Thomas C. Valkenet

Thomas C. Valkenet

In the courts of Maryland and D.C.
  • Business Law, Construction Law, Insurance Defense ...
  • District of Columbia, Maryland
Claimed Lawyer ProfileQ&ASocial Media
Biography

I am a 30 year veteran of the Maryland and District of Columbia court systems.

Education
University of Baltimore School of Law
J.D. | Law
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Saint Anselm College
B.A. | Political Science
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Publications
Articles & Publications
Bow-riding, a reckless practice and already illegal in Maryland.
Linkedin- Thomas C. Valkenet
Trial Reporter, "The Limited Appearance in Maryland Civil Litigation"
The Maryland Association for Justice
Professional Associations
Maryland Professionalism Center, Inc.
Instructor, Civil Litigation
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Activities: Newly admitted lawyers in Maryland must attend a course on Professionalism and ethics. Thomas is an instructor on civility and professionalism in civil litigation.
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Jurisdictions Admitted to Practice
District of Columbia
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Maryland
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U.S. Supreme Court
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Practice Areas
    Business Law
    Business Contracts, Business Dissolution, Business Finance, Business Formation, Business Litigation, Franchising, Mergers & Acquisitions, Partnership & Shareholder Disputes
    Construction Law
    Construction Contracts, Construction Defects, Construction Liens, Construction Litigation
    Insurance Defense
    Maritime Law
    Real Estate Law
    Commercial Real Estate, Condominiums, Easements, Eminent Domain, Homeowners Association, Land Use & Zoning, Mortgages, Neighbor Disputes, Residential Real Estate, Water Law
Additional Practice Area
  • General Civil
Legal Answers
Q. What is the best way for four families to build one shared residence?
A: Some families set up a limited liability company to manage family vacation homes. With the appropriate operating agreement that defines everyone's financial responsibilities, and which defines who is responsible for repairs, taxes, insurance, etc., it can work. But be clear, what you are proposing is a family /friend business. And the business is management of the real property. You must consider a worst case scenario where family and friends no longer get along. You must also consider what happens when one or more become ill and must liquidate their interest. There are so many possibilities. But it can be done.
Q. If I am unmarried and own a house (on title and mortgage) with with my ex-boyfriend am I entitled to half the equity?
A: This is such a common issue. When love fails, it often leaves a forced business partnership that must be terminated. If you are on title, you are a co-owner. If you were unmarried, it is possible that the deed designates what percentage of ownership you were granted, if not 50%. The co-owners can make claims against each other for reimbursement of costs that should be shared. And that can be a messy process (who paid the insurance, who paid the mortgage, who paid for repairs, etc.) If a split can't be negotiated, there is a court action called "partition" that forces the sale of the property, and where the expense claims can be litigated. Good luck!
Q. What details and clauses should be added in a Real Estate Assignment Contract and Purchase Agreement?
A: Not to be too glib, but you should add all the laws and legal requirements for your particular type of transaction, and the requirements you seek to enforce or avoid. It has taken me 32 years to do it correctly. You should consider finding someone in you County with similar qualifications.
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Websites & Blogs
Website
Website
Blog
Young & Valkenet Law Library
Contact & Map
600 Wyndhurst Avenue
Suite 230
Baltimore, MD 21210
Telephone: (410) 323-0900