Tag: LegalEase

Earlier this month, the Ohio Supreme Court decided that a person who openly and nonchalantly stole a leaf blower from a garage was not guilty of the crime of burglary, because the thief did not enter the garage by “force, stealth, or deception,” as required in the Ohio Revised Code.

In the context of real estate, a common word that is mentioned is “closing”. Closing is technically the literal place and time where the sale and purchase of real estate is finalized with the seller getting money and the buyer getting the deed to the property, often along with possession of the property. Business transactions where money and property, including businesses, are exchanged are also called “closings”, but most people experience closings in the context of real estate.

The law includes a lot of requirements — usually legally called “duties” — regarding all kinds of things. Often, those duties are requirements that the law makes some people provide to or for the benefit of other people.

Avoiding fraud before and after purchasing property is more important than ever, especially in light of the increasingly sophisticated cyber threats that continue to evolve.

Some people are paid by the hour, day or week. Other people are paid by the “job”.

Last week, Ohio adopted a new law that precludes almost all operators of moving vehicles from using or holding electronic devices like phones, tablets and GPS devices.

This column follows up on a previous column that mentioned the possibility of unlimited FDIC coverage for a bank depositor even if that depositor uses only one bank.

Although every business is different, banks are businesses like other businesses. Some businesses buy and sell cars, and other businesses sell services. Banks can be thought of as buying and selling the use of money.

There are two big pitfalls of which buyers and sellers of real estate should be especially aware.

Trusts are most easily thought of as being sets of rules. Thus, I may have a trust, which is a set of rules, that I can name whatever I want.