Typically held in escrow, earnest money is a buyer’s deposit showing good faith in a home purchase. Usually, earnest money is refundable if the buyer used good faith and the contract includes common contingencies, including appraisal, inspection, and financing contingencies.
READ MORESolar panels offer two benefits that appeal to many homeowners: saving money on taxes and energy bills while reducing their carbon footprint. The solar panel indus ...
READ MOREA Pet Trust ensures that your pets are cared for no matter what happens.
READ MOREA Georgia LLC combines the benefits of partnerships and corporations while also offering limited liability, operational flexibility, and pass-through taxation. An LLC is relatively easy to form, requiring Articles of Organization to be filed with the Secretary of State followed by annual registration.
READ MOREWe are pleased to announce that Thrift McLemore has been nominated for the Daily Report's Best of 2022! The Daily Report was developed to help lawyers identify the ...
READ MOREAs Atlanta housing real estate values continue to increase, understanding important legal terms and concepts becomes even more important. Legal title to property refers to absolute ownership of the property, including the right to use the property as you wish, while a deed is the legal instrument used to convey that legal right.
READ MOREDigital assets, including photos, NFTs, and online accounts, should be carefully incorporated into your estate plan to avoid hurdles to access imposed by federal laws such as the Computer Fraud and Abuse Act (CFAA) and the Stored Communications Act (SCA). Understanding Georgia’s Revised Uniform Fiduciary Access to Digital Assets Act (RUFDAA) is crucial.
READ MOREThe Netflix documentary about Bob Ross spotlights the importance of working with an experienced estate planning attorney when creating or updating your estate plan.
READ MOREIn Georgia, maintenance responsibilities in homeowner’s and condominium associations may be governed by the Georgia Property Owners’ Association Act and the Georgia Condominium Act as well as on the terms of the community’s governing documents. Determining liability for repairs is typically fact-specific, requiring a review of the applicable laws and documents.
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