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Clear contracts are one of the best ways to prevent construction disputes. Whether you’re a contractor, subcontractor or property owner, understanding which clauses to include in your agreement can make a significant difference. Below are a few key contract terms that...
Residential and commercial real estate transactions typically take weeks to complete. Even the fastest purchases usually require more than half a month to reach the closing table. When there is financing involved, the need for inspections and underwriting can lengthen...
Business partners should observe the terms of their partnership agreement. This includes contributing to the business by performing the required duties and making agreed-upon financial contributions. A partner who does not contribute to the company may be breaching...
It is important to draft a partnership agreement when going into business with someone else. One of the common reasons for this document is that it helps define ownership shares. Many partnerships are split 50-50, but not always. That said, why does the ownership...
In the construction industry, a project is only as strong as the people working on it. When a subcontractor fails to meet expectations -- whether through subpar workmanship, missed deadlines or contract violations -- their approach can result in costly delays and...
As a landlord in Texas, one of the most critical aspects of your job is ensuring that you comply with fair housing laws. A single misstep can lead to discrimination lawsuits that can be costly, time-consuming and damaging to your reputation. Here are some tips that...
All business activities in Texas are regulated by contracts. Contracts outline the rights and obligations of all parties. For the most part, the terms of a contract are honored and business goes smoothly. Unfortunately, that isn’t always the case. Contracts can be...
Some property defects are obvious and easy to identify. Even people without any training may notice cracks in the drywall or aging light fixtures during their initial tour of the property. They can then factor those defects and any issues reported by the seller on...
Residential leases require that the tenant pay the rental payments on time and follow the rules of the lease. If a tenant stops making payments for the rent or breaks other lease terms, the landlord may opt to evict the individual. Evictions in Texas are highly...
It is no small feat for a business to successfully navigate the maze of commercial litigation and emerge with a judgment against a debtor. However, the battle does not end with the court’s decision. The real challenge begins with enforcing the judgment and collecting...
