The Basics of Oral Contracts Verbal contracts, or oral agreements, are both more ambiguous and more straightforward than a written contract. They can cover any agreement between two parties, whether social or business-related, that the parties can communicate but cannot or do not want to put down on paper. A contract, in the terms of […]
Guaranteed Maximum Contracts 101: The Ultimate Guide
What is a guaranteed maximum contract? A guaranteed maximum contract (also known as a maximum cost contract) is one of several types of contracts used in construction. As a basic definition, a guaranteed maximum contract is an agreement between two parties by which one party agrees to perform work up to an agreed amount. It […]
Navigating the Laws for Window Tint on Cars in Illinois
Illinois Window Tint Requirements When it comes to the legalities of tinting car windows in Illinois, the law is fairly straightforward, with one notable exception. Illinois law permits most passenger cars and trucks to have a maximum tint of 35 percent on side and rear windows and an unrestricted amount of tint on the windshield […]
How To Make Your Side by Side Street Legal In Ohio
All About Street Legal Vehicles In Ohio Making Your Side by Side Street Legal in OhioWhen it comes to meeting the street legal requirements in Ohio, it is accomplished through the use of several different modifications and legal requirements. You must have the required safety equipment, the right modification for headlights, taillights, mirrors, and horns, […]
Demystifying Non-Competition Agreements: Expert Legal Analysis
What is a Noncompete Agreement? A non-competition agreement, commonly referred to as a non-compete, is a legally enforceable contract between an employer and an employee that restricts the employee from entering into or starting a similar profession or trade in competition against the employer for a certain period of time after they leave the company. […]
A Definitive Guide to Project Labor Agreement Templates
What is a PLA? A project labor agreement (PLA) for a construction or infrastructure project is a collective bargaining agreement between contractors and labor organizations. In a PLA, the union and contractor agree to the terms and conditions of employment for all the construction workers hired to complete the project. Typically, non-union and union contractors […]
The Basics of Omnibus Agreements: Important Elements and Benefits
Omnibus Agreement Defined An omnibus agreement is a legally binding contract that includes a collection of various types of issues into one single agreement as opposed to multiple separate agreements. The purpose of the omnibus agreement is to avoid confusion or any discrepancies in how some issues are handled in a particular situation. Sometimes the […]
Essential Legal Handbook for Every Tenant
Tenant Rights Demystified The rights of tenants can be complicated and may vary from state to state. However, there are some basic principles that all tenants should understand.Privacy RightsTenants have a right to privacy in their homes and may not be entered without permission, "just cause" or an "emergency." An emergency provides a landlord with […]
HUD Repayment Agreement Guidelines: The Definitive Guide
HUD Repayment Agreements Overview An essential part of the Department of Housing and Urban Development’s ability to provide affordable, low-income housing across the nation is the use of repayment agreements upon default of these agreements. These arrangements facilitate a number of HUD activities, including:The housing industry as a whole is impacted by HUD’s repayment agreement […]
Agreements for Transfer of Ownership Explained: What to Include and Best Practices
What is an Agreement for Transfer of Ownership? An Agreement for Transfer of Ownership, popularly known as a Sale Deed or simply a Sale Agreement, is a written document signed by the seller and the buyer of a property, as a transfer of ownership rights from the seller to the buyer to a specific property. […]