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Arizona Real Estate Journal

Arizona School of Real Estate and Business

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Should Your Ministry Have an Employee Handbook?

Should Your Ministry Have an Employee Handbook?

By | Church

If your ministry has employees to help it carry out its mission, an employee handbook is an essential tool for helping your ministry manage its workforce as well as protect the organization in case of employment litigation. The more employees you have, the greater the need for an employee handbook. “Unwritten rules,” even long-standing ones, are always subject to question if you wind up in court. Read More

Commercial Leasing Tips for Startups

Commercial Leasing Tips for Startups

By | Real Estate

Once a startup goes from a concept to a viable company, the need for physical office space usually means negotiating a commercial lease for the new venture. Those with little or no experience in leasing commercial space are well-advised to proceed with the assistance of a qualified commercial real estate attorney; in addition, you should pay particular attention to these five things: Read More

Building a Home? Here’s What You Should Know About the Construction Contract

Building a Home? Here’s What You Should Know About the Construction Contract

By | Real Estate

Before the first board is nailed in the home you are building, you need to be sure you have built in some protection for yourself by executing a construction contract. It is likely that your contractor has already furnished you with a contract ready for you to sign, but don’t do it without understanding everything in it and running it by your attorney first. Read More

Preparing to Start a Nonprofit in Arizona

Preparing to Start a Nonprofit in Arizona

By | Nonprofit

The majority of nonprofits in Arizona are 501(c)(3) organizations that fall into the categories of religious, charitable, scientific, literary, or educational entities that are eligible for federal and state tax exemptions. To create an Arizona nonprofit, you first need to form an Arizona nonprofit corporation and then apply for tax-exempt status from the IRS and the state. Read More

Is COVID-19 Covered Under Your Nonprofit’s Business Interruption Insurance

Is COVID-19 Covered Under Your Nonprofit’s Business Interruption Insurance?

By | Nonprofit

Business interruption insurance typically covers financial losses to organizations caused by physical damage — a flood, a fire, high winds, or other covered perils outlined in the policy. Although some policies may include special endorsements that provide coverage for lost income due to disease or government shutdown, they do not typically cover operational shutdowns due to communicable disease contamination or infection. In fact, some business interruption insurance policies specifically exclude coverage for losses due to viral spread, especially those policies created after the 2003 SARS outbreak. Read More

The Rules for Holding a Charity Raffle in Arizona

The Rules for Holding Charity Raffles in Arizona

By | Church, Nonprofit

Due to the COVID-19 pandemic, many charities have been restricted from holding in-person fundraising events to support the mission of their organizations. Many have turned to online auctions or raffles for their important fundraising activities, but nonprofits need to be careful about following the rules for these online events so as not to jeopardize their tax-exempt status. Read More

When May an Arizona Mortgage Lender Pursue a Deficiency Judgment?

When May an Arizona Mortgage Lender Pursue a Deficiency Judgment?

By | Real Estate

When a borrower defaults on a promissory note, Arizona lenders face the question of whether it would be more beneficial to foreclose on the property, accept a deed in lieu of foreclosure, or pursue a deficiency judgment. When making a choice, a lender must determine if there is sufficient collateral to cover the debt. If there is not, a lender will need to determine whether the debt is collectible, either through a deficiency judgment or suing on the note. Read More

Anti-Deficiency Law in Arizona

Anti-Deficiency Law in Arizona

By | Real Estate

If a lender sells a home in a foreclosure sale for less than what the borrower owed, there is a deficiency. And in Arizona, lenders can sometimes come after borrowers for that deficiency. Fortunately, in many cases, Arizona’s anti-deficiency law prohibits a lender from obtaining a deficiency judgment — or, in cases when a judgment is allowed, state law limits the amount of the judgment. Read More

Eviction Moratorium: Making Sense of COVID-19 Eviction Guidance under federal and Arizona Law

By | Real Estate

It’s almost a cliché at this point to say that the year 2020 is unprecedented. Numerous articles, news stories, and social media posts have already exhausted that part of the story. However, it’s not an exaggeration to say that millions of Americans, and thousands of Arizonans, have suffered financially because of COVID-19 or the accompanying lockdowns. Read More

When is it Okay for a Church to Distribute a Voter Guide?

When is it Okay for a Church to Distribute a Voter Guide?

By | Church

As 501(c)(3) organizations, churches have been prohibited from supporting specific political candidates since the passage of the Johnson Amendment in 1954. The Internal Revenue Code provides that, by definition, 501(c)(3) organizations do not “participate in, or intervene in (including the publishing or distributing of statements), any political campaign on behalf of (or in opposition to) any candidate for public office.” Read More

Can a Pastor Endorse a Candidate?

Can a Pastor Endorse a Candidate?

By | Church

In the lead up to the 2020 election—which many in both major American political parties are referring to as among the most important in our lifetimes—it is understandable that leaders of churches may feel the itch to lend their influence to the fray by endorsing a particular candidate. Some may even consider it a moral imperative. Read More

Troubles of Owning Short-Term Rentals in Arizona During the COVID Panic

Troubles of Owning Short-Term Rentals in Arizona During the COVID Panic

By | Real Estate

The COVID-19 pandemic has changed a great deal about how Arizonans—and Americans in general—vacation in 2020, and there’s little indication yet that 2021 will be much better. From restrictions in travel—no going abroad!—to limitations on nonessential businesses, to the occasional full two week quarantine, to fears of what air travel might mean for the health of those who use it, everything has been up in the air. Naturally, this has had some effect on those who own short-term rentals. Particularly the “little guys.” Read More

How Arizona Landlords May Manage an Evicted Tenant’s Personal Possessions

How Arizona Landlords May Manage an Evicted Tenant’s Personal Possessions

By | Real Estate

Sometimes a new landlord in Arizona finds that an evicted tenant has left behind some personal property in the now-empty rental space they recently occupied. It’s not uncommon for the old refrain “finders keepers, losers weepers” to run through the landlord’s mind upon making this discovery. And yet, while there is some level of truth in property law to that nursery-rhyme concept, things are not quite so simple in the landlord-tenant branch of the law. Read More