10 Key Terms for Your Lease; How to Avoid Unilateral Mistake with Real Estate Transfers; and Eligibility for Church's for the Employee Retention Credit
Legal Update
Unilateral Mistake: How to Avoid Issues with Gifts of Real Property
By: Anne M. Courchaine, Esq.
There’s a reason why most people hire REALTORS® or attorneys, or both, to assist with transfers of real property – so many things can go wrong. Most transactions involve an arms-length transaction between a buyer and a seller, both represented by a REALTOR®. However, one type of real property transfer often does not come under this umbrella: giving away real property as a gift, whether through a will, trust, or outright gift while the giver is still alive, also known as an inter vivos transfer.

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10 Key Terms for Your Lease
By: Christopher J. Charles, Esq.

If you are new to leasing investment property to tenants, you need to be sure that your rental agreement covers all the bases so you can protect your investment properly. Here are 10 terms you will definitely need to include in your rental agreement: (1) Names of all adult tenants and parties to agreement, (2) tenancy and termination terms, (3) rent amount, (4) subleasing and occupancy limits, (4) security deposits, etc.
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Are Arizona Churches Eligible for the Employee Retention Credit (ERC)?
By: Erik W. Stanley, Esq.

Under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), companies or organizations that were shut down or suffered a 50% reduction in revenue due to a COVID-19-related federal, state, or local government order are eligible for a refundable payroll tax credit of up to $5,000 per employee. This includes monies spent to maintain group health plan coverage. Organizations that receive a Paycheck Protection Program (PPP) loan or Economic Injury Disaster Loan (EIDL) are ineligible for the ERC.

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PROVIDENT LAW®
PRACTICE AREAS
REAL ESTATE
BUSINESS LAW
FAMILY LAW
REAL ESTATE DISPUTES
COMMERCIAL LITIGATION
ESTATE AND TRUST PLANNING
BANKRUPTCY | CREDITOR’S RIGHTS
COLLECTIONS
GUARDIANSHIP | CONSERVATOR
ADRE AND ADMINISTRATIVE LAW
CHURCH AND NONPROFIT
PROBATE & TRUST
CHURCH MINISTRY PRACTICES
RELIGIOUS LIBERTIES
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