Can a Ghost Affect Your Real Estate Closing?

In a New York real estate court case, a buyer was allowed to rescind a contract because the seller, despite publicly promoting the home as haunted, failed to disclose the home’s ghostly residents to the buyer. Although this case was unique, buyers and sellers need to understand the duty to disclose in a real estate deal.

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What You Need to Know About Georgia General Partnerships

In Georgia, a general partnership automatically forms when two or more people co-own a business for profit, offering simplicity, pass-through taxation, and flexibility. Risks of operating as general partners include unlimited personal liability and potential complications in transferring ownership. A partnership agreement can help clarify roles and responsibilities if you choose to form a general partnership.

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