Are quit claim deeds between parties good enough for proof of ownership or does a person need proof of sale?

Generally, a quit claim did conveys perfectly good title. I am assuming that all deeds have been recorded. If you have valid deeds, you should be...

First, almost by definition a subsidiary is a corporation or a limited liability company. Depending on the nature of your business ventures, I...

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I would like to sell new used and vintage books at the flea market what are the steps I need to take to be a legal business?

You can probably sell at the flea market without any formalities. However, in my view you are best served by establishing a limited liability...

Is a non-compete agreement enforceable if it precludes me from working in my industry for one year in exchange for 40 hrs. pay?

The traditional rule is that a non compete must be reasonable in terms of time and geography. As noted earlier, public policy disfavors non...

Does a lease cease to exist once a commercial property is sold? Can an LLC be evicted if it was not a party to the proceeding?

There are a number of details that are missing here. First, was there a lease between the LLC and the landlord? Unless the less provided...

I have been teaching property law in law school for many years and each year address this issue with my students (as well as with clients, of...

Business Contract

This is an area in which my colleagues and I do a great deal of work. Our practice is national. Of course on the front end you will wish to...

Hello, How do I change a deed on a property that is currently in my name into a formed LLC or Corp.?

There are two issues here. First, you can simply execute a deed from John Smith to XYZ Company, LLC. That is the easy part. However, if there is...

You need an experienced business lawyer who understands the nuances of LLC's and the applicable statute. Issues are governed by the operating...

Question on operating agreement for an LLC

Generally assets are owned by the LLC and not by any indivdiual. I do put a clause in the operating agreement that states that, though, pointing...