One important area that is often overlooked in drafting an Operating Agreement is the inclusion of an escape door. Serena Sayani discusses the importance of an exit strategy in your operating agreement and the mechanics of the buy/sell.
Stokes Lawrence attorneys continue to monitor the evolving legal implications of the pandemic.
On April 16, 2020, Governor Jay Inslee issued Amendatory Proclamation No. 20-19.1, which served to extend and amend the existing moratorium on evictions in Washington state. Charissa Johnston outlines what is included in the amendment.
Erin Howshar explains that the IRS has extended the deadlines for a 1031 Exchange.
Recent orders from the City of Seattle and Governor Inslee are resulting in numerous negotiations between landlords and tenants regarding rent relief. Erin Howshar summarizes the regulations.