Recently in our office we have seen clients who have signed “option contracts” to sell their property and didn’t understand what they had signed. This article is a brief explanation of the option contract, and how this type of contract is being used in the CNMI in...
Investors often come to our office already having found property they want to lease and having already reached an agreement with the owner on the price. They ask us what to do next? This article is a simple summary of what comes next.1 Step 1. Sign an Agreement to...
“I have a bridge to sell you…” Or, How to Use PTRs when you Lease Land on Saipan so that You Know Who Really Owns It George C. Parker was known as the greatest con-man in American history (until maybe Bernie Madoff came along). From about 1900 to 1928 Parker, using...
The best investment on earth is earth. ~ Lois Glickman After more than 10 years of economic stagnation, Saipan is experiencing an economic boom. It started in 2014 after Best Sunshine obtained an exclusive license to operate a casino on Saipan, it picked up speed in...
