others. When this occurs, the ousted co-tenants may recover the... Read More

Virginia Real Estate: Representations and Warranties of the Seller | Ryan C. Young | Real Estate Law | Richmond, Virginia Attorney

February 8, 2011October 10, 2019 Ryan C. Young, Esq.

Virginia Law: What are the Seller’s legal duties to disclose a defect with real estate? I am often asked whether a seller has a duty to disclose defects with real estate. In many of these instances, the buyer has purchased real estate and later found that there are defects with the property. The buyer is seeking legal counsel because they feel... Read More

Virginia Estate Administration: What should I do after someone dies? | Ryan C. Young | Richmond, Virginia Attorney

January 4, 2011October 10, 2019 Ryan C. Young, Esq.

Take time to mourn your loss. Firstly, if you are reading this article, please let me extend my sympathy for the loss of your loved one. I hope that you are able to take some time to mourn your loss and to reflect on their life. The first days and weeks after someone dies can be extremely burdensome and hectic... Read More

Virginia Real Estate: Do I need an attorney to help with my real estate closing?

December 22, 2010October 10, 2019 Ryan C. Young, Esq.

Every state is different when it comes to settlement agents and the various roles parties play in the settlement of real estate. In Virginia, settlements are usually conducted by a non-attorney settlement agency. However, you certainly have the right to hire an attorney as you enter the closing. Depending on the part of the state you reside in, it may... Read More

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