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What Is Succession Planning in Business Law?
Business succession planning is essential for ensuring the smooth transition of ownership and management when key company employees retire, leave, or pass away. Without a clear plan, businesses face uncertainty, disruption, and failure. By implementing a well-structured succession plan, business owners protect their companies’ long-term stability and continuity. The Importance of Succession Planning One key…
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What Is Mechanic’s Lien Enforcement?
Contractors, subcontractors, and suppliers rely on timely payments to maintain their business operations when working on a construction project. However, when payment disputes arise, a mechanic’s lien provides a legal tool for these parties to secure compensation for their work or materials. If you are in Maryland and dealing with a construction payment dispute, understanding…
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How Is Child Custody Determined in Divorce?
The legal complexities surrounding divorce can feel overwhelming — and when you need to determine child custody, the situation becomes much more challenging for all parties. If you need help working out a fair and equitable custody arrangement with your ex-partner, the experienced and compassionate Annapolis divorce lawyers at Oliveri & Larsen can help you…
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Maryland General Assembly Passes and Rejects Proposed Condominium and HOA Laws
The Maryland General Assembly has recently made significant changes to the statutory laws, both passing and rejecting several proposed bills that will have a profound impact on condominiums and HOAs across the state. Here are the key changes. Bills Passed by the General Assembly Effective October 1, 2024 Bills Struct Down by the General Assembly…
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What Is Insurance Procurement?
For business owners in Maryland, understanding insurance procurement is crucial for protecting their assets, ensuring business continuity, and mitigating risks. Insurance procurement is the process of identifying, acquiring, and managing the insurance policies necessary to safeguard a business against potential losses. In this blog, we will explore what insurance procurement entails, why it is important,…
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What Is a Property Disclosure Statement?
When buying or selling a home in Maryland, one document stands out for its crucial role in the transaction: the Property Disclosure Statement (PDS). This legal document serves as a comprehensive account from the seller to the buyer, detailing the condition and specifics of the property in question. Understanding the PDS is essential for all…
