Let’s say you are engaged in real estate litigation. You are trying to purchase a piece of land and attendant structures, but the other party backed out of the agreement at the last moment, after you agreed and fulfilled all other terms, including paying the first few installments. You sue, you win and prove that […]
Melbourne Legal Blog
Many people, even in their 20s and 30s, are thinking about how to manage their wealth when they are gone. There are numerous options from wills, to gifts, to trusts. A popular tool is the “revocable trust.” A revocable trust is a separate legal entity that you create and manage during your life. When you […]
To a certain extent, developers rely on their contractors to deliver a finished building that is safe, up to code and free from defects. Defects in a structure can sink an entire deal because no one wants to assume responsibility for a building that does not meet safety or permitting standards. Additionally, a defective building […]
Commercial leases are intimidating to negotiate. Most commercial leases, unlike residential, go on for many years or even decades. Therefore, you are stuck with your tenant for a long time, so the deal better is a good one. This post will go over some tips for negotiating a commercial lease. First, know what you want […]
Contracts are the bedrock of business. They allow businesses to exchange goods and services. Contracts lay out reciprocal obligations, rules that govern the relationship, and timelines. Contracts, in short, are the lifeblood of business. Therefore, when a business breaches a contract, companies need methods with which to resolve the dispute. This post will go over […]
A spendthrift trust enables people to place their assets in a specialized trust that creditors cannot sue or attach in bankruptcy to seek satisfaction for their loans. But once the money is distributed, creditors are free to pursue it. Spendthrifts were invented to allow people to care for their family members and maintain control over […]
When you are purchasing real estate, whether it is for your own personal use or for a commercial investment, you should know as much as you can about the property and the reason for the sale. According to the National Association of Realtors, over 60 percent of buyers use many different sources to learn more […]
The lease is the controlling document for your properties. It is critical that each lease is securely crafted. Leases that overlook important terms undermine the reliability of your properties and their commercial value. This post will go over the most important terms you should cover in your lease and how you might utilize them. First, […]
Construction defect are two awful words that no homeowner or developer ever wants to hear. Construction defect means that there was a fundamental flaw during the construction of the building which resulted in a current defect. The defect could be minor, meaning it is easily replaced such as better windows for more insulation, or it […]
Being served litigation papers is stressful, even if you were expecting to be sued. While you may firmly believe that you are innocent, not knowing what is going to happen in court and what the outcome will be can cause anxiety and worry. By being prepared, you can have more confidence in your case and […]
