Bankruptcy FAQ’s
Your guy at the legal corner is becoming increasingly concerned about a fundamental lack of understanding, at all levels, including real estate agents and affiliates, regarding the effect of bankruptcies on the sale of real estate.
Is this really a big deal?
VREB ( Virginia Real Estate Board ) and VPAR ( Va Peninsula Association of Realtors) will be the least of your concerns: not only might you forfeit your
commission, you can go to JAIL if you help a seller in bankruptcy sell real estate outside of the
bankruptcy court’s approval. The bankruptcy court takes this very seriously.
How do I know my seller is in bankruptcy?
Click here it find out the answer and read the rest of the article
Lytle Law is a general practice law firm located in Newport News, Virginia. From two office locations on the Virginia Peninsula we serve clients and try cases across the Commonwealth including the Peninsula, Newport News, Hampton, Williamsburg, James City and York County areas. Lytle Law has the experience and ability to satisfy nearly all of a client’s legal needs, and where we believe we need help we will either associate appropriate counsel or provide a referral. www.LytleLaw.com
Brian Lytle is the president of Lytle Title www.LytleTitle.com Lytle Title & Escrow, LLC a Virginia licensed, insured, and bonded real estate settlement company doing business as Lytle Title. With offices in Newport News and WIlliamsburg, Virginia, we primarily serve the Virginia Peninsula (Hampton, Newport News, York County,Poquoson, James City County and Williamsburg), but we also regularly serve surrounding areas, to include New Kent, West Point, Suffolk, Isle of Wight, Gloucester and the greater Tidewater and Hampton Roads areas of Virginia.
Brian D. Lytle, Esq., Lytle Law, P.C. http://www.lytlelaw.com Reprinted with permission of the author. This article was originally published in the Realtor Update , a publication of the Virginia Peninsula Association of Realtors ®
The law may have changed since this article was written and published so caution is advised.
I have posted this article as a local REALTOR living and working in the Williamsburg Va area. I would be happy to assist you in buying or selling a home there. Click this link to search all real estate ,homes, condos town homes ,new and resale currently for sale in New Town/ James City County Williamsburg VA
contact: John Womeldorf/ REALTOR
Liz Moore & Associates
757 254 8136
John@MrWilliamsburg.com email
www.MrWilliamsburg.com/ website
www.MrBurg.com website
www.MrHamptonroads.com/ website
www.MrTidewater.com/ website
www.MrVaBeach.com/ website
My other area Real Estate and Information Blogs for Hampton Roads/ Tidewater/ Williamsburg Virignia and surrounding areas
Williamsburg Real Estate Blog II
Williamsburg Happenings/ Events Blog
Filed under: Legal issues, Real Estate Attorney, Real Estate Attorney, Real Estate information, Title Companies, York County Real Estate Attorney | Tagged: newport news real estate law, real estate attorney, williamsburg real estate law |
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