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What Is a Letter of Intent?
A Letter of Intent (LOI) is a formal document that outlines the intentions of two or more parties before finalizing a contract. Parties often use a letter of intent to establish a framework for future agreements. It may cover topics like business acquisitions, leases, joint ventures, or employment arrangements, among other transactions. By clearly stating…
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What Is Breach of Contract in Real Estate Litigation?
In real estate, contracts are the backbone of most transactions. Whether you are buying, selling, leasing, or developing property, a contract ensures that all parties know their rights, responsibilities, and obligations. However, when one party does not uphold their end of the agreement, it may result in a breach of contract. Understanding what constitutes a…
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How Does Social Media Affect My Divorce?
Going through a divorce is often a challenging and emotional experience. Social media plays a significant role in many people’s daily lives, and it can have unexpected impacts on divorce proceedings. Understanding how your online presence affects your divorce can help you navigate the process more smoothly and protect your interests. Social Media as Evidence…
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Appeals Court Upholds Buyer’s Right to Cancel Purchase Agreements
In a recent case in the Florida Court of Appeals, it was determined that a buyer has the right to cancel a purchase agreement on a condominium if the seller does not deliver documents provided by the Florida Condominium Act (FCA), including past the scheduled closing date. This scenario mirrors what might occur in Maryland.…
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What Are Common Types of Real Estate Disputes?
Real estate disputes can arise for a variety of reasons, and they often create significant challenges for property owners, buyers, and sellers. These conflicts can disrupt transactions, damage relationships, and lead to costly legal battles. Understanding the common types of real estate disputes is key to knowing how to address them effectively. At Oliveri &…
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What Is a Non-Compete Agreement?
Roughly one in five American workers is subject to the terms of a non-compete agreement. Many end up trying to get out of their business obligations under the agreement because they are so restrictive. Courts will sometimes decline to enforce the terms of the agreement and rule in favor of the employee. However, an employee…
