The age-old question, what is a better investment, leasing or buying property? At first blush, you might think purchasing property is the best investment. You secure long-term control, and your business gains an asset. But, leasing a property allows you to deduct the lease payments and greater flexibility in case you need to relocate operations. […]
Melbourne Legal Blog
Buying a house is a huge decision and one that shouldn’t be taken lightly. In most cases, it will be the biggest financial decision of your life, so carefully weighing your options before pulling the trigger is a good idea. But buying a home can be overwhelming; you’ve got to find a home in your […]
Contracts are the glue that hold business together in this country. A handshake and a verbal agreement may work in some rare cases, but a written contract can delve into details that no friendly arrangement can cover. In fact, those little details can mean the difference between a smooth working relationship and total disaster. In […]
Construction defects are heavily litigated areas of law. Constructing a building is complicated and a handful of mistakes can bring the entire habitability or integrity of the building down. Construction defects are thus a heavily contested area of the law determining (1) if there is a defect and (2) who is responsible for it. This […]
Most states do not require an attorney to be part of the closing process of a real estate deal. Usually, a broker is sufficient. But, depending on the complexity and size of the contract, you may want a lawyer present to address any last-minute problems before you ink the contract. This post will go over […]
A construction defect claim arises when there is something fundamentally wrong with the construction of the building, and the defect is rendering the building unsafe or unusable for the intended purpose. Construction defect claims can be brought against any party that is responsible for the issue, the developer, general contractor, or sub-contractor. A previous post […]
The latest concerns about the President’s possible entanglements overseas through his businesses has revived the debate over blind trusts. There are many types of trusts; some are designed to accomplish discrete goals, for example, caring for family members or to invest a university endowment. Others are designed to relieve people of conflicts of interest, the […]
Leases are long, comprehensive, and complex documents; as well they should be. Most leases lock you into a contract for a year or more. The last thing you need is a lease that is poorly constructed and leaves you vulnerable to lawsuits. As discussed in a previous post, you need to carefully include all necessary […]
Most disputes arise because there is a misunderstanding between the parties. For instance, one party might have expected property values to increase when they agreed to construction. Unfortunately, they cratered now the other party wants out of the agreement because their assumption did not come true ? not because they are inherently bad. A previous […]
It might sound ridiculous, to sue or litigate over mold. Mold seems like an easy enough problem to solve, clean it out or toss the infected areas. Unfortunately, in new constructions, mold is rarely discovered before it catastrophically penetrates into the building. Additionally, depending on the type of mold, it could be a health hazard […]
