by Eliot | Legal:
The conditions and steps involved in a landlord forcing a tenant to leave a rented property – ‘eviction’ – are defined by state and local laws. As both landlord and tenants have legal rights, eviction requires methodical and documented steps....
by Eliot | Legal:
Renting home or business space from an owner comes with legal rights and responsibilities. The landlord can’t do ‘anything they want’, and neither can the tenant. Federal, state and local laws all apply. Under the Federal Fair Housing Act, tenant...
by Eliot | Legal:
In US law, corporations are organizations authorized to act as a legal entity. US and state tax laws allow a special ‘S Corporation’ tax status that changes how corporate taxes are handled. The government taxes regular ‘C’ corporations directly...
by Eliot | Legal:
Deed In Lieu’ is a common short-hand term for this situation: a borrower can’t make loan payments, and hands over their deed to the property instead, so that the lender does not have to take the home. The full phrase is ‘deed in lieu of...
by Eliot | Legal:
These comparisons to board games might help you understand patents, trademarks and copyright – the main forms of intellectual property. Imagine a game rule that says, you can make up a new rule. If the banker allows the rule, you get exclusive use it for 20...