Category Archives: Business Law
Getting Attorneys fees for Collecting on Your Judgment
You may already know that getting a judgment doesn’t mean actually getting any money. You still have to collect on that judgment. While some Defendants may pay what the court orders grudgingly but quickly, other Defendants either can’t or won’t pay a judgment entered against them. That means that you may need to do… Read More »
Mistakes People Make When Accepting Late Rent Payments
If you own property that is rented out, you may have a dilemma when a tenant needs to make a late payment. On the one hand, tenants are hard to find. So if your tenant needs to pay rent a bit late, you may be smart in not having a knee jerk reaction to… Read More »
Common Errors and Omissions in Partnership Agreements
When you look at them from the outside, partnerships seem so informal. It just seems like a few people getting together to handle a business matter. In fact, the informality that comes with partnerships is one of its major benefits. But that doesn’t mean that you can’t make mistakes—you can. Many of those mistakes… Read More »
What is a Covenant That Runs With the Land?
If you buy, purchase or acquire land, you will sign a purchase or sale contract, or some kind of writing that puts title to that property in your name. And you may assume by looking at the contract, that the document contains everything that you need to know about the property—its usage, limitations, what… Read More »
Basics of Equipment Leasing
If you’re starting a new business, and it’s one that takes heavy or expensive equipment, you may not have the cash flow just yet, to buy what you need outright. That’s why leasing can be a good option. But if you look to lease equipment, you’ll likely have a contract put in front of… Read More »
Partnership and Joint Venture: What’s the Difference?
When people talk about going into business together, they often talk about going into a joint venture. They also say they’ll be partners. Or they’ll say they will be partners in a joint venture. Whatever the combination, one thing is certain: many people just don’t know what the legal difference is between a joint… Read More »
Basics to Look for in Your Franchise Agreement
If you bought any kind of business, you’d expect there to be a lot of contractual agreements. That is also true when you buy a franchise. The difference is that there is some standardization in franchise agreements, as far as what information needs to be disclosed, and which does not. Franchise agreements can be… Read More »
When Does Your Business Have a Duty to Preserve Evidence?
If you are or anticipate being a party to a lawsuit, you probably know already that you have a duty to preserve anything that could be evidence. But that duty doesn’t just apply to the parties to a lawsuit—it applies to anybody who may have anything that could be evidence in any lawsuit—even if… Read More »
The Basics of Pulling a Job Applicant’s Credit Reports
More and more, employers are checking the credit of their potential employees, as a condition of employment. It has become so routine, there is just an assumption that it is always legal. But that’s not the case—in fact, if done improperly, pulling or checking credit can land your business in serious legal trouble under… Read More »
Ejectment and Eviction: Know the Difference
Trying to get someone out of your property? You may think you’re limited to an eviction. But evictions are strictly for tenants who have a landlord tenant relationship and, presumably, a lease (written or oral). But there are many situations where there is no lease, and where common sense tells us that the person… Read More »
