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Top Legal Factors to Consider When Forming a Business
Starting a business is an exciting time for any entrepreneur. Still, it is essential to ensure you are taking all the necessary legal steps to protect your business and avoid potential legal issues. As a new business owner, it can be challenging to navigate the complex world of business law. There are several things to…
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Does My HOA Need an Attorney?
If you are a member of an HOA, you know that managing a community can be challenging. HOA board members are responsible for governing the community, enforcing rules and regulations, and managing the finances. However, when it comes to legal matters, it is crucial to have an HOA attorney. How Can an HOA Attorney Help…
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How Do I Buy My Partner’s Share of the Business?
When two partners go into business together, it is often with the intention of splitting the profits, sharing responsibilities, and working as equal stakeholders in the success of their venture. Sometimes, things do not work out as planned, and one partner may decide they want to buy out the other. If you and your partner…
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Legal Considerations for Amending HOA Bylaws and CC&Rs
Homeowners associations (HOAs) are subject to various legal requirements and regulations, which often require amendments to the HOA bylaws and covenants, conditions, and restrictions (CC&Rs). Making an amendment is a long process that requires due diligence, transparency, and approval from the appropriate parties. HOA bylaws are the governing rules for the HOA. These bylaws outline…
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Elements of a Solid Employee Contract
Employee contracts are critical documents for any business or company. They outline essential information about the terms of employment, employee responsibilities, benefits, and dispute resolution. An employee contract protects both the employer and employee by setting clear expectations and obligations. Employment contracts are legally binding and outline the rights and responsibilities of both parties. The…
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Types of Lawsuits Filed Against Boards of Directors
While corporation boards of directors maintain considerable authority, the ultimate authority is its shareholders, who have a vested interest in the company’s success. Shareholders are individuals, companies, or others who own at least one share of the corporation’s stock, giving them partial ownership in the company. Shareholders have a majority or minority interest in the…
