Sign the Lease_edited.jpg

Working With You on All of Your

Real Estate Needs

From making strategic decisions on buying or selling residential or commercial real estate to having a simple deed drafted, I’m here to help. Using my 35 years of expertise as an attorney and  real estate broker and my deep understanding of the real estate industry, you’ll receive creative solutions and experience true results. Get in touch to discuss your real estate needs with a phone call, an email  or video conference.


Its that simple.

 

MY SERVICES

Men with Calculator

BUYING OR SELLING RESIDENTIAL OR COMMERCIAL PROPERTY IN MARYLAND.

 I am an attorney and a licensed Maryland Real Estate Broker.

Potential Maryland real estate sales persons are only required to complete 60 hours of real estate education before taking their real estate exam and representing you in a real estate transaction. I think you need an individual with more experience representing you in one of the biggest investments you will make in a lifetime.


Book an introductory meeting today to learn more about how I can make your business thrive.

Business Meeting

MEDIATION

I have conducted hundreds of mediations for the  District Courts of Maryland. Many real estate disputes are  now required to be resolved by mediation or arbitration. Additionally mediation or  arbitration can be a money and time saving opportunity to resolve a dispute.

 Mediation give the parties considerable  flexibly in crafting a resolution the suits the needs of the parties.

Many mediations can also be conducted remotely.

Contact me to find out how I can help today.

Get in Touch
Suburb Houses

DRAFTING CONTRACTS, DEEDS, AND OTHER REAL ESTATE DOCUMENTS.

Do you need a deed drafted? Are you interested in transferring title to a residential or commercial property?

Are you considering entering into a contract to buy or sell a home or a business? Do you have questions about what you are signing?

 I can help.

I can help you understand the meaning of a document you are considering signing and answer all of your questions.

You should be aware that the Circuit Court, with limited exceptions, requires that a deed be signed by an attorney admitted to the Maryland Court of Appeals before accepting it for filing.

 
 
 
Men with Calculator

BUYING COMMERCIAL OR RENTAL REAL ESTATE?  HOW TO PROTECT YOURSELF WITH A LLC.

When contemplating a commercial real estate purchase, buyers must consider a multitude of factors. One important consideration is who should actually purchase the property: the investor individually or an entity formed by the investor? There are many advantages, as well as related costs that come with forming a limited liability company (“LLC”) to purchase investment property and  I can help you 

Legal Advantages

Protection of your personal assets is one of the main reasons  to consider forming a  LLCs. When buying a commercial real estate, investment property or leasing to a tenant, there is potential liability involved. If the tenant or their guests are injured  on the property, they may attempt to collect damages by suing you as the owner. By forming an LLC, you are able to protect your personal assets in the event of such a claim or lawsuit. Owning property in an LLC acts to limit your personal liability to the amount of equity that is held in the entity titled in the LLC's name. 

An LLC maximizes your asset protection, especially if you  own multiple rental properties. It may be advisable for each investment property to be owned in a separate LLC. Should a claim be made against one of your LLC owned properties only that entity will be potentially liable instead of all of your investment properties being put at risk. An LLC can be considered a form of insurance as it acts to protect your other personal assets from legal claims, for example premises liability cases and contractual claims of tenants. However, investment property owners should also  consider commercial insurance to protect their investment in property from claims.

Potential Tax Benefits

For tax purposes, an LLC must file a tax return as a sole proprietorship, or partnership because the federal government does not recognize an LLC for federal tax purposes. However, one tax advantage of an LLC is the ability to use pass-through taxation. For example, if you are the only owner of an LLC, you can choose to be taxed as a sole proprietorship. As a result, income and capital gains from the LLC may pass through directly to you and you’ll only pay taxes as an individual. Since there is no separate LLC tax, you may be able to avoid unnecessary double taxation which exists for corporations. To fully understand the tax benefits of owning property in an LLC, it is best to consult with your CPA.

House For Sale Sign

CONDUCTING REAL ESTATE CLOSINGS

What is a title or escrow company? What does title insurance protect?

Let’s take a closer look at what goes on between the time when you agree to purchase your property and when you legally take ownership.

