Contractors, Lawsuits, and Incarceration – Lessons from Local and National Headlines.

Contractor Sentenced Today to Imprisonment Today the Department of Justice reported  that Roderic J. Smith, a subcontractor for the federal government, was sentenced to 48 months in prison for bribing a public official. See the press release here. According to the press release: Smith was the co-founder and president of a contracting company located inContinue reading “Contractors, Lawsuits, and Incarceration – Lessons from Local and National Headlines.”

Real Estate Brokers and Salespersons: New Law Will Ease CE Preapproval and Reporting Requirements Effective January 1, 2015

2015 will be less burdensome on Real Estate Brokers and Agents from a Continual Education reporting standpoint. Real Estate Rama Reports the  significant changes that will affect RE Brokers and Agents. Beginning January 1, 2015, continuing education courses will no longer require preapproval by LARA and schools will not be required to report the hours asContinue reading “Real Estate Brokers and Salespersons: New Law Will Ease CE Preapproval and Reporting Requirements Effective January 1, 2015”

RE Professionals take heed: Fed Govt’s Billion Dollar Settlement with Sun Trust Related to Mortgage Loan Abuse

  The Department of Justice issued a press release today regarding a billion dollar settlement it reached with Sun Trust, you can see that press release here.   This, and other settlements entered into as a result of DOJ litigation against financial giants should, at a minimum, serve as a good reminder of why real estateContinue reading “RE Professionals take heed: Fed Govt’s Billion Dollar Settlement with Sun Trust Related to Mortgage Loan Abuse”

Business Owners: Understand the Legal Role of your Board of Directors/Managers.

  Even in small businesses, understanding who is responsible for making business decisions in an organization is an important piece of an effective business. Sometimes the distinction between roles/powers can be blurred. Corporations: The board, not the owners, make the decisions. In corporations, there is a distinction between ownership (shareholders) and management (directors). Under theContinue reading “Business Owners: Understand the Legal Role of your Board of Directors/Managers.”