Hey u/asandysandstorm, thanks for your prompt response, I really appreciate your help. Yes, he does have a lawyer (u could consider him a friend of a friend) and while I don’t know what type of law he specializes in, I do believe he has some experience in real estate, leases etc. He is in talks with the city and was able to guarantee in writing that the city will cover the following costs if we are to relocate:
Loss of Sales
Abatement costs
Professional fees
legal fees
etc.
Apart from this, I wanted to ask, is it possible to receive a settlement periodically, say monthly? I think that receiving compensation as a lump sum is not optimal because it’s hard to create budgets with and I think that you lose more in taxes right? But if we were to go for the settlement, in your opinion, what is the best way we can be compensated? Once again, I really appreciate all your help. Thank you.
Hey u/asandysandstorm, thanks for your prompt response, I really appreciate your help. Yes, he does have a lawyer (u could consider him a friend of a friend) and while I don’t know what type of law he specializes in, I do believe he has some experience in real estate, leases etc. He is in talks with the city and was able to guarantee in writing that the city will cover the following costs if we are to relocate:
Apart from this, I wanted to ask, is it possible to receive a settlement periodically, say monthly? I think that receiving compensation as a lump sum is not optimal because it’s hard to create budgets with and I think that you lose more in taxes right? But if we were to go for the settlement, in your opinion, what is the best way we can be compensated? Once again, I really appreciate all your help. Thank you.