Current Regulations in the United States In the United States, the ownership of law firms by non-lawyers is generally prohibited or restricted. Each state and territory has its own regulations regarding the practice of law and the ownership of law firms within its jurisdiction, often promulgated by the state’s bar association. A common theme in…
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What is common law marriage? Common law marriage is when two individuals are deemed to be married by living together in a marriage-like state, despite the absence of a formal marriage and/or marriage license. Generally, for there to be a common law marriage, there must be an agreement between both parties to be married, and…
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Identify Both Your Rights If a contractor has been sent to your property to perform repairs or services, you may have certain rights, and remedies, even if there is no written contract. Your rights may be based on an implied agreement as a result of you having a conversation with the contractor where the services…
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What is a rental agreement? The rental agreement is intended to govern the relationship between a landlord (lessor) and a tenant (lessee) under a lease of real property (Chapter 55, Article 2 (Sections 55-201 – 55-209 NM Stat). This legal document is essentially a contract; it establishes what rights the property owner has against the…
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What is a Third-Party Contract? In business, a third-party contract is an agreement between a company and an external entity to carry out a task or service that either empowers efficiency, productivity, or helps mitigate risk. These contracts can be known by various names, such as sales contracts, service agreements, or liability waivers. They are…
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Overview of the Kin Care Law California’s Kin Care Law, for a long time, existed only in the form of a regulation. But starting January 1, 2017 employees with paid sick leave in California have also had rights under California law—either SB 579 or AB 2260—in addition to those under the sick leave statute, CFRA,…
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The Louisiana Residential Agreement Overview Understanding the Louisiana Residential Agreement to Buy or SellThere are many ways to buy or sell a house in Louisiana. But in order to legally bind a seller or a buyer, you have to use the Louisiana Residential Agreement to Buy or Sell. This is a standard real estate form.…
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Idaho’s Motorcycle Laws At a Glance In each of the 50 states, motor vehicle laws set out basic rules and regulations for vehicle operation. There are also separate laws for individuals who want to operate motorcycles. Idaho’s motorcycle laws focus on the basic safety, registration and licensing requirements that all riders must comply with to…
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The Legal Liability Risk Management Institute Explained The Legal Liability Risk Management Institute is the non-profit membership organization that was created in 2003 by a group of risk management, insurance and legal experts. With the mission of improving insurance coverage and claims handling practices, as well as balancing the scales between large insurance companies and…
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What is an Operating Agreement for S Corp? The S Corp operating agreement is the founding document of a corporation that has elected S Corp status. Although not a requirement, many states and most banks and other financial institutions require an operating agreement for an S Corporation. Further, operating or by-law agreements are usually required…
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