A Joint Venture Agreement allows two or more entities to combine to do business without the formality and commitment involved in forming a partnership or other similar entity. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one [...]
Read More »A Standstill Agreement is an agreement between two business entities that are contemplating entering into a transaction together and desiring to prevent one another from negotiating a similar transaction with a third party during the period of negotiations. For example, in negotiations for a merger or acquisition, the target and the purchaser may enter into an agreement where [...]
Read More »A Quitclaim Deed is used to tranfer an interest in real estate. It does not include any promise or guarantee by the person who is making it (called “Grantor”) regarding the quality or nature of that interest, or even if any interest exists at all. In effect a quitclain deed makes no warranties or guarantees as [...]
Read More »That’s actually a pretty easy answer. A Power of Attorney allows a person (called the “Grantor” or “Principal”) to authorize another person (referred to as “Agent” or “Attorney-in-fact”) to act on his or her behalf in different situations such as a a legal or business matter. There are different types of Power of Attorney [...]
Read More »A General Warranty Deed is a type of deed used to convey an interest in real estate by a seller who guarantees that the title conveyed is good and its transfer rightful. The guarantee made in the deed is not limited to the time the grantor owned the property, but will extends back to the [...]
Read More »Letters of Recommendation are letters where a writer describes the capabilities and qualities of an individual that is being recommended for a job, for school or other situation. Generally they are addressed to a particular entity making the request. Some types of Rrecommendation Letters include: Recommendations for Academic Programs, Scholarship Letters of Recommendation and naturally Recommendation [...]
Read More »A General Release is used by an individual claimant (the “Releasor”) to release all claims against another individual or company (the “Releasee”). This type of form can be useful for settling a claim for minor damage to a vehicle, minor damage to property, damage caused by a pet or a child, etc…).
In order for the Release [...]
A Will, sometimes known as a Testament or even as a Last Will and Testament is a documents that distributes the assets of the person making the Will (the “Testator”) as specified by the Testator. A will is also used as the instrument in a trust. Generally, any person over the age of majority can [...]
Read More »A Non-Disclosure Agreement (NDA), sometimes also called Confidentiality Agreement or Secrecy agreement, is a legal contract used where one party (the “Discloser”) will disclose its confidential information to someone else (the “Recipient”) and the Recipient agrees not to divulge this information to others. In simple terms, it is a contract through which the parties agree [...]
Read More »A Residential Lease Agreement, also known as a House Lease Agreement, or Residential Rental Contract is a form used by landlords to rent out real estate based on the fact that someone will be living there.
Any agreement, involving a piece of property should always be in writing. The writing should include: (i) a description of [...]