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What Are Common Mistakes in Drafting a Business Contract?
In order to do business, you need to have contracts in place. What happens if those contracts are written improperly? This can lead to all sorts of problems down the road, so it is important to draft your contracts carefully with a lawyer. Here are some of the most common mistakes people make when drafting…
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What Should I Know Before Buying a Condominium?
Buying a condominium is different than buying a house. If you are purchasing a condominium unit in Maryland, you should know about the legal requirements involved in this kind of real estate transaction. The seller is required to provide you the “Resale Package.” The Resale Package includes the following: The seller is also required to…
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Can an HOA Enforce Payment Fees in Maryland?
Residents and homeowners associations (HOAs) have specific rights and responsibilities. Residents are liable for fees and charges that arise while they own their property. HOA fees have an important purpose. They cover a range of services that make the community safe and clean and can include everything from waste and snow removal to maintenance for…
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How Is Business Ownership Transferred in Maryland?
To transfer business ownership to another person in Maryland, you must first determine the appropriate type of transfer that is best suited for your situation. You have several options, each with their own pros and cons. While a business sale may be the most common option, it is not the only one. One option is…
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What Is Property Easement?
An easement is a legal agreement between two parties that gives one person the right to use another person’s property for a specific purpose. For example, if you have an electrical easement, it means that your neighbor has the right to run power lines across your property. In Maryland, there are three different types of…
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How Do You Start an HOA?
Homeowners associations (HOAs) regulate issues that affect an entire housing community. Those issues include things like property maintenance, security and safety, snow removal, and other services that may not be provided by local government. HOAs are rapidly growing in popularity, as homeowners appreciate the stability and convenience of a single, governing entity. They ensure homes,…