Does a contract mean we are BOTH obligated to do something? Yes! In most contracts, someone provides a service or product, while someone else pays for it. That payment can be in the form of money or goods and services of equal and acceptable value. A mutual obligations clause is essential to the development of […]
Understanding… Expectations… Agreement… Common Understanding… These are all terms that help explain the concept of the topic of this month’s blog post. To clarify, a meeting of the minds ensures a common understanding of contract terms and creates an aligned experience for all parties involved. As we have already discussed, there are five essential parts […]
Over the past couple of months, we have been exploring the five essential parts that create a strong, supportive, and enforceable contract for your business. Today we will dig into valid considerations, and why they are necessary to ensure a contract is effective. As a refresher, the five key contract components are: Competent Parties Proper […]
Contracts are crucial for managing many aspects of our everyday lives. From arranging finance to operating a business here in New Jersey, you will need to sign contracts. With that in mind, here are five essentials you need to be aware of in order to ensure a contract is valid. In the first part of […]
Contracts make up all aspects of our day to day lives. Whether you operate a business here in New Jersey, are buying or refinancing a home, or arranging financing on your new vehicle or appliance purchase, you will have to sign contracts. Most people, however, remain more than a little confused about what makes a […]
These days, it seems like you can try your hand at practically anything, thanks to the internet. You start browsing sites and can quickly become convinced that you can attempt anything. However, while this may be a valid approach to change a washer on your faucet, buying a home is a major purchase, so it […]
Title insurance is considered to be the most misunderstood form of insurance. Although property policies and other forms of insurance, such as life or auto-protect you against events that may occur in the future, title insurance provides protection against events that might have occurred in the past. This type of insurance guarantees the individual or […]
Non-compete agreements are contracts between employers and employees, in which employees agree not to enter into competition during or after employment. Employers use a non-compete agreement to prevent an employee from directly competing against them in another position, whether they start up their own business or work for a competitor within the same market. Non-compete […]
Whether you have been involved in a traffic accident or a slip and fall, when someone else has caused you harm, you may consider a personal injury lawsuit. However, it is important that you’re aware of the personal injury statute of limitations here in New Jersey, which sets a time limit on your rights to […]
One of the most daunting aspects of any legal proceedings is the terminology, and many people worry about what they do and do not need to comply with. One area of concern occurs during an Examination Under Oath, so here we’ll explore the scope of the questioning in more detail, so you can proceed with […]
