Sewell Law Blog
Does Your LLC Need a Partnership Representative?
Beginning January 1, 2018, LLCs taxed as a partnership must designate a partnership representative, which must
Read MoreA Real Estate Agent’s Commission is Earned When an Enforceable Sale Agreement is Signed
On October 17, 2017, the Missouri Court of Appeals for the Western District, in Whirlwind Properties, LLC v. John John, affirmed that a real estate…
Read MoreLease/Purchase Option Can be a Win for Both Parties
If negotiated fairly, a lease/purchase option can be a win for both parties. The option contract portion of the lease allows the renter to secure…
Read MoreWhat to Consider When Appointing a Registered Agent
Every LLC doing business in Missouri is required by law
Read MoreMissouri Breach of Contract Law
Missouri breach of contract claims are governed by Missouri common law, by Article II of Missouri’s Uniform
Read MoreSelling As-Is Real Estate in Missouri
Owners selling as-is real estate in Missouri must disclose to prospective buyers all material information about the real estate that
Read MoreLandlord Was Not Responsible for Maintaining Smoke Detectors
A recent Missouri appeals court opinion found that a landlord was not responsible for maintaining smoke detectors. The case involved
Read MoreHow to Get Around the Due on Sale Clause
The due on sale clause is found in most Missouri mortgages. It is also called an acceleration clause. A Missouri mortgage
Read MoreBeware of FIRPTA When Buying Real Estate from a Foreign Seller
FIRPTA, the Foreign Investment in Real Property Transfer Act, is part of the U.S. tax code. It requires buyers of real estate to
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