Contracts keep the business world together. They ensure that each party holds up its end of the bargain and that transactions go smoothly. But what happens when a party on one side of the agreement decides to not to live up to the guidelines set forth in the contract? In legal terms, that’s what’s called […]
Melbourne Legal Blog
Indemnification clauses are common in many leases. Indemnification clauses act as “poison pill” provisions to discourage unscrupulous property owners from shirking their obligations under the lease. Since they are such a prolific part of lease agreements, this pot will go over how indemnification clauses work and what they may mean for your leases. Indemnification means […]
Construction defects are the bread and butter of lawsuits against developers, general contractors, and subcontractors. Construction defect is the body of law that enables end-users of buildings (commonly homeowners) to sue the original parties that built the house in which the homeowner now resides. This post will go over construction defect and how it operates […]
Construction defect claims arise when there is an inherent defect in the original construction of the home. There is a fine line between issues that stem from construction and those that arise from use after-the-fact. In Florida, the most common construction defect claim is of mold. Florida’s very humid climate almost guarantees that mold is […]
Many commercial tenants are resorting to leasing audits to leverage lower rent rates with property owners. It is thus imperative that you prepare for these audits and the role they may play in future negotiations. This post will go over how you can minimize your exposure to these audits. A common technique to minimize the […]
Trusts are a type of testamentary instrument that allows a grantor (the person who gives the stuff) to have some control over the disbursement and management of the assets. Trusts are separate legal entities, which means they can own property, sue, and be sued. Trusts are administered by Trustees, who are usually personal representatives appointed […]
Contracts are the bread and butter of the business. They enable companies to cooperate, exchange goods and services, and make a profit. That means, when a breach of contract occurs, the core building block of business has broken down. As discussed in a previous post, a breach of contract occurs when one party refuses to […]
You may know her as the newscaster in “Being Mary Jane,” or the DEA agent from “Bad Boys II.” For many of us Floridians, she’s the wife of Miami Heat legend Dwyane Wade. However you know her, she’s been in the news lately because of a very public contract dispute with the BET television network. […]
Contracts are an indispensable part of doing business. Yes, handshakes and verbal agreements will work in some rare instances, but having a written contract is the best way to protect your business from potentially unscrupulous companies and people. If a contract dispute does come up and your contract is sound, you’ll have nothing to worry […]
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. […]
