In the Lerner case, 648 Ariz. Adv. Rep 35 (CA 1, 11/27/12) the Arizona Court of Appeals continued to uphold the stigmatized property statute. The statute gives non  disclosure bogie’s. It limits the things that MUST be disclosed and cuts off liability for other non disclosures that common sense would suggest need be disclosed. ie. someone died there or sex offender down the block. I seldom read the statute when broker calls me. I just tell them if you think (the issue at hand) would matter to you and your family, then disclose it!

If you need help buying or selling real estate or seeing if the law in Arizona supports your claims, give me a call at 602-319-6899. The firm has been actively representing litigants for over 27 years. We are located in Scottsdale, Arizona at 8170 North 86th Place, Suite 208. 85258 or can be reached with questions at bmiller@williamamillerpllc.com.

We also handle, Breach of contract, Non-compete agreements, Non-disclosure agreements, Employee theft and embezzlement, Insurance purchases and enforcement of policy coverage, Negotiation and/or enforcement of commercial leases, Negligence and gross negligence resulting in losses, Intentional acts causing a company to suffer damages, Tortious interference with contractual relationships, Unjust enrichment, Real Estate fraud, Consumer fraud, Conversion/Theft, Intentional and/or negligent misrepresentation, Business torts and Real estate title & escrow.

Just weeks before a scheduled trial, Credit Suisse has reached a $400 million settlement in litigation over the demise of National Century Financial Enterprises. The settlement resolves claims that bondholders were defrauded to the tune of $2 billion when National Century collapsed amid a health-care financing scandal in 2002 — and reportedly brings the bondholders’ total recovery in the case to $1 billion. That is about one half of the loss. 11 years ago, I was the first lawyer to file suit against the perpetrators, including Credit Suisse, in this Ponzi scheme. For a lawyer, being involved in this was like reaching the Super Bowl. We litigated this in Florida, Arizona, Washington DC, New York, Ohio and California. The bad guys went to jail, the lawyers made a bunch of money, the investors got back most of their money and I proved a solo practitioner can fight the big guys. We will be posting key pleadings on this web site soon. This part of the case was covered by Bloomberg.

http://www.bloomberg.com/news/2013-03-14/credit-suisse-to-take-chf134-million-charge-on-ncfe-settlement.html

Call us at 602-319-6899 for further questions.

William A. Miller, Esq. Attorney at Law. 8160 North 86^th Place, suite 208 Scottsdale Arizona 85253.

We also handle, Breach of contract, Non-compete agreements, Non-disclosure agreements, Employee theft and embezzlement, Insurance purchases and enforcement of policy coverage, Negotiation and/or enforcement of commercial leases, Negligence and gross negligence resulting in losses, Intentional acts causing a company to suffer damages, Tortious interference with contractual relationships, Unjust enrichment, Real Estate fraud, Consumer fraud, Conversion/Theft, Intentional and/or negligent misrepresentation, Business torts and Real estate title & escrow.

COMMUNITY PROPERTY: Arizona is a community property state. There is a statutory presumption that all property acquired by husband and wife is community property.  Community property is a method of co-ownership for married persons only.  Upon death of one of the spouses, the deceased spouse’s interest will pass by either a will or intestate succession….

Some folks love and others hate the recent $25-billion federal-state mortgage foreclosure settlement, but there’s no getting around one huge and significant issue: Besides, prolonging the crisis, there’s a large, sink hole right in the middle of it. The hole is that if your home loan has been bought from your lender by Fannie Mae…

Under Arizona Senate Bill 1259, we may become the first state to require lenders to prove they have the legal right to foreclose by proving up a list of all owners of the deed of trust, under a bill passed yesterday by our Senate. The law, which is headed to the House after being approved…