Archived
Can a board member in a Palm Beach County HOA also own the management company creating its costs to the community?
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Answered on November 02, 2019
A director owes a duty of care and loyalty to the corporation. The duty of loyalty means a director should avoid self-dealing. There is personal...
Archived
Subcontractor in Florida not paid by contractor in Texas
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Answered on October 21, 2019
When you commenced work, dId you serve a Notice to Owner? Did you sign a release of lien for any progress payments or as a condition of final...
Archived
What is SAM??
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Answered on October 14, 2019
The answer is “no”. Business organizations are governed by state law. In order to obtain a DUNS number you must provide various information about...
Do I need to register with sunbiz.org to be registered with Dun&bradstreet and SAM? What would be the advantages of sunbiz.org.
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Answered on October 12, 2019
If you had a Florida corporation registered with the Florida Department of State, Division of Corporations, and the entity was dissolved 17 years...
Archived
How do I proceed in removing a partner from my business?
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Answered on September 29, 2019
Generally speaking, a partnership is a consensual agreement between two or more persons to co-own a business for profit. Based on your 51/49 split,...
How can I dispute a Personal Guarantee claim?
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Answered on September 21, 2019
You may want to consult with a business law/commercial attorney. Suretyship and guaranties are enforceable if in writing. More information will be...
Archived
How do you legalize an operating agreement for a Florida LLC?
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Answered on August 06, 2019
An operating agreement governs the relationships of the members to each other and to the limited liability company. Although state law does not...
Can a non profit have under their unbrella a dba for profit?
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Answered on August 05, 2019
A DBA is a method that a business can operate under another name. It is not a separate entity. It is not possible for a not-for-profit to also...
Archived
Can we be sued for having signed a pledge to give husband's med school $100,000 by 2018?
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Answered on August 04, 2019
Whether there is a cause of action to sue you will depend, on part, on what your contract says. If you both signed an agreement to create an...
Archived
I live in Florida and want to start investing in real estate through another entity, What would be the best corporate structure?
Anthony's answer
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Answered on July 29, 2019
A popular form of entity for acquiring real estate for investment purposes is the LLC, but it is also a popular form of entity for other types of...
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