Steps to Prevent Infringement on Your Business Rights

Steps to Prevent Infringement on Your Business Rights

“Violating their contractual obligations! Engaging in unjust competition! Utilizing my confidential documents without permission!” These pleas for assistance are common among business owners. Running a business exposes you to a variety of challenges, some of which may require legal intervention.
The Importance of a Document Preservation Policy for Your Business

The Importance of a Document Preservation Policy for Your Business

The Importance of a Document Preservation Policy for Your Business As a business owner, the constant worry of potential lawsuits or legal demands shouldn’t hinder your ability to efficiently manage your company’s operations. However, it’s important to recognize that the
When Can a Tenant Legally Break a Rental Lease?

When Can a Tenant Legally Break a Rental Lease?

While a lease is a legally binding contract, there are several legitimate reasons for a tenant to break a lease early. Here are some circumstances under which you might be entitled to vacate the property before the lease’s expiration date:
Best Practices for Commercial Real Estate Leasing

Best Practices for Commercial Real Estate Leasing

Securing a physical space for your business is a significant expense, and a poorly negotiated lease can negatively impact your company’s profitability. Follow these best practices to reduce unnecessary costs when leasing commercial real estate: Hire a Lawyer Involve a
How Do the Terms of a Commercial Lease Operate?

How Do the Terms of a Commercial Lease Operate?

A commercial lease grants a tenant rights to use a commercial property. It is a legally binding contract that outlines the terms and conditions both the tenant and the landlord (often the property owner) must follow. Given that not every
When Can a Commercial Lease Be Voided?

When Can a Commercial Lease Be Voided?

Leasing agreements can be voided if they contain illegitimate terms. A void contract is considered invalid “on its face,” meaning it cannot be enforced by anyone. A voided lease is treated by the court as though it never existed and
When Can a Commercial Lease Be Voided?

Can a Landlord Keep a Deposit if a Tenant Breaks the Lease on a Commercial Property?

In most cases, if you are a tenant planning to leave a commercial property, you must provide your landlord with 30 days’ written notice. Failure to do so may result in the landlord continuing to collect rent from you even
Can My Commercial Lease Be Voided if the Property Is Sold?

Can My Commercial Lease Be Voided if the Property Is Sold?

When a commercial building is sold, tenants generally have rights that protect them from eviction. Typically, selling the property does not justify evicting a tenant. Here’s what to expect if you are a tenant in a building that changes ownership.
"In Default" and "Breach" in Contract Law

“In Default” and “Breach” in Contract Law

In general legal terminology, there isn’t much difference between a breach of contract and being in default. Both terms indicate that a party has failed to fulfill their contractual obligations. However, in contract writing, precise definitions are often provided for
Understanding Anticipatory Breach of Contract

Understanding Anticipatory Breach of Contract

What is Anticipatory Breach of Contract An anticipatory breach of contract occurs when one party indicates that they intend to default on their contractual obligations. This action allows the non-breaching party to terminate their obligations under the contract. The non-breaching
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