Most people have a general understanding that borrowing money requires the payment of interest. When you inspect the terms of a loan for real estate, you should see the interest stated as a percentage. This is the amount you pay back to the lender in addition to the...
Purchasing a business or other commercial asset in Florida can be a complex process that requires extensive research. Before signing any contract, buyers must conduct due diligence to ensure they are not making an uninformed decision. This includes researching the...
Wage garnishment is a process where a person's income is legally diverted to resolve a debt. In Florida, when a person has their wages garnished, the court mandates that their employer withholds a specific portion of their income and sends it to the creditor or the...
Business owners in Florida are rightfully concerned about the security of their intellectual property. This includes trade secrets, copyrights, trademarks and patents. These are items that business owners have worked very hard to develop. When they are threatened,...
If you are a Florida business owner, you understand how important a good reputation is to your customers. However, someone can undo all of your good word of mouth if they lie or make false statements about you and your business. Your business may be entitled to...
Florida businesses need to be aware of various laws that protect them. Since fraud is so rampant, knowing key parts of the law such as the statute of frauds is a fundamental aspect of operating a business and being shielded. What is the statute of frauds? Under the...
With Florida's beautiful beaches, rich culture and vibrant nightlife, it's no wonder why so many people want to live and work in this state. If you want to start a business in this state, you're entering a highly competitive commercial real estate market. That's why...
Owning commercial real estate in Florida may help you diversify your portfolio while generating income. Of course, that's only true if you can find tenants willing to occupy your buildings. To accomplish that goal, you'll need to know what it means to be a good...
A derivative action is when shareholders file a lawsuit against their own corporation. The lawsuit is a response to wrongdoing by someone within the corporation. The shareholders believe that the corporation is at risk and pursue legal action to recover damages or...
Florida is a state with more than its share of lucrative opportunities in business. However, it is also a place where people can easily fall victim to fraud. The more you know about the various types of scams, the easier it will be for you to keep to protect your...
