Disputes between business partners can be every bit as fractious and ugly as those between life partners. When you are married to someone, you can divorce them, but what about if you are merely business partners? Your options will depend on what you wrote in your...
Year: 2024
2 main categories for construction defects
There are many specific examples of construction defects that could result in a dispute. Some are based on aesthetics, such as when a construction company installs the wrong cabinets or the wrong flooring. Others are based on safety, such as when there are structural...
What is public use for the purposes of eminent domain?
Eminent domain allows the government to claim a person’s property and pay them a fair price for it if the property is needed for public use. This means that the government can’t just take property for any reason it chooses. While some may assume that public use means...
Can you challenge eminent domain?
It's one of those things that doesn't seem right. You have your property, which may have been in your family for years, and now the government is saying they will take some of it. But they'll be sure to compensate you. Thomas Jefferson stated that "A right to property...
How do you determine the value of real estate?
When it comes to eminent domain, one key thing to remember is that the government has to provide just compensation when taking someone’s private property. Eminent domains can often be used for public works, like the construction of an interstate or certain government...
Don’t be confused about condemnation
One of the most confusing terms associated with eminent domain actions by governmental agencies is condemnation. If you are like most people, you likely associate condemnation of properties as the legal process to destroy an unsafe, derelict property. But when...
Understanding the most common deeds in Tennessee
Most people don’t give much thought to deeds. To the extent they do, they often think a deed is the same thing as a title. A title is a legal concept of ownership, while a deed is a document that codifies that ownership and is necessary to transfer ownership when a...
3 things to consider before agreeing to a business partnership
Are you discussing a potential partnership that could benefit your business? Before you agree to any terms, you may need to make a lot of considerations, such as where you see a partner in your business. Here are a few things to consider before agreeing to a business...
Potential advantages of a business merger
The business word is competitive, and it’s important that company owners explore all possibilities for getting ahead. One popular route is business mergers. A merger typically occurs when one company (usually the larger entity) acquires ownership of another. What are...
What are the requirements of eminent domain?
Having the government take your property is enough to make anyone angry. After all, it’s land that you paid for. Or, in many cases, it has been handed down through decades, passing from one generation to the next. Unfortunately, it can, and it does happen. However,...