What Is Mechanic’s Lien?
What Is A Mechanics Lien? from Becky Pintar A mechanic’s lien is a security interest in a property’s title. Learn more about mechanic’s lien in this presentation.
Does Your Spouse Have to Sign Loan Documents for a Business Loan or Personal Guarantee?
When you start a business or grow your company, you may need to borrow funds. When your venture is a brand new one, the business probably does not have credit or collateral. This means that there are going to be very few financial institutions, if any, that will provide a loan to the business alone. You will need to take on the loan personally or co-sign for the loan in order to get the funds you need. When you borrow money in your name for your company.. [Read More…]
How Do I Know When My Parent Needs a Guardian?
Many medical conditions can affect a person’s ability to make decisions on his own behalf. Everything from drug addiction to brain damage from an accident to dementia can cause someone to be of unsound mind and unable to make informed decisions in his or her own interest. Unfortunately, many of the medical conditions that affect cognitive abilities become significantly more likely as people age. If your parent has begun to experience mental health issues caused by physical or mental illness, this may be a sign your.. [Read More…]
What is a Trademark?
Your business works hard to establish its brand and you want to ensure customers have an easy way to recognize it. Once you have developed a brand identity and have a distinguishing mark or symbol your customers will recognize, you want to ensure you protect both the brand identity and the mark that denotes it. A trademark provides you with the opportunity to register a mark or slogan as your own and to prevent others from using it without your permission. A trademark can be registered.. [Read More…]
What is a Payment and Performance Bond?
During a construction project, a contract is created between a builder or contractor and a developer or property owner. The contract must contain many clauses including specifying what work is to be performed, how it is to be performed, and how it is to be paid for. While the contract should be detailed to protect everyone’s interests, you cannot guarantee neither party will breach the contract. As a result, in some construction contracts, bonds are required to ensure the contract is performed and the subcontractors paid… [Read More…]