Issues in Nevada Deed in Lieu of Foreclosure Transactions

One of the more common forms of real property transactions that the real estate lawyers at Albright, Stoddard, Warnick & Albright are regularly engaged to handle are so-called “deed in lieu of foreclosure” transactions or, for shorthand, “deed in lieu” transactions. In a deed in lieu transaction, a lender receives a deed to property from […]

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Nevada Commercial Lease Transactions: Status of Trade Fixtures

Our firm is regularly called upon to answer questions by clients about the status of fixtures in Nevada commercial leases. A chattel is a trade fixture if it is devoted to a trade purpose, regardless of its form or size. A trade fixture is an item that the tenant annexes to the realty to enable […]

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Nevada Corporate and LLC Law and Business Planning

Unfortunately, when many business owners come to our firm to seek advice about problems they are having with their business partners, we quickly learn that because of limited funds, and an even more limited desire to tie up legal issues before starting business together, many very basic issues of proper business legal planning have never […]

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Nevada Construction Defect Law Litigation Primer

THIS NEVADA CONSTRUCTION DEFECT LAW LITIGATION PRIMER WAS POSTED IN THREE (3) PARTS BETWEEN AUGUST 9, 2012 AND AUGUST 16, 2012 PART 1 OF 3, POSTED THURSDAY, AUGUST 9, 2012 OVERVIEW Over the past several years, the proliferation of construction defect litigation has created an increasingly growing problem which appears to some to be burgeoning […]

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Nevada Attorney Disciplinary Proceedings, Grievances And Complaints

Our law firm is defending more and more attorneys from Southern Nevada against grievances filed with the State Bar of Nevada and formal complaints filed by the State Bar. It would be helpful for attorneys and their defense teams facing a complaint from the State Bar to know and consider the following factors: The witnesses, […]

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Changes To Nevada Law Regarding Foreclosures And Deficiencies

ASSIGNMENTS Nevada Revised Statutes 106.210 through 205.395, set forth the revisions to those Nevada statutes which were effected via AB 284. Lenders need to be aware of the first sentence found in NRS 106.210, which now includes the following requirement: “If the beneficial interest under a deed of trust has been assigned, the trustee under […]

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Estate Planning: Does Your Will Accomplish What You Want It To?

On February 16, 2012, recorded in 128 Nev. Advance Opinon 4, the Nevada Supreme Court rendered a landmark decision affecting all persons who make out wills, subject to Nevada law, in which they make provisions excluding persons from receiving their estate upon their death. The decedent in the case was a recluse who had little […]

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Nevada Water Rights Transfer – Use A Nevada Water Lawyer

Whether it is authentic or not, the quote attributed to Mark Twain that “whiskey is for drinking, but water is for fighting over” could not be more true in our experience dealing with western water law issues – particularly in parched Southwest states like Nevada and Utah where water users’ land value – particularly in […]

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Planning For Business Disputes For A Nevada LLC Or Corporations

One of the most common forms of dispute we deal with as Nevada business litigators is the so-called business divorce or break-up of a small business where the partners are no longer able to get along and run the business (usually a Nevada limited liability company or Nevada corporation) together. These situations lead to costly […]

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