Sole proprietorships are the most common of business form in the U.S. The popularity is due in large part to the ease with which someone can create a sole proprietorship. There are no formal legal requirements to create a sole proprietorship, beyond the licenses and permits unique to running your business and any trade name […]
Regardless of whether someone dies with a will or without one, someone will need to take on the job of collection and the distributing of the recently deceased person’s property. The law often refers to the deceased person as the “decedent”. If the decedent left a will, it should designate who will be the charge. […]
The most important decision that you will make when starting a new business is what legal form your business will take. There are a variety of options available, all offering different costs, risks, rewards and consequence. Some options include: Sole proprietorships Partnerships Limited liability Companies (LLC) Corporations Sole Proprietorships While Sole Proprietorships offer low start-up […]
Every auto accident is different. The position and speed of the vehicles at the time of impact; your position in the car as a driver or a passenger; the deployment of your airbag, and the opportunity to have “braced yourself for impact” all can affect the nature and types of injuries you and other passengers […]
When a person takes the plunge to purchase his or her first home, it is an exciting prospect. Looking at properties, floor plans, neighborhoods, paint colors, and more is fun for many people. The other side of purchasing a new home is the “business” side of things such as qualifying for a mortgage, down payments, […]
Local, state and federal law all impact land use. Zoning restrictions often limit how commercial property owners and tenants use or improve property. Use Use-restrictions control the types of businesses that may operate in a particular area. While a structure of a given size may be permitted of right in a particular zone, certain types […]
When purchasing a property, you may learn that the property is benefitted or burdened by an “easement.” Depending on the type of easement, it may be something that could affect your decision to purchase a property or the price you are willing to pay. So what is an easement? An easement is an interest in […]
Purchasing commercial real estate is an investment. Like any other investment you should perform appropriate due diligence to avoid costly mistakes. Contracts Negotiation is the key to a good contract. Having this expectation from the beginning can save a lot of time and headache when dealing with the seller especially if they aren’t willing to […]