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…..
Intro to Horse Boarding Agreements A horse boarding agreement is a written contract between the owner of one or more horses, the Customer, and the operator of a boarding facility, the Facility Owner, which sets forth certain terms and conditions under which the Facility Owner agrees to board the Customer’s horse(s) at the Facility Owner’s boarding facility. A horse boarding….
What Does International Trade Law Entail? At its core, international trade law governs the rules, regulations and agreements that authorizes, limits or otherwise controls the exchange of goods, services, and intellectual property on a transnational basis. Likewise, international trade law provides a framework of rights and obligations between participating nations and businesses engaged in international commerce. With many facets and….
What You Need to Know About Commercial Leases Commercial leasing contracts are legal documents that lay out the terms and conditions under which a business rents or leases a property. They are vital because they set the standard for all the obligations and rights between the lessor and lessee. This contract is even more important between independent companies when a….
Delay tactics in legal proceedings are strategies used by one party to postpone or slow down the resolution of a case. These tactics can be employed for various reasons, such as gaining more time to prepare, wearing down the opposing party, or forcing a settlement under unfavorable conditions. Recognizing these tactics early is crucial to maintaining the momentum of the….
A Mediator’s Proposal is a critical tool in the field of dispute resolution, particularly in cases where direct negotiations have reached an impasse. This method involves the mediator crafting a settlement proposal based on their understanding of the parties’ positions, needs, and interests. Unlike other mediation techniques, where parties are directly involved in formulating solutions, the Mediator’s Proposal places the….
In the legal profession, the relationship between regulatory bodies and law firms is a complex one. The Bar, as a regulatory authority, holds significant power to oversee and intervene in the operations of legal firms. However, the concept of the Bar “taking over” a firm raises several critical questions regarding the extent of this power, the circumstances under which it….
