When your company enters into a contract with another party—a customer, client, or vendor, for example—both you and the other party are obligated to fulfill the provisions of that agreement. If either party fails to fulfill any of the conditions in the contract, a breach of contract has occurred. What’s the Next Step After a Contract Breach? So, after a contract has been breached, what
To be an effective phoenix real estate attorney, you must be knowledgeable in real estate transactions and litigation. Many attorneys are limited to one area of expertise and do not have the experience to litigate complex real estate cases effectively. Attorney Stephen J. Anthony has over 25 years of real estate litigation experience. He has successfully represented homeowners, landlords, tenants, investors, developers, builders, contractors, subcontractors,
Two common types of small business formations are corporations and limited liability companies. If you have multiple owners of either type of company, it is important to make sure that the ownership structure is clearly defined and clearly understood by all shareholders or members. Operating agreements are used for limited liability companies with multiple members, and shareholder agreements are used for corporations with multiple shareholders.
Whether you’re about to purchase a new condo or sell your current home, there is a lot to learn and paperwork to sign. One of these critical documents is called a seller’s disclosure. A seller’s disclosure, also known as a property disclosure, is a document that sellers are legally required to provide buyers. This piece of paperwork will include all the undisclosed details related to
Buyers Be Aware of the Use by Sellers of “As Is” Clauses or Warranty Disclaimers When Purchasing Property in Arizona When selling a property, the property’s condition is often a focal point in the negotiation. Buyers want certain assurances or warranties that the property is in good condition, while sellers want to limit their liability exposure. One way for a seller to limit their liability
From catastrophic defects to contractual disagreements, disputes come in many forms. When things go as planned, commercial buildings lead to significant profits. However, high reward often comes with high risk, and if things go wrong, commercial projects can lead to serious disputes leaving you with long-term legal troubles. This article will outline several common construction legal disputes to look out for when working with commercial
The Arizona real estate market may be booming, but that doesn’t mean that you should ignore the potential of legal disputes. Failing to do so could result in costly litigation or, even worse, loss of property rights entirely. To avoid legal disputes when buying or selling residential real estate in Arizona, keep these tips in mind at all times. 1. Buy Property From a
Depending on the location of your home, boundary disputes are common in the real estate market. What do you do when a neighbor crosses your line and starts working on their property? How can you legally establish your property boundaries? What should you do if there’s a dispute over where one person’s land ends and another person’s begins? These property line legal disputes can have
What are the Most Common Causes of Commercial Real Estate Litigation in Arizona? Commercial real estate litigation can occur in many situations. However, the most common causes of commercial real estate litigation are breach of contract, commercial real estate finance disputes, commercial lease disputes, negligence or breach of duty, specific performance, boundary disputes, real estate partnerships or joint venture disputes, and property insurance and land
Commercial real estate businesses in Arizona should hire litigation lawyers when they discover a legal problem. Ideally, they should work with legal representation early on to avoid problems. If you do file a lawsuit, Arizona commercial real estate lawyers can help you build a case strategy. In this article, Anthony Law Group describes eight everyday situations where you need an Arizona commercial real estate attorney.