If you’re starting a new business in California, one of the first questions to consider is whether you’ll need a license to operate it. If you don’t tackle this issue proactively, you may end up operating your company unlawfully and incurring legal and financial...
Shareholders are individuals or entities that own shares in a company. These shares give them certain rights, such as voting on company matters and receiving a share of the profits. While shareholders often work toward a common goal, disagreements can arise over how...
Businesses often take out loans or take on debt. A company may need startup cash just to get off the ground, for example. In another case, a company may have an order for a shipment of products, but they have to purchase the parts and materials to manufacture those...
A business partnership allows multiple parties the right to dictate how a business is run. The terms of a partnership can be outlined in an agreement. An agreement typically intends to reduce disputes and conflicts by setting clear goals and expectations. Before a...
Manufactured home communities can be a lucrative investment. Those who develop vacant land and those who acquire existing communities can generate regular revenue. Every rented lot or manufactured home is a source of monthly income. Unfortunately, some tenants...
In real estate transactions, there is the risk of a title defect. This can sometimes complicate the process. There are even instances where a title defect could be serious enough to derail the transaction entirely, which can be highly problematic for all parties...
If you’re a business owner, you’ve probably heard about the Americans with Disabilities Act (ADA). This is the law that ensures equal access for people with disabilities. While its purpose is clear, its application can be complex, and ADA-related lawsuits are on the...
Corporate due diligence involves assessing legal risks within a company. It helps business leaders make informed decisions and avoid potential legal pitfalls. There are several areas to cover to ensure full compliance. Here are three of the most common examples of...
When a commercial real estate transaction is set up, certain contingency clauses may apply. These can be put into the initial offer made by the potential buyer. Essentially, they are just saying that they are offering to purchase the property at a set price, but only...
The role of a trustee can be demanding. A trustee often takes on responsibilities that last for years. They have to manage trust assets and distribute them in accordance with the instructions provided by the trustor. Depending on the assets used to fund a trust, the...
