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What Are the Most Common Types of Business Law?
Navigating the world of business is akin to embarking on a thrilling journey. It is filled with opportunities and challenges, triumphs and trials, and countless decisions that shape the course of your venture. One such critical decision is understanding and adhering to the various business laws governing your operations. This knowledge is not just about…
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Navigating Legal Challenges: Top 5 Legal Issues Faced by HOAs
Understanding the dynamics of HOAs is essential for any homeowner living in a residential community governed by such an association. These entities, often responsible for maintaining communities’ aesthetic appeal and functional harmony, can become a source of numerous legal issues. Disagreements Over Rules and Regulations One of the most common points of contention between homeowners…
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How Much Can a Business Lawyer Cost?
Legal considerations are an integral part of the process when running a business. From contracts to compliance, a business lawyer can be an indispensable asset. A business lawyer is responsible for ensuring that your business operates within the confines of the law. They handle a wide range of tasks, including drafting contracts, assisting with incorporations,…
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Whom Does an HOA Lawyer Represent?
An HOA is a private association often formed by a real estate developer for managing and providing services to a residential subdivision, condominium, or townhome community. It is a separate legal entity, much like a corporation. It has its rights and responsibilities distinct from those of individual homeowners. An HOA lawyer does not represent individual…
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How Do I Protect My Intellectual Property?
Intellectual property (IP) can be a foundation for significant monetary rewards. Yet, it is vital to set up adequate protections when it has that kind of value. As technology evolves, safeguarding IPs is more complex than ever. Copyrights A copyright is used to protect written and artistic work. Once enacted, it lasts for the creator’s…
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What Are the Study Reserve Requirements in Maryland?
The Maryland House Bill 107 was passed in 2022 and established statewide funding and reserve requirements for condominium associations, cooperatives, and HOAs to undertake regular reserve studies of common area components. The bill is in response to the Champlain Tower South condominium collapse in Surfside, Florida. The new legislation mirrors what was similarly passed in Montgomery…
