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Mortgage contract
answered on Aug 10, 2022
One of the best "structures" to purchasing a home would be an LLC ... with a well drafted LLC Operating Agreement that spells out the details of ownership, possession, management ... and the many "what its" that can occur in life and in such arrangements. I would suggest that... View More
Other party did not uphold end as far as expenses and working business hours. Within 45 days of opening We have decided to part ways but now they are asking for double their investment which was about 15 percent of expenses to open the business. What are they entitled to. There is no written... View More
answered on Jul 20, 2022
This will be hopefully resolved in four initial steps: [1] engage an attorney/mediator to assist the parties in working toward a resolution in one or two video calls with all parties - there are a few law firms that will offer this service for free ... [2] if mediation does not work, then to engage... View More
If I am a starting up as a freelance writer working out of my home in California, are there any sort of permits or business licenses that I need?
answered on Jun 23, 2022
Well ... some of the answer will depend upon your address location ... and what your local city or county requires for "home businesses". Additionally, since the advent of SB5 [employee/independent contractor status] most individuals and businesses will want you to have a business... View More
I want to send the contract for someone to read and see if a refund if feasible, or will I have to pay a fee to cancel. Can't understand contract.
answered on Jun 21, 2022
The best "next step" is for you to schedule an initial free consultation with at least two attorneys of your choice ... preferably by a Video Call, where you can go over the agreement together ... your thoughts?
Can we purchase a business and take over without getting the lease approval completed from the landlord?
just wondering, because we understand the risk that the landlord may reject us, and then the seller can run away with the money that we payed them. Is there a way to avoid this risk so... View More
answered on Jun 5, 2022
Well, the first question is ... "what is getting in the way of you acquiring the new lease" ... and the second question is ... "what does the current lease state about subleasing or an assignment of the lease. To get an answer, I would recommend that you schedule at least two video... View More
answered on May 23, 2022
As a general rule, the name reservation will expire in 60 days ... and you can "transfer" the name reservation to someone else.
I am in a 2 year contract in California and would like to cancel my services. However, because I have 18 months left in the contract, I would have to pay a 75% penalty of the remaining months. They have been unhelpful with tech support and I have been dissatisfied. Is there any way I can legally... View More
answered on May 10, 2022
Three initial steps towards resolution: [1] outline how you are not happy with their delivery of services to their customer service department ... and let them know that various social media outlets, like Yelp, will hear of your dissatisfaction with their support/tech services ... and you are... View More
My friend is starting up a business, he’s doing good and now needs a shop to work. He does not have the credit to lease a place. He asked me to help him lease in exchange for 10% of earnings. What would I have to report to the IRS or does his total earnings affect me in any way? I am aware I’m... View More
answered on May 6, 2022
Short answer ... depends upon whether you are "on the Lease" or a "guarantor of the lease payments" ... in addition to a variety of other issues ... such as a "defacto partnership" ... and issues with the usuary laws ... so, the next step for you is to schedule a free... View More
Related to the sale of business. The information missing is the period of time the covenant covers. The purchase agreement lists the individuals, but is missing the period of coverage. Does that make it non binding or what is the default period of coverage if there's no amount of time listed.
answered on Apr 30, 2022
Generally speaking, the "period" of time will be partially determined by the allocation for that item in the purchase agreement, absent that notation, it will be a reasonable time, based in part, upon the total price paid and how the price was or should be allocated to the tangible and... View More
answered on Mar 2, 2022
Well, the first question is SHOULD you operate your business as an LLC ... OR ... a corporation ... and if the LLC sufficiently embraces your ownership, management and exit strategies, then should the LLC be taxed as a "partnership" or taxed as a corporation. The answer will evolve with... View More
We hired a vendor to do some small work for our business. We set up their banking information since they preferred to get paid that way. Due to an error on our end, we accidentally overpaid them $3000. I have reached out several times through email and even got a read receipt email confirmation... View More
answered on Feb 25, 2022
So, first question ... where are you located ... and where are they located? Second question, was you "over payment" for any type of services previously rendered ... and/or contemplated to be rendered? The next step is for you to schedule a free initial consultation with at least two... View More
Inquiry is for a photography LLC business in Bakersfield, CA. I am only interested in these contracts during the time the employee is employed and not extending beyond their employment at all.
1. I want my company to have first dibs on posting the images taken on duty for X amount of time... View More
answered on Feb 24, 2022
Depending upon what state you are in ... and I will be assuming California ... any agreements with "employees" as to non-competition ... are unenforceable at law. However, you can restrict the employee's activity in other ways such as a carefully drafted non-disclosure,... View More
This house already functions as a co-operative. The current owners are selling and past residents would like to organize to purchase the property. This will need to be done fairly quickly. We have the funds for a down payment and to do some repairs however we'd like to know the best way to... View More
answered on Feb 21, 2022
Assuming that the "financing" will support it, the initial answer would be the LLC ... which, depending upon how the LLC Operating Agreement is drafted, will allow relatively easy "in & out" of LLC Members and some level of asset protection for the individuals. The best next... View More
It’s in a trust fund. I paid this lawyer off early. I signed agreement for 4 1/2 years. They would never settle my debt. I have sent letters email and faxed him. That I want stop his program but won’t give my money back. This has been paid in full for 21/2 year. I have even called him and says... View More
answered on Feb 20, 2022
Small Claims Court ... get a judgement ... then execute on the judgement ... Let me know if a free consultation would be helpbul
I was unable to move forward with business and now owner claims I still owe him for the remainder of the contract. Does he have any grounds to come after me or can I walk away?
answered on Feb 6, 2022
Well, the first step is to have an attorney of your choice review the agreement, relevant facts and communications between the parties ... and then to schedule a free initial consultation ... let me know your thoughts ... thank you.
I have my own small business doing engineering and research, but could use some additional funds so I am considering taking on a consulting project with a large company. I know the people I'd be working with as engineers, but the HR from this place is asking I take on being a W2 employee with... View More
answered on Nov 11, 2021
Generally speaking ... about $20-$25 a page ... and obviously, it would be ideal to see the document first to firm up or edit the initial estimate... and it may be a good idea to schedule a video call for discussion.
answered on Nov 4, 2021
The answer will depend upon what information, evidence and oral or written documentation you have to support your claim for "not finishing paying a car loan". You would want to schedule an initial 30-minute free consultation with an attorney of your choice to discuss the supporting facts... View More
Can I keep it... with out getting in trouble legally?
answered on Oct 17, 2021
... or you could do the "right thing" ... make a decision as to whether you want the item or not ... and notify the company ... and either pay for it or return it ... many companies are struggling
had contract, got half money, bought equipment, head guy died project put on hold two years later nothing now they want the money back.
answered on Oct 7, 2021
As you might imagine, the answer will rest in any written agreements ... any written email, text communications ... and/or other currently missing information ... the next step is for you to schedule a free initial video call or telephone call ... for further discussion ...
Once a corporation is duly incorporated, who owns the corporation if no shares of stock have been issued, and can ownership change simply by issuing the majority of shares to and officer (say CEO) of the corporation without that officer having to pay for them?
answered on Sep 13, 2021
Well ... the first thing to do is to review the documents ... articles, bylaws and organizational meeting minutes. Second, email those documents to a business development attorney of your choice to schedule a free initial consultation by video call or telephone call.
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