The terms included in a contract clarify what obligations parties - including businesses – have to one another. Whether a company hires a construction firm to perform work, the contract negotiated governs the business relationship between the two parties. Typically,...
Performing a construction project for a homeowner is a rewarding experience for a contractor. However, this satisfaction can quickly turn to frustration if the homeowner is not willing to pay for the work performed. It’s unfortunate that even when a project is...
Homeowners associations (HOAs) are tasked with creating and enforcing rules to protect a homeowner's investment in a planned community. Anyone who lives in a neighborhood governed by a HOA should ensure they understand what these associations are permitted to do and...
In North Carolina, selling real estate involves a series of "mandatory" disclosures designed to inform potential buyers about the condition and history of a property. These disclosures are crucial for providing transparency and ensuring buyers make well-informed...
People start or purchase businesses as a way to generate revenue. Profitable companies can have value on their own in addition to providing income for those who own or operate a business. Unfortunately, running a business comes with a significant amount of liability...
If you’ve found a problem with your home caused by how it was built, your entire investment in your house is at risk. An improperly laid foundation can jeopardize the entire structure, for example. A poorly installed roof can cause extensive water damage. North...
People often say that contracts are the lifeblood of a business. It is certainly true that written agreements dictate a company's revenue and obligations to a great extent. However, contracts don't always guarantee performance by the parties involved, and mistakes or...
Maybe you had to hire an outside expert for a project you wanted to complete for a client. Perhaps the project was an internal one, like remodeling your office space. When your business hires a contractor to do a job, you expect them to follow through and complete the...
When you decide that you want to go into business, one of the first steps you need to take is the selection of your business form. The entity that you create for the purpose of doing business will influence everything from your personal liability to the taxes that you...
When you execute a contract with another party, you should be able to trust that they will follow through with what they promised your company. Unfortunately, some businesses and contract professionals will breach their agreements with your company, leaving you in an...
