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A lease or rental agreement sets the terms and conditions that renters and landlords abide by during their rental relationship. A few essentials may be easy to overlook as you make your property ready for tenants. These are some necessary clauses to help you protect your property and maintain a...
In most states, if you don't have a written lease agreement signed by the landlord and tenant, the courts will presume you have a month-to-month lease. Both the landlord and tenant are usually better off with a term lease set for a certain period of time, often 12 months. At...
An employment contract is a written contract between a company and an employee, legally binding them together. An employment contract is equally beneficial to both parties involved for several reasons, including: There are different employment agreements, and it's essential to fully understand them to choose the best one for your...
When you create a Last Will and Testament, be aware that there are specific legal requirements you must include in your document for it to be legally valid. These requirements vary from state to state, but regardless of where you live in the US, include: In most states, the minimum...
Selling your car to a private individual will almost always bring you more money than trading it in or selling to a dealer. However, a private sale also requires a bit more effort and paperwork. Don't let concerns about technicalities keep you from getting the most for your vehicle. This...
A , or covenant not to compete, is a common provision in an employment agreement that prohibits an employee from leaving your company and going to work for a competitor for a certain period of time. Depending on your specific circumstances, this document can either save or cause your business...
As you begin your estate plan and , you might have concerns over how to quickly and easily provide for loved ones and possibly avoid the hassle of probate. If you own property and do not want to create additional stress for your beneficiaries, consider adding a to your plan....
One way to ensure your loved ones are provided for after your death is to assign beneficiaries directly to your financial accounts. Sometimes referred to as "beneficiary designation," this option lets your loved ones avoid the hassle and expense of probate court. One advantage of adding beneficiaries to your financial...
Estate planning provides you with much needed peace of mind as you go through the sometimes daunting after-life planning process. It ensures your assets are distributed as per your wishes and keeps your loved ones safe after you leave. Mistakes, however, can lead to expensive consequences. Understanding the different aspects...
When shopping in a retail store, the owner will hand over a receipt, or bill of sale, as proof of your purchase. This bill of sale contains all the details of the items that you've bought. Similarly, a bill of sale document serves the same purpose when purchasing properties, buildings,...
If you dream of owning a home or upgrading your business space, you'll likely find yourself property hunting at some point. With any luck, you'll end up finding the perfect space to suit your needs, which means building a landlord-tenant relationship and creating a lease agreement with them. A lease...
One of the most anxiety-inducing tasks that managers and HR reps face is terminating an employee. Not only do you need to worry about potential legal ramifications, but you also have to deal with the guilt of taking away a person's livelihood. Firing somebody is unlikely to be the highlight...