One of the reasons people create limited liability corporations (LLCs) is right in the name of the business organization. They do it to limit their personal liability if the business fails or faces legal action. When you create a business, there is always a risk of...
Month: March 2021
What happens if someone has a title claim against your home?
It may have been years since you purchased your home when you hear from someone who claims to have title rights to the property. Perhaps they are a person who didn't authorize the sale of the property by their estranged spouse who was their co-owner. Maybe they are an...
When it comes to buying a business, new is not always better
What was the last thing you built from scratch? There are a lot of advantages to buying something preowned. This applies to businesses as well as cars and homes. Setting up a brand new business is hard. You will make costly mistakes along the way. You need to train up...
Can you put a piece of real estate you inherit on the market?
As a child, you may have received gifts you had no use for from relatives. The same can happen when they die. They may leave you a piece of real estate that you have no interest in. However, unlike those lurid Christmas jumpers that you hid and never wore, you can...
Business contracts are essential to organizing your business
As a business owner, you rely on many sets of people. You cannot afford to subject yourself to their whims. You need to know who is doing what when. Failing to use well-written contracts allows people to do as they please Contracts provide a solid foundation for your...
How can a quiet title action help when buying real estate?
The right piece of commercial real estate can increase the chance your business succeeds. Location counts for a lot. Before you part with money, it is crucial to ensure there are no hidden surprises. While it will not cost much to fix a leaking water pipe, title...