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Thursday, May 27, 2010

Abandoned Property

ISSUE: A Landlord must often deal with property seemingly abandoned by a former tenant. While the Landlord would like to dispose of or sell this abandoned property, the Landlord may not know who owns the property or if there is a recorded security interest. In some instances, the Landlord may want to sell the property to satisfy unpaid rent or transfer it to the next tenant. Before any decision can be made, the Landlord must determine whether the property is truly abandoned and whether other parties may have a legal claim to the property.

THE LAW OF FINDS: "Abandonment" according to the Law of Finds, means that the owner of the goods has voluntarily relinquished "possession with the intention of terminating his ownership and with no intention of vesting title in another."

ACTION ADVISE: If the Landlord wishes to transfer or sell the property, it should: (1) Do a complete inventory of the property by 2 witnesses; (2) Examine the property for evidence of ownership; and (3) Conduct a UCC search for recorded liens or leases.

NOTICE: The Virginia Residential Landlord and Tenant Act requires a letter to be sent to the former tenant giving a 10 day notice that unless the property is retrieved it will be considered abandoned. Normally Residential Landlords are held to a higher standard than Commercial Landlords when dealing with their tenants. Therefore, it would be appropriate to provide a 10 day notice to any person who you believe has an interest in the property, including parties with UCC claims, tenants, or names which are found on the property.

DISPOSITION: If none of these parties make a claim, the property is probably abandoned. This determination will have to be made in each situation on a case-by-case basis in conjunction with a lawyer. Non-legal factors may impact on your determination of how to dispose of the property, i.e. the value of the equipment or if it can be transferred to a new tenant in the same space. A carefully worded sale agreement of the equipment may provide some protection for the Landlord from a subsequent claimant.

The above article is not meant to replace legal counsel. If you'd like to speak to one of the attorneys at Gross & Romanick, call us at 703-273-1400 or fill out our online Information Request form.

Wednesday, May 19, 2010

Selling & Buying Business Assets

Ed Gross, Gross & Romanick's managing partner, discusses the purchase and sale of the assets of a business in this recent video.



Some of Gross & Romanick's business practice areas include business formation, business acquisition, merger, spin-off and reorganization, buy-sell agreements, computer law, collections, contracts/agreements, corporate formalities, employment law, franchise law, and limited liability companies.

To speak to one of our lawyers, contact us by calling 703-273-1400 or by filling out our online information request form.

Thursday, May 13, 2010

Wolftrap and Marijuana Possession

Summer in Northern Virginia means the start of the concert season at the Wolftrap National Park for the Performing Arts. For individuals that attend concerts and events at Wolftrap, it is important to realize that Wolftrap is not your ordinary concert venue. Unlike Jiffy Lube Live or the Patriot Center, Wolftrap is considered a “federal enclave”. This means that any conduct at Wolftrap that leads to criminal charges can result in those charges being filed in the United States District Court for the Eastern District of Virginia, Alexandria Division and not necessarily in the state courts of Fairfax County. Depending upon where you are located on the Wolftrap property and what officer issues you a citation impacts whether you must appear in the Fairfax County Courts or in the federal court.

Put more simply, simple possession of marijuana and underage possession of alcohol quite literally can become a federal case if committed at Wolftrap. Moreover, the United States Park Police are routinely patrolling the parking areas and concert grounds along with Fairfax County Police Officers and are usually in plainclothes and not easily identifiable. These officers can sometimes be rather aggressive in attempting to ferret out marijuana and alcohol possession. In one recent case, our attorneys successfully persuaded that United States Attorney’s Office that the arresting officer had been overly aggressive and had violated an individual’s constitutional rights. It is therefore extremely important that individuals charged in federal court retain an experienced attorney to ensure that their rights are fully protected.

Under federal law, marijuana is a Schedule I substance under the federal Controlled Substances Act, and possession of marijuana is a misdemeanor offense. If convicted of possession of any amount, first time offenders face the possibility of being sentenced to up to one year in prison and being assessed a minimum fine of $1,000. For a second conviction, the penalties increase to a 15-day mandatory minimum jail sentence with a maximum of two years in prison and a minimum fine of $2,500. Persons charged may also be subject to an onerous pre-trial probationary period involving mandatory drug screens. Certain individuals may be eligible for a first-offender program that, in some limited circumstances, may result in dismissal and expungment upon completion of the program.

The attorneys at Gross & Romanick, P.C. has represented a number of individuals charged with possession of marijuana and underage possession of alcohol at the Wolftrap National Park for the Performing Arts. If you are charged with possession of marijuana or underage possession of alcohol, whether wrongfully or rightfully, it is imperative that you retain an attorney to represent you in Court. The attorneys at Gross & Romanick, P.C. are experienced in this area and can use their expertise to zealously defend your rights.