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Ohio Real Estate Law Question, County = Cuyahoga. We are in

Ohio Real Estate Law Question, County = Cuyahoga.We are in the process of attempting a Refinance on Residential Property. As part of the Underwriting Process, the Bank is asking for additional information. The Bank wants to see $200k in Investments outside of the Residence and the Equity there.We own, via an LLC, a Commercial Property which the Bank will accept in lieu of other monies/investments towards this refinancing goal. The property has no mortgage and is owned free-n-clear in that respect. Estimated value: $700k. The Bank needs evidence of Title to that property for Underwriting.Upon initial online County Level Property Searches, we don't recall any title work since the Property was purchased initially, before the building was constructed, other than the transfer related to the purchase of the property. During this initial search, we noticed a "mechanics lien" from 2003 which was place on the Property but the Property's Name wasn't used, just the contact for the property, which is one of us. (the Property was Quit Claimed to the LLC shortly after the purchase)My Question is this: Is this "mechanics lien" valid? Upon further searching on the County Common Pleas Court website, there are no filings of this "lien" or evidence of suit. And, if the lien would be considered Invalid, how would we have it removed so that it does not impact our Refinancing efforts.Thank you.

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

50,130 satisfied customers
What is a "certificate of title?" West. It's a commercial

what is a "certificate of title?"JA: Where is the property located?Customer: West Virginia. It's a commercial property my husband and I currently lease. We asked about purchasing the property, and they mentioned a certificate of title, or VCT title.JA: Has any paperwork been filed?Customer: NoJA: Anything else you want the lawyer to know before I connect you?Customer: NO Oops. Sorry No. Didn't mean to yell.

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Loren

Juris Doctor

40,198 satisfied customers
I have a two acre commercial property in escrow on which I

I have a two acre commercial property in escrow on which I plan too build a mini storage project. I have recently determined a commercial neighbor, 30 years ago, ran his sewer line down the middle of my property to connect to the main sewer line. There is no record of an easement on file with the city or county, but I have learned he may have an "easement by prescription" on the property. I don't want to build over his sewer line nor do I want to pay to have it moved. What are my rights?JA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: CaliforniaJA: Has any paperwork been filed?Customer: noJA: Anything else you want the lawyer to know before I connect you?Customer: no

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

50,130 satisfied customers
Tacoma wa. I looked at a commercial office space today

Tacoma wa. I looked at a commercial office space today advertising wired for laundry and full shower good for spa. $1200 a month. Was told my 1 gallon pedicures would use too much water and running a school may damage floors . Price for unit $1500 month plus $5000 damage and first and last months rent . Is that legal?JA: Because laws vary from place to place, can you tell me what state the property is in?Customer: Tacoma, wa.98409 commercial propertyJA: Has any paperwork been filed?Customer: NoJA: Anything else you want the lawyer to know before I connect you?Customer: No

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

50,130 satisfied customers
Are you a real estate attorney? So do I ask you the question

are you a real estate attorney?JA: No. I'm the Real Estate Lawyer's Assistant.Customer: So do I ask you the question and then you ask the lawyer?JA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: michiganJA: Has any paperwork been filed?Customer: My question is this, I have been advised by my CPA that forming an LLC for my company in either Wyoming or Delaware is a smart thing to do. What I'm wondering is what, if any, are the reasons that it is not a good idea to form an LLC outside of the state you live inJA: Anything else you want the lawyer to know before I connect you?Customer: no

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Loren

Juris Doctor

40,198 satisfied customers
I am in a unusual situation. My realtor had an interested

I am in a unusual situation. My realtor had an interested party for my commercial property. I found out that these potential buyers were involved in quite a few illegal activities. When I mentioned this to my realtor he said he knew about but I should not worry.Make a long story short, this interested group of people are now in jail and charged with international investment fraud. This deal with me was going on for over 5 years with all kind of excuses.My question to you is. How far is a realtor responsible to represent my interest. Was my realtor simply irresponsible or do I have a case for legal action. Thanks, Silvia

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

50,130 satisfied customers
I am trying to find out what my commercial property is worth

Hi. I am trying to find out what my commercial property is worth if a developer wants to buy it.JA: Where is the property located?Customer: In florida.JA: Has any paperwork been filed?Customer: No.JA: Anything else you want the lawyer to know before I connect you?Customer: I have a developer who is doing a project. They do want the property. I have an agreement to not say who they are.

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KJL LAW

Juris Doctorate

1,742 satisfied customers
I am in a commercial lease and have been in a dispute with

I am in a commercial lease and have been in a dispute with the landlord regarding owed back rent. First a pay or quit notice was taped to my door that was not actually filed ,this was months back and now the front gate lock has been changed.I offered to pack up and leave but says I will have to pay $1000 for a half hour access to my property to pack and move. What can I do? Cut the lock and get out? This is a self help eviction attempt and feel verging on harassment and this seems downright extortion...Do you have advice?JA: Because real estate law varies from place to place, can you tell me what state this is in?Customer: CaJA: Has any paperwork been filed?Customer: No only for showJA: Anything else you want the lawyer to know before I connect you?Customer: No

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

50,130 satisfied customers
Building a log home,it's taken 15 months and still not

Building a log home,it's taken 15 months and still not finished, probably another4 to 6 months. Have had 2 excavators walk off job first one helped himself to a lot of oak trees and buried stumps in driveway,2 no one scared us for 5000.00 cash and disappeared he said he needed it for dirt and stone.our contractor did nothing he said it would cost to much to sue. We have already spent a extra 53000.00 And that's not all.JA: Because laws vary from place to place, can you tell me what state this is in?Customer: TenneesseJA: Has any paperwork been filed?Customer: What paper work do you mean have a contract with contracterJA: Anything else you want the lawyer to know before I connect you?Customer: Yes contracter has 6000.00 of our money that he never paid the 1st excaveter. his father turned the business over to him and he is very young 23 thinks he knows everything

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INFOLAWYER

Attorney

Juris Doctor.

39,146 satisfied customers
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