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Join us as we have a guest speaker this week on Keys to The Market Podcast! Jason Davis, attorney and owner of Davis Firm, PLLC in Little Rock, Arkansas joins us to go over some important topics that we see often in the real estate industry! 

We dive deep into real estate law and litigation, the ins and outs of evictions, business and estate planning, plus we touch on the Corporate Transparency Act. 

 

A few show notes from Jason: 

Abandoned Property Statute:

18-16-108. Property left on premises after termination of lease.

(a) Upon the voluntary or involuntary termination of any lease agreement, all property left in and about the premises by the lessee shall be considered abandoned and may be disposed of by the lessor as the lessor shall see fit without recourse by the lessee.

(b) All property placed on the premises by the tenant or lessee is subject to a lien in favor of the lessor for the payment of all sums agreed to be paid by the lessee.

Jason advises including notice of this statute to the tenant upon eviction/termination.

Here are some points on the Corporate Transparency Act and Beneficial Ownership Information (BOI) reporting:

FAQs: https://www.fincen.gov/boi-faqs

FILING PORTAL: https://boiefiling.fincen.gov/fileboir

 

If you have questions be sure to email us at keystothemarketpodcast@gmail.com