You bring on a contractor for your next development. They look at the project and give you a quote. It fits within your budget, so you tell them they’re hired. They quoted you the price, but when do you have to pay? Do you need to pay them upfront, or do you wait...
Year: 2020
How emails could help you prove a breach of contract
Contracts are fluid things that often change even after you reach an agreement with another party. Whether you provide customer services to business clients or have a supply relationship with a company that sources unique materials you need to make a product, your...
What are your options if you need to get out of your commercial lease?
When you signed the five-year lease for your space in a commercial office building, a mixed-use development or a shopping center, you never imagined that you would have any need or desire to leave before the term was up. However, things change. Maybe you need more...
The problem with a neighbor building over the property line
Whether you have a big, rural property or a tiny parcel within city limits, every square foot of your property contributes to its overall value. The size and location of your real estate can directly influence what you are able to sell it for in the future. Of course,...
Spot the “red flags” that potential tenant is trouble
One of the keys to avoiding issues with your residential tenants is simply to screen them as well as possible. It’s hard to find the “ideal” tenant that will never have a conflict, but you avoid high-risk tenants and help to lower the odds that a dispute will happen. ...
What are deceptive trade practices?
As a business owner, you may face allegations of deceptive trade practices from a customer who is displeased with your company. Now, these allegations may be completely false, but you still need to know what a deceptive trade practice is and what is not allowed by law...
What should you include in a contract?
Business arrangements often hinge on the contracts that outline the terms of the agreement. These written documents must contain specific information so that everyone knows what their duties are and what to expect from the deal. Most people know to include the...
Why non-compete clauses are a good idea for commercial real estate leases
If you are considering leasing space in a shopping center or other commercial development, a good move to make is to insist that a non-compete or exclusive use clause be inserted into the lease that you sign. The reason for this is pretty simple: You don’t want to...
Can you trim someone else’s tree?
Trimming trees is crucial for both the health of the tree and the safety of your family. Large, heavy branches overhanging a home, garage or yard can pose a serious threat. If a storm hits, how much do you worry about those branches coming down? If you do, you’re...
What are frequently asked questions about mechanic’s liens?
Texas laws protect contract workers, subcontractors and other parties in the construction industry. As someone in the industry, you know that working with such big amounts of money can cause serious trouble when there are problems with payment. A mechanic's lien is...