Commercial lease agreements in North Carolina and around the country often include terms that limit noise or other disruptive behavior, and tenants may face legal consequences when these conditions are ignored. An office building landlord in California recently filed a breach of contract lawsuit against the coworking company WeWork because other tenants complained about construction noise that was allegedly so loud it made conducting normal business impossible. The litigation is the latest in a string of setbacks for WeWork that began in August with a failed initial public offering.
Buying a foreclosed home can help you save money on the purchase, which is a real plus to real estate investors and house-flippers. However, these transactions are quite different from traditional home sales, and it's important that you enter into the process fully informed. Forbes explains a few things you should expect when buying a foreclosed home
Closing on the home of your dreams is an exhilarating experience, that is until something goes horribly wrong. Unfortunately, there are a lot of issues that can prevent a closing from going through, and it's important that you're prepared for any last-minute hangups to ensure you're able to purchase the home you've chosen. Zillow.com explains a few of the most common closing issues and what you can do to avoid them.
Non-disclosure agreements (NDAs) are an essential component of doing business for many entrepreneurs. The sharing of information is often necessary when hiring new employees or taking steps to find funding, but you want to rest assured that your valuable ideas are kept secure. The following are a few instances where having a valid and binding NDA is an absolute must.
Contracts are the lifeblood of contractors in North Carolina, but as with any agreement between two or more parties, there is always the chance that something will go wrong. To protect yourself in case of a breach claim, you may want to consider alternative dispute resolution methods that may keep you out of the courtroom should a problem crop up. At Triangle Law Group, our team is well-versed in construction contracts and ways that contractors can minimize the risk of litigation.
When homeowners or property owners commission a construction project, they often have high expectations. If there are any delays on the project, it is easy for both parties to grow stressed and perhaps even pursue legal action.
Anytime you are drawing up a new contract with subcontractors for a project in North Carolina, chances are you follow a process to guarantee that you do not compromise the protection of your investment or the success of your project. At Triangle Law Group, we have helped people to better understand contract law and the components that are an integral part of a well-crafted agreement.
No one who buys a house in North Carolina wants to discover a nasty surprise in the home like a moldy wall, a heater that is faulty, or cracked flooring. Sellers also want to avoid unpleasant surprises, since a buyer who finds problems before a sale might insist on a lower price due to the home's issues. To prevent a good deal from going down, buyers and sellers alike should consider having the home they want to sell or buy inspected before a purchase is finalized.
Throughout the country and in North Carolina, home prices have been soaring. Because of the historically hot housing market, bidding wars have become the norm rather than the exception. High demand combined with low supply makes it important that a buyer know right away how to win a bidding war when it comes to buying a home.
Whether buying or selling a home in North Carolina, determining if there is a lien on the property is crucial. A lien is an unpaid debt that is associated with a property title and it can cause quite a few problems to new or existing owners. Realtor.com explains how to search for a lien, and what you can do if you discover one during your search.