William Bronchick is a nationally-known attorney, author, and speaker.He has authored several real estate and business books. https://bronchicklaw.com/
Sad to say, the fact that one is ignorant of the law does not a sufficient defense in a court of law make. Ignorance is no protection against punishment. An adult is presumed to know all the laws. This presumption is knowingly and clearly false. So why is it made in…
The “due on sale clause” is probably the most talked about, feared and misunderstood topic in real estate. This article will dispel any misunderstandings you may have about the due on sale clause and suggest…
You will likely come across dozens of properties in foreclosure with little or no equity, that is, the seller owes at close to or more than the property is worth. In these situations, lenders are sometimes willing to accept less than the full amount due…
I want to ask you two questions. One, do you have a Will? And two, do you have written goals for the next one, three, five and ten years? If you answered yes to the first question but no to the second, you are planning more for your death than you are while…
Lease/Options can be fun and profitable, but there are certain pitfalls. The following are some practical, legal and tax tips William Bronchick have learned from doing many lease/options deals over the years.