While there’s no concrete answer to how long a lawsuit process might take in court, US cases take over a year on average, and cases running 5 or more years are not unheard of. The load of cases before state courts has increased over time, and staffing has not. Statistically, most litigation is not completed… Continue reading Alternatives To Litigation
In US law, one party can bring a lawsuit against another party in court. In civil cases, the party bringing the suit — called the plaintiff — generally claims to have incurred loss through actions of the other party – the defendant. In criminal cases, the state — whose legal representative is called ‘the prosecution’… Continue reading What is Litigation?
Picture this agreement between two players in a board game: ‘If you land on my property 10 times, pay $5 more each time, and then you can buy it for $200.’ The first player still owns the property for those 10 turns, but the second player has secured a set price and (potentially) first-in-line status… Continue reading Rent-To-Own Agreements
A landlord renting a property has rights in selecting a tenant. Tenants also have rights about the factors that can be considered in selection. While most landlord-tenant issues are governed by states and localities, Federal fair housing laws apply to tenant selection. Landlords must apply legal selection standards equally to all applicants. Tenant applications can’t… Continue reading Rental Application Rights
The conditions and steps involved in a landlord forcing a tenant to leave a rented property – ‘eviction’ – are defined by state and local laws. As both landlord and tenants have legal rights, eviction requires methodical and documented steps. Unpaid rent would seem like a common and simple cause for eviction, but tenants have… Continue reading Eviction Rights and Rules
Renting home or business space from an owner comes with legal rights and responsibilities. The landlord can’t do ‘anything they want’, and neither can the tenant. Federal, state and local laws all apply. Under the Federal Fair Housing Act, tenant applications can’t be rejected based on race, color, religion, age, sex, national origin, family status,… Continue reading Understanding Tenant Rights
A landlord owns property that is rented or leased to someone else – the ‘tenant’ or ‘lessee.’ Both responsibilities and rights for landlords are defined by law – usually state and local codes in the US. Responsibilities for landlords may cover property, contract, and tenant issues. Rented properties must meet safety requirements and other municipal… Continue reading Landlord Rights & Responsibilities
In US law, corporations are organizations authorized to act as a legal entity. US and state tax laws allow a special ‘S Corporation’ tax status that changes how corporate taxes are handled. The government taxes regular ‘C’ corporations directly on their profits, under corporation-specific laws. Individual income tax only applies to money that owners receive… Continue reading What is an S Corporation?
In US law, corporations are organizations authorized to act as a legal entity. US law also recognizes another legal status for a company, called a ‘limited liability corporation’, or LLC for short. LLCs are not separate legal entities like regular corporations, but they do provide some legal protections for owners. LLCs can be insured separately… Continue reading What is a Limited Liability Corporation?
These comparisons to board games might help you understand patents, trademarks and copyright – the main forms of intellectual property. Imagine a game rule that says, you can make up a new rule. If the banker allows the rule, you get exclusive use it for 20 turns. If others like it, they must pay you… Continue reading Intellectual Property Basics