Title Searches
If you have ever bought a home or even considered buying a home, you have probably heard of title searches and title insurance. You may not, however, be aware of why title searches are conducted and why title insurance even exists. Title refers to your ownership rights in the property. That is...
Title Searches Continue reading…Fiduciary Responsibilities and Your Business
As a business owner, you have certain responsibilities that must be fulfilled.While being a sole proprietor gives you more leeway, business owners who use any other business formation must be familiar with fiduciary responsibilities. These obligations extend to corporate officers and even managers in some situations. So, what are fiduciary responsibilities for business...
Fiduciary Responsibilities and Your Business Continue reading…Developing a Disciplinary Policy as an Employer
Very few employers like to discipline employees for misconduct or poor performance. However, it may be necessary to do so to prompt t workers to fulfill their job duties appropriately or behave in a specific way. Establishing a disciplinary policy long before you need it will clarify your expectations of employees and also...
Developing a Disciplinary Policy as an Employer Continue reading…Neighbor Disputes: Property Boundaries
Disputes with neighbors can range widely, from loud parties, to poor upkeep, to boundary encroachments. If you are like most property owners, you take great pride in your land, and you do not want anyone to use property that is rightfully yours. When neighbors start taking down shrubs, planting trees, or putting up fences...
Neighbor Disputes: Property Boundaries Continue reading…Real Estate Contracts 101: Breach by Seller
Residential real estate transactions typically involve the signing of a contract between a prospective buyer and owner. In most cases, both parties follow through with their contractual commitments. However, sellers of real estate sometimes attempt to cancel the contract—a situation that forces the buyer to either accept the default or...
Real Estate Contracts 101: Breach by Seller Continue reading…An Overview of the Residential Real Estate Sales Process
Residential real estate sales can be overwhelming and confusing. Thankfully, the process is similar for every transaction. This means t you can prepare long before you find the right home, here’s how.
The Listing Agreement
If you are selling your home, you will start with creating a listing agreement. This agreement sets the asking s price,...
An Overview of the Residential Real Estate Sales Process Continue reading…Can My Employer Enforce a Covenant Not to Compete?
Many employers require their employees to sign agreements which contain covenants not to compete with the company. The enforceability of these restrictive provisions varies from state-to-state and depends on a variety of factors. A former employee who violates an enforceable non-compete agreement may be ordered to cease competitive activity and pay damages to the...
Can My Employer Enforce a Covenant Not to Compete? Continue reading…Family Business: Preserving Your Legacy for Generations to Come
Your family-owned business is not just one of your most significant assets, it is also your legacy. Both must be protected by implementing a transition plan to arrange for transfer to your children or other loved ones upon your retirement or death.
More than 70 percent of family businesses do not survive the transition...
Family Business: Preserving Your Legacy for Generations to Come Continue reading…Not All Estates Must Go Through Probate
Upon the passing of a loved one, there is a good chance that their estate will go through the probate process. Probate involves many things, but generally refers to the process of distributing assets of the deceased to the heirs. While often necessary, probate can be time consuming and complicated. Fortunately, Rhode Island...
Not All Estates Must Go Through Probate Continue reading…Where to Incorporate Your Small Business
Should you incorporate your business in your home state? What about Delaware or Nevada, long known as havens for corporate entities? This decision should not be taken lightly because incorporating your business in a particular state will determine, to a significant extent, the laws that will apply to your business. Often times, the best choice...
Where to Incorporate Your Small Business Continue reading…Buying Out a Partner When There Is No Shareholders’ Agreement in Place
Like most relationships, business partnerships frequently experience highs and lows, with periods of both prosperity and turmoil. When ongoing disagreements cannot be resolved, or one partner decides to leave the business, the remaining partner(s) often seeks to buy out the shares of the departing party. If there is no shareholders’ agreement in place, and...
Buying Out a Partner When There Is No Shareholders’ Agreement in Place Continue reading…More Opportunities for Businesses to Solicit Investors but What Are the Legal Challenges and Risks?
Since the 1930s, businesses wishing to secure investment dollars have faced regulations banning them from appealing directly to the public via advertising. Instead, businesses have only been allowed to pursue investment funds via prescribed channels and from wealthy individuals. The reasoning behind the ban was that if the general public were subjected to direct...
More Opportunities for Businesses to Solicit Investors but What Are the Legal Challenges and Risks? Continue reading…