In situations where joint management is involved, there is a possibility of deadlock if the managing members or managers do not agree. The company agreement should anticipate this possibility and identify ways to deal with it. In some cases, the decision could be left to one party and some disputes could be resolved through…
Consideration for the lease must be established, which may take the form of: (a) money; (b) a monetary value, for example. B a share of the harvest; (c) the services or other valuables to be provided to the transferee on a regular basis or on specific occasions by the transferee. The consideration can be…
Lease agreement with option to purchase – A combination of a standard lease and a purchase agreement. Used to rent houses to tenants, while giving them the opportunity to buy the rent at the end of the rental period. Federal law requires all states to include certain requirements in all leases and leases. All…
It can be difficult to understand how land leases work. But if you are a landowner or potential tenant interested in land lease, it is imperative that you understand. To help you get started, here`s a fantastic overview of the most important things you need to know about land leases. Land leases are not…
A recent case decided by the Iowa Supreme Court asks another question: In a public service, does a faint hope agreement need to be approved by the board of directors or the Public Service Commission before it is effective? The Court answered the question with «no». Employers usually try to retain current employees because…