Author: administrator
Author: administrator
  • Purchasing Waterfront property on the Tennessee River System

    Purchasing or closing a waterfront lot on the Tennessee River System? Tennessee Valley Authority, (“TVA”), regulations may impact the rights and responsibilities of the closing parties, particularly in the case of boat slips, swim docks and shoreline management. TVA approval must be obtained for any construction activities that affect navigation, flood control or public lands along the shoreline of TVA lakes and the Tennessee River or its tributaries.[1] When purchasing a waterfront lot wit...
    By on Feb 12 · Category Uncategorized · · Continue reading →
  • Studies Suggest That Lipitor Increases the Risk of Diabetes

    The FDA has announced changes to the safety information on the labels of several statins, including Lipitor, to indicate that they may raise levels of blood sugar and could potentially cause memory loss.  The FDA said it was aware of studies in which some patients taking statins may have an increased risk of higher blood sugar levels and of being diagnosed with Type 2 Diabetes.  The agency also said that statin labels will now reflect reports of other certain cognitive effects such as...
    By on Aug 13 · Category Uncategorized · · Continue reading →
  • ARE LOST RELATIVES AN UNTAPPED RESOURCE FOR ADOPTION?

    Many who work in child welfare services would likely say that their toughest challenge is finding an adoptive parent for older children with years in foster care. As the supply of your ‘traditional adoptive parents’ shrinks, a growing shift toward finding relatives to act as caretakers is happening in cities across America. When a child has been living in foster care for many years, you’ll typically find that their biological parents abused or neglected them, and parental rights were term...
    By on Jul 08 · Category Uncategorized · · Continue reading →
  • UNDERSTANDING 1031 EXCHANGES

    Tax professionals seem to rattle off Internal Revenue Code Sections like they’re the ABCs; however, most taxpayers never look further than their 401(k).  Although this is likely in most cases, the term "1031 exchange” is slowly but surely making its way into everyday conversations of Realtors, title companies, investors and even stay-at-home moms. So what is a 1031 exchange? Technically speaking, under Section 1031 of the Internal Revenue Code, the exchange of certain types of...
    By on May 21 · Category Uncategorized · · Continue reading →
  • Stay up-to-date with News You Can Use from Rahmati Law Firm

      In this day and age, it seems everyone is always “on-the-go” and we all live and learn through our mobile devices. These devices have become the primary resource for our daily communication with our friends, family and co-workers. Whether through a phone app, email, or social media, they’re an easy way to get all of the information you need on-the-go, minute by minute, hour by hour. Rahmati Law Firm realizes that your day-to-day lives are very hectic, yet you still want to keep inf...
  • Stay up-to-date with News You Can Use from Rahmati Law Firm

      In this day and age, it seems everyone is always “on-the-go” and we all live and learn through our mobile devices. These devices have become the primary resource for our daily communication with our friends, family and co-workers. Whether through a phone app, email, or social media, they’re an easy way to get all of the information you need on-the-go, minute by minute, hour by hour. Rahmati Law Firm realizes that your day-to-day lives are very hectic, yet you still want to keep inf...
  • Understanding Non-Competition Agreements

    Non-competition agreements (non-compete) are employment contracts used by employers to limit the ability of an employee to work for a competitor.  Their main purpose is to limit the potential for previous employees to steal customers and/or trade secrets and share them with their competitor.  To be enforceable, a non-compete must balance two things: Protection of the employer’s legitimate business interests Offer the employee a fair competitive advantage to work in a field for which...
    By on May 06 · Category Uncategorized · · Continue reading →
  • Do You Know What Your Credit Score Says About You?

    According to an online article by Fox Business, “when it comes to purchasing power, one number reigns supreme: your credit score”. Did you know that most lending institutions use a borrower’s credit report (and score) to help determine their borrowing power for large-ticket items such as a car or home. If that borrower’s credit score does not meet lending guidelines, they may face higher interest rates and/or higher loan fees. To maintain a good credit score it is important for a consum...
    By on Apr 29 · Category Uncategorized · · Continue reading →
  • The Housing Market is on the Move!

    According to experts such as Ara Hovnaian, CEO of Hovnaian Enterprise, now is the time to get moving if you are in the market to purchase a home. In an interview with CNBC’s “Futures Now”, Hovnaian stated that he feels “we're in the first or second inning in what's going to be a significant recovery in the market". Hovnaian notes that homes are still more affordable than they have been in a long time, and mortgage rates continue to hover at historic lows. He also lays out another cata...
    By on Mar 11 · Category Uncategorized · · Continue reading →
  • Could You be Purchasing a Former Meth Lab?

      If you are considering purchasing a home, you should do your homework to ensure that the property was not used as a meth lab. Alabama is a pure caveat emptor state meaning “buyer beware.” To a large degree, there is no duty for the seller to put the buyer on notice that the property was previously used as a meth lab.  Additionally, at present there is no federal law requiring disclosure such as with lead paint.  Do your research before you sign the contract. Don’t think th...
    By on Feb 13 · Category Uncategorized · · Continue reading →

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