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John Arthur Leklem Lawyer

John Arthur Leklem

VERIFIED
Condominiums, Real Estate, Business, Lawsuit & Dispute

John A. Leklem proudly serves Orlando, FL and the neighboring communities in the areas of condominiums, real estate, business, lawsuit & dispute law.

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800-769-4410

D. Jefferson  Davis Lawyer

D. Jefferson Davis

VERIFIED
Real Estate, Condominiums, Foreclosure, Residential Real Estate, Contract

D Jefferson Davis has practiced law in Central Florida since 2008, primarily in the areas of Real Property, Corporate and Civil law with an emphasis i... (more)

Gregory Warren Stoner Lawyer

Gregory Warren Stoner

VERIFIED
Eminent Domain, Commercial Real Estate, Residential Real Estate, Landlord-Tenant, Litigation

Attorney Greg Stoner of the Property Rights Law Firm, P.A. has decades of experience helping people with property and business related issues, like: (... (more)

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G. Mark Thompson

Products Liability, Premises Liability, Personal Injury, Insurance
Status:  In Good Standing           

Gregory K. Lawrence

Banking & Finance, Commercial Real Estate, Lending, Real Estate
Status:  In Good Standing           

Elias N. Chotas

Administrative Law, Banking & Finance, Corporate, Commercial Real Estate
Status:  In Good Standing           

Stephen J. Bozarth

Banking & Finance, Commercial Leasing, Commercial Real Estate, Conveyancing
Status:  In Good Standing           

Vicki L. Berman

Banking & Finance, Corporate, Business Organization, Commercial Leasing
Status:  In Good Standing           

Stanley A. Gravenmier

Banking & Finance, Commercial Real Estate, Lending, Real Estate
Status:  In Good Standing           

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LEGAL TERMS

INDEPENDENT CONTRACTOR

A legal category of worker defined by the Internal Revenue Service. The key to the definition is that, unlike employees, independent contractors retain control ... (more...)
A legal category of worker defined by the Internal Revenue Service. The key to the definition is that, unlike employees, independent contractors retain control over how the work they are hired to do gets done; the person or company paying the independent contractor controls only the outcome--the product or service.

TENANCY IN COMMON

A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owner... (more...)
A way two or more people can own property together. Each can leave his or her interest upon death to beneficiaries of his choosing instead of to the other owners, as is required with joint tenancy. In some states, two people are presumed to own property as tenants in common unless they've agreed otherwise in writing.

SERVIENT TENEMENT

Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would ... (more...)
Property that is subject to use by another for a specific purpose. For example, a beachfront house that has a public walkway to the beach on its premises would be a servient tenement.

FORECLOSURE

The forced sale of real estate to pay off a loan on which the owner of the property has defaulted.

ASSIGNEE

A person to whom a property right is transferred. For example, an assignee may take over a lease from a tenant who wants to permanently move out before the leas... (more...)
A person to whom a property right is transferred. For example, an assignee may take over a lease from a tenant who wants to permanently move out before the lease expires. The assignee takes control of the property and assumes all the legal rights and responsibilities of the tenant, including payment of rent. However, the original tenant remains legally responsible if the assignee fails to pay the rent.

BASIS

For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the pr... (more...)
For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the property, 'adjusted' to reflect improvements made or damage incurred while you own the property. See stepped-up basis, carryover basis.

QUITCLAIM DEED

A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transfer... (more...)
A deed that transfers whatever ownership interest the transferor has in a particular property. The deed does not guarantee anything about what is being transferred, however. For example, a divorcing husband may quitclaim his interest in certain real estate to his ex-wife, officially giving up any legal interest in the property. Compare grant deed.

DIVIDEND

A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash,... (more...)
A portion of profits distributed by a corporation to its shareholders based on the type of stock and number of shares owned. Dividends are usually paid in cash, though they may also be paid in the form of additional shares of stock or other property. The amount of a dividend is established by the corporation's board of directors; however, state laws often restrict a corporation's ability to declare dividends by requiring a minimum level of profits or assets before the dividend can be approved.

INVITEE

A business guest, or someone who enters property held open to members of the public, such as a visitor to a museum. Property owners must protect invitees from d... (more...)
A business guest, or someone who enters property held open to members of the public, such as a visitor to a museum. Property owners must protect invitees from dangers on the property. In an example of the perversion of legalese, social guests that you invite into your home are called 'licensees.'