“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…
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…
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…
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:…
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…
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…
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…
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…
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…
