Blog
Tenant Experiences Explosive Consequences for Failure to Notify Landlord of Property Defect
North Carolina landlord-tenant law may seem daunting at first, but the attorneys of Jordan Price are prepared to assist our clients in navigating all kinds of tricky landlord-tenant situations. I would like to discuss certain aspects of a case in which the failure of the tenant to take timely action with respect to a dangerous defect in a leased property resulted in devastating consequences for...
Corporate Transparency Act as it applies to Homeowners Associations and Management Companies
In our February blog, we explored the various nuances of the Corporate Transparency Act (the “CTA”) as it applies to businesses or entities formed prior to 2024 and during 2024; however, there are more nuances to the CTA regarding Homeowners Associations. Further, the CTA has since been challenged in federal court in Alabama, which resulted in an interesting ruling from the bench. The First...
Buyer Beware…of Your Future Listing Agent
The questionable practices of a Florida-based company and its North Carolina subsidiary, who hold themselves out as real estate brokerage firms, have garnered significant attention over the past year due to the “Homeowner Benefit Agreement” program which various MV Realty entities have marketed to North Carolina homeowners since August 2020. In fact, in March 2023, the State of North Carolina...
Who’s the Boss? Companies Required to Report Beneficial Ownership Information in the New Year
A new year brings new federal reporting requirements! Effective January 1, 2024, entities across the United States will be required to report information about their beneficial owners pursuant to the Corporate Transparency Act. The Corporate Transparency Act (“CTA”) was passed in 2021, creating a federal reporting requirement for businesses throughout the United States to disclose beneficial...