The ever-changing business landscape makes partnerships a go-to strategy for many entrepreneurs. However, just like marital relationships, business partnerships can either flourish or flounder. This blog aims to guide you through the legal intricacies of both setting up and terminating business partnerships. How you start and end a partnership can determine the company’s success in […]
Last time, in part two of our commercial lease agreement series, we reviewed common pitfalls, mistakes, and problems tenants and landlords make during and after the finalization of their commercial lease agreements. By recognizing common problem areas, prospective tenants can help avoid disputes with their landlords before problems emerge. Unfortunately, disputes and disagreements between parties […]
Last time, in part one of our commercial lease agreement series, we reviewed some of the key provisions contained within the agreement that potential tenants and landlords need to be aware of and agree on before the lease is signed. Without a clear understanding of these terms and conditions, unexpected problems can arise for one […]
Commercial lease agreements are vital documents establishing landlords’ and tenants’ rights and obligations in a commercial property rental arrangement. These agreements govern the legal relationship between the parties, from small retail spaces to large office complexes. While many are familiar with residential lease terms, some business owners may not be familiar with the differences presented […]
If you’ve ever heard the expression ‘punch drunk’, it describes what happens to the brain after experiencing a traumatic brain injury, or sudden physical shock from an external force. Much as boxers may lose some mental faculties after a long career of receiving repeated blows to the head, an accident or event causing damage to […]
In creating a new business, one of the most important decisions is how to legally structure it. A sole proprietorship is perhaps the simplest structure of business; the single owner reports the income and expenses of the business on their own personal tax return. However, the simplicity of an unincorporated business can be risky, as […]
When an individual has died as a result of certain actions of another individual or entity, their surviving family or dependants may file a wrongful death lawsuit. Navigating the legal process of wrongful death raises many questions, some of which this article will answer. Disclaimer: The content of this website or any blog is for […]
Adverse possession is a legal doctrine that grants a person ownership to property that they do not own and have overtly used without the permission of the owner in a manner and for a period of time specific by state law. Adverse possession is also known as squatter’s rights and the adverse possessor is commonly […]
An Easement is an incorporeal right granted to a person or entity to use real estate owned by another party. It is in the best interest of owners to protect their land and property from unauthorized or unpermitted use. Easements legally grant limited rights to use the property. Easements are non-possessory; they differ from leases […]
A lending contract is a legally binding document between a borrower and lender. It is a credit agreement for mortgages, credit cards, car leases, and other types of loans. It is crucial to have clear terms in a lending contract to encourage both parties to act in each other’s best interests while fulfilling their own […]