Postnuptial Agreements: The Basics A postnuptial agreement is recognized under New York law which means that it is enforceable by the courts. A postnuptial agreement deals with the financial aspects of a couple’s marriage and what is going to happen to the family assets and liabilities in the future in the event of death or divorce. It can deal with….
An Introduction to Arizona Probate Law The world of Arizona probate law may seem daunting to some. But it is important for every Arizonan to arm themselves with a basic understanding of this crucial aspect of estate planning and administration. Much like the rest of the country, Arizona gradually transitioned away from the antiquated and bureaucratic system of "probating" a….
What Is a Traffic Violation? Traffic violations can be sorted into a number of categories based upon their potential negative impact on public safety. In general, traffic offenses are either moving or non-moving violations.The most frequently searched for traffic offense in Google, a moving violation, typically involved recklessness or negligence on the part of the defendant. For example, vehicle speeding….
About Michigan’s Breaks and Lunches Law Michigan employment law regulations outline general provisions concerning breaks and rest periods as follows:First Shift. Each employer shall provide at least 30 consecutive minutes for the first shift for employees having a work period of at least 3 1/2 hours but less than 5 hours, and 60 consecutive minutes for employees having a work….
Licence to Use Property Agreements: What to Know What is a license to use property agreement?A license to use property is an agreement between two parties (the licensor and the licensee) allowing the licensee to use an asset owned by the licensor. The most common license to use property is a licence to use land. A licence conferred under a….
An Overview of Contempt of Court Action in the State of Florida Florida law defines contempt of court to be the willful disobedience of a court order or the non-payment of alimony or child support. This can have different implications, largely because there are two types of contempt: civil and criminal contempt.Civil contempt occurs when a person disobeys a civil….
What is a Post-nup? A postnuptial agreement is an arrangement made between two married individuals, or a domestic partnership, that comes into effect after the marriage or domestic partnership. The purpose of the agreement is to resolve potential future areas of disagreement, usually involving asset division in the event of a divorce or death of one of the parties. Other….
What is a Contract for Deed? A contract for deed, also known as a real estate installment contract, contract for deed, or land installment contract, is essentially a seller-financed method of transferring ownership rights in a real property. Generally speaking, rather than securing a bank loan in order to pay a seller the full purchase price for a property, a….
Non Exclusive Buyer Agency Agreement Defined A non exclusive buyer agency agreement is an agreement a potential home buyer enters into with a registered real estate sales representative in order to receive some protections and services during their home search. The premise behind this type of agreement, is that it allows a potential buyer to look at as many properties….
What is a Purchase and Sale Agreement? A purchase and sale (PSA) is a legally binding contract between a buyer and a seller for the purchase of a piece of property. This contract is crucial in formalizing the intent of both parties and helps to ensure that all aspects of the sale are clearly defined and agreed upon before closing…..
