This is all negotiable. You need to agree on the terms of the sale and then memorialize them in writing.

Does establishing an LLC, then electing S-Corp for tax purposes mean that the LLC now must follow S Corp rules and regulations?

I haven't checked CA law, but one reason to form an LLC (and elect to have it treated as an S Corp) over just forming an S Corp, is flexibility....

I work for a licensed non-profit organization called Sammys Superheroes. The current logo is very similar to Superman logo.

Warner Bros and its predecessors have spent millions -- billions? -- of dollars creating value in the Superman shield -- after paying almost...

I have just signed a personal guarantee and lease for a second location. Can I still separate the two businesses?

You'll need to review the terms of the guarantee and may need the permission of the beneficiary of the guarantee.

What are the required terms for a business loan agreement between myself as an individual and my company?

At a bare minimum, the loan agreement should include the parties, the date, principal amount, the interest rate, if any, the terms of repayment and...

Is it legal to finance a mortgage in one person name when the deed is in another persons name.

It should not be possible.

It depends on the terms of the plan. 401(k) plans are only permitted to make distributions at certain times. But first of the year is certainly...

Is my new job opportunity a violation of my non-compete agreement?

Typically, a non-solicitation agreement would prevent your from soliciting employment, but would not prevent a prospective employer from contacting...

I am currently involved in a r.e.transaction and I am working with a bank selling REO should the buyer and I have to sign a NCND

Are you a broker? If so, you'll want an agreement so that you're paid your commission. I'm guessing that the bank does not want you to disclose...

Does a land lord have to provide specific notice as to why a lease will not be renewed in the state of NJ?

No.