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Davis, Bingham, Hudson & Buckner, P.C.
324 East Magnolia Avenue
Auburn, AL 36830
Phone: 334.821.1908
Fax: 334.821.6335
Email: info@davislaw78.com
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LLC vs. S Corp: The Advantages and Disadvantages of Each
/0 Comments/in Uncategorized /by Davis Bingham Hudson & BucknerIrrespective of the type of business you run, “making it legal” is an important step. There are distinct advantages to both incorporating your business as an S-Corp as well as forming your company as an LLC. A small amount of money and a few moments of your time can ensure the protection of your personal […]
Legal Options for Alabama Landlords When Tenants Can’t Pay Rent During COVID-19
/0 Comments/in Landlord-Tenant Disputes /by Davis Bingham Hudson & BucknerWith the expiration of the federal CARES Act eviction moratorium, it is no longer applicable to tenants, which means that the landlord must provide the tenant an eviction notice of: A minimum of 30 days The eviction notice must be dated post-July 25th, 2020 The landlord must let the tenant know about the outstanding rent […]
What Are the Requirements for an AL Residential Real Estate Transaction?
/0 Comments/in Real Estate /by Davis, Bingham, Hudson, Buckner, P.C.Purchasing a home is usually the single largest investment in one’s life. Therefore, we tend to safeguard the property and seriously contemplate decisions that potentially affect its value. When buying and selling residential real estate, many homeowners in Alabama choose to work with a realtor and a residential real estate lawyer to help them effectively […]
Disclosure Obligations in an AL Home Sale
/0 Comments/in Uncategorized /by Davis Bingham, Hudson & BucknerIn Alabama, unlike many other states in the country, they have a rule called caveat emptor for the sale of used residential property applies. Caveat emptor means “let the buyer beware” in Latin, which implies that the seller does not have any actual duty to inform the buyer of issues with the property’s physical condition […]
Resolving Business Disputes Created by COVID-19
/0 Comments/in business law /by Davis, Bingham, Hudson & BucknerWe are currently living through a defining time in history with the COVID-19 pandemic. But history does often repeat itself, many times with a new twist, and we should take this opportunity to learn and grow from the difficulties we are experiencing. There has been an unforeseen supply chain disruption due to the shutdown of […]
Is a Short Sale a Good Option for Me?
/0 Comments/in Uncategorized /by Davis, Bingham, Hudson & BucknerWhen it’s the signing day for a new home, no homeowner anticipates that they will ever face a foreclosure. However, an unforeseen number of homeowners undergo the anguishing process of losing their homes due to the depressed economy and real estate market crisis. Foreclosure can be a distressing, prolonged, and unsettling process, and one that […]
How is The Coronavirus Affecting the Real Estate Market?
/0 Comments/in Real Estate /by Davis, Bingham & BucknerThe real estate market across the country is bracing for an unpredictable season following the economic challenges created by the Covid-19 pandemic. Some analysts are of the view that extremely low costs of borrowing may not be enough to attract home buyers until the current climate of economic uncertainty begins to improve. The job […]
What is The Process for Obtaining a Zoning Variance in AL?
/0 Comments/in Real Estate /by Davis, Bingham, Hudson & Buckner, PCIf your business is different from the specified zoning use of a particular area, you may require a zoning variance. In these kinds of cases, a variance will be necessary regardless of whether you want to buy, lease, or build. You may want to, say, run a construction business in an area zoned for retail […]
What is The Difference Between a Revocable and an Irrevocable Trust?
/0 Comments/in estate planning /by Davis, Bingham, Hudson & Beckner, PCA trust refers to an arrangement where an individual, known as a trustee, controls assets for the benefit of one or more beneficiaries. The person who puts the assets in the trust is called the grantor. A trust offers the advantage that it usually avoids probate, or the proceedings to clear the debts of the […]
What to Expect at Your Real Estate Closing in AL?
/0 Comments/in Real Estate /by Davis, Bingham, Hudson & BecknerClosing is the last and final step in a real estate transaction, during which the seller receives the proceeds from the sale and the buyer becomes the legal owner of the property. What to Expect at a Closing If You Are the Seller A day or two before the closing, you should make sure that […]