Once you have a ratified sales contract, you are ready to order  a copy of the properties' title and schedule your closing date.  In preparation for closing, either you or your agent will provide the title company with copies of the executed contact, information of all parties involved in the transaction along with information on your lender. A pre-closing manager usually oversees this phase in the process.

Title work begins. A title abstractor goes to work to ensure clear title. A title abstractor is someone who searches records and files pertaining to a specific property to find its history. This can include transactions between current and previous owners in buying and selling the property, as well as any liens or judgments against the owner.

Meanwhile, your lender’s loan processor works to fund your loan and communicates with members of the settlement team to produce a final  closing documents and other legal documents you will sign at closing. A settlement coordinator acts as a liaison between the title company and buyers, sellers, real estate agents and lenders. Once clear title is established, title insurance is in place, and your closing documents are assembled, it’s time to go to settlement. Signing all the paperwork will take about an hour. This can all be done remotely via video conferencing.  Buyers sign more documents than sellers. Once all the documents are signed, the title company will record the deed and pay any outstanding debts, property tax bills, utility bill or liens. A copy of the final deed stamped by the land records office will be sent to you directly.

I am licensed to conduct real estate closings in Maryland, Virginia, West Virginia and the District of Columbia and would be happy to discuss  scheduling your remote or in person closing.

Contract Review

REMOTE NOTARY SERVICE

 Historically, all notarial acts involved a paper document and a face to face meeting with the notary. However, beginning around 2000, state and federal laws authorized notaries to use an electronic signature for notarial acts.

Currently, there are 34 states that have enacted some form of permanent remote online notarization (RON) law: Alaska, Arizona, Arkansas, Colorado, Florida, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Missouri, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin and Wyoming. [updated July 15, 2021]

Currently 48 states and Washington D.C. authorize remote e-notarization either through an existing law, or emergency action.   


I am authorized by the State of Maryland to conduct remote notaries.



Handshake

  REAL ESTATE LITIGATION

 Only when all other avenues to resolving a dispute or misunderstanding have been exhausted it is time to discuss possible litigation. Litigation can be a slow and often times expensive undertaking. I have handled over 8,500 cases including including cases involving interpleader, adverse possession, equitable estoppel, landlord and tenant issues, partition, and foreclosure defense.  I have handled landlord and tenant cases, both residential and commercial.

 
 
2020-11-02.jpg

RAYMOND
CARIGNAN, ESQ.
ABOUT ME


I’ve been a been an attorney since 1985. I am admitted and active in Maryland, Virginia, West Virginia, and the District of Columbia.  I am licensed in both state and federal courts In all of these jurisdictions. I have handled over 8,500 cases including including cases involving interpleader, adverse possession, equitable estoppel, landlord and tenant issues partition, and foreclosure defense.  I have handled landlord and tenant cases, both residential and commercial. 


Want to learn more?  I can assist you with simple or complex matters.


  Contact me today for an initial consultation.

 

FAQ

Get Informed

WHAT DOES IT MEAN TO HOLD REAL ESTATE AS JOINT TENANTS ?

Joint tenancy occurs when two or more people hold title to real estate jointly, with equal rights to enjoy the property during their lives. If one of the partners dies, their rights of ownership pass to the surviving tenant(s) through a legal relationship known as a right of survivorship

WHAT IS A LIFE ESTATE ?

 A life estate is a type of property ownership where two or more people have ownership rights. The life tenant is the person with the right to possess and use the property for the duration of their life. This means that the life tenant has lifetime use of the property.

WHAT DOES IT MEAN TO HOLD REAL ESTATE AS TENANTS IN COMMON ?

  Tenancy in common is defined as an estate that has shared ownership, in which each owner owns a share of the property. It is a shared tenancy in which each holder has a distinct, separately transferable interest.

 WHAT DOES IT MEAN TO HOLD REAL ESTATE AS TENANTS BY ENTIRETIES?

 Tenancy by the entirety refers to a form of shared property ownership that is reserved only for married couples. ... This form of legal ownership creates a right of survivorship so if one spouse dies, the surviving spouse automatically receives full title to the property.

 

CONTACT ME

cell 410 703 2703

fax 240 427 4711

Thanks for submitting!

Family Real Estate