VIRGINIA BEACH, VA. Feb. 1. 2023 /PRNewswire/ — Lindsay M. Barton promoted to Partner at Hanger Law, becoming the first female attorney promoted to Partner. Hanger Law is proud to announce the promotion of Lindsay M. Barton to partner. Ms. Barton has been a valuable member of the firm for over 3 years and has demonstrated exceptional legal skills, client service, and commitment …
It is always our goal to get to the closing table as seamlessly as possible; however, there are some things that can go on in the background that may be overlooked but that are very important to the process.
PICRA stands for Property Inspection Contingency Removal Addendum and it is something that comes up in a lot of Residential Real Estate deals.
Private Mortgage Insurance (PMI) protects lenders against borrower’s potential default (if you stop making payments on your loan). PMI is usually applied when your down payment is less than 20%.
Since the introduction of Bitcoin in 2009, cryptocurrencies have exploded in popularity. In late 2020, many new users entered the crypto market as fears of U.S. dollar inflation grew. The result has been a massive increase in cryptoasset values, leading to some significant estate planning implications. Basic Background on Cryptocurrency Whereas, historically, all currency has had some physical, tangible aspect, …
Beginning next year, small business owners will have new federal reporting requirements to comply with. The Corporate Transparency Act will require disclosure of substantial ownership and control interests by individuals in their corporation, LLC, or similar state-registered entity. The window for ublic comment on reporting regulations to be promulgated by the Treasury Department recently closed. The timeline for businesses to …
On July 1, 2020, the General Assembly enacted an amendment to the Virginia Fair Housing Law (“VFHL”) (Va. Code §§ 36-96.1 et seq.) to include source of funds as a protected class. The Virginia Real Estate Board division of the Department of Professional and Occupational Regulation (“DPOR”), charged with carrying out the VFHL has recently added some clarification to the …
To protect possibly the most important investment you’ll ever make – the investment in your home. With a title insurance policy, you as owner, have an indemnity contract that will reimburse you for loss in the event someone asserts a claim against your property that is covered by the policy. How can there be a title defect if the title …
Hanger Law is excited to announce that Newport News Managing Attorney, Mark Stevenson, has been selected as the CEO of Hanger Law. Mr. Stevenson has served as an attorney with Hanger Law since nearly the beginning of the firm. A Virginia Beach native, Stevenson was tasked to start Hanger Law’s Newport News branch, which now serves over 500 clients each …
A lot of attention is given to the seller side of a short sale transaction, and rightfully so. The bulk of the complexities involved in a short sale take place on the listing side. The correspondence with the lender in order to obtain approval is the driving force of the transaction. But, selling agents and buyers should be equipped prior …