What is a Secured Transaction?
A loan or a credit transaction generally involves a contract between the lender and the debtor/borrower. The contract specifies the amount being borrowed or the credit available in the case of a revolving credit line. The loan agreement also specifies things like the interest rate and the consequences of late payments or non-payments. There are different types of loans and credit transactions including both secured and an unsecured transactions. A secured transaction differs from an unsecured transaction because the borrower pledges some type of collateral. This.. [Read More…]
Do I Really Need to Worry About a Property’s Environmental Past?
Investors or developers interested in purchasing a piece of property need to do their due diligence to make sure the investment is financially sound. This means making sure that the zoning will allow you to put the property to its desired use, and making sure that the property has clear title. It also means making sure that there is no environmental damage to the property that could affect its subsequent use. It is necessary to worry about a property’s environmental past because there are serious risks.. [Read More…]
How Do I Know if a Material Breach Has Occurred?
Contracts are created every day among individuals and in the business world. Some contracts are negotiated by the parties, who bargain for what they want out of the transaction. Many other contracts are take-it-or-leave it contracts where a business creates a contract and a consumer can either agree to its terms or back out of the transaction. For example, a negotiated contract may be created when two different businesses bargain over the terms of a sale of raw materials for production, while a cell phone contract.. [Read More…]
Free Report: What is the Difference Between a Material Breach and a Non-Material Breach of Contract in Nevada?
In Las Vegas, individuals and businesses routinely enter into contracts. Contracts make commerce possible because they allow parties to order goods or to make arrangement to obtain services with the assurance that the other party will follow through and fulfill his end of the bargain. Topics covered in this report include: Material vs. Non-Material Breach of Contract Distinguishing Between a Material and a Non-Material Breach The Importance of Determining a Material vs. Non-Material Breach Click here to read the whole article or download the PDF.
What Can You Do If Your Spouse Won’t Let You See Your Kids?
For parents, the inability to see their children can be devastating. Unfortunately, children sometimes are used as weapons during a separation or divorce. If you are not getting along with your spouse, he or she may try to withhold the children from you. Your options in this situation vary depending upon the circumstances. If you already have a custody agreement in place, then your spouse must abide by the agreement. If you do not have a custody order or parenting plan in place and your spouse won’t let.. [Read More…]