Archived
What is the best agreement to have amongst family and friends for a startup if they invest money for a % ownership?
Teri's answer
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Answered on December 31, 2014
If they are "investors", they'll typically get an interest in the company - there are lots of ways to do this, but it's usually not a great idea. ...
Archived
How can I stop my Daughter from getting a title loan? Willis Texas resident.
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Answered on December 29, 2014
I suggest you sell the car and give her whatever she is owed out of the proceeds. Then, you can cancel the insurance without worrying about...
Archived
Legal Professional Corp (P.C.). If being licensed (lawyer) is a prerequisite, what happens if the PC owner is suspended?
Teri's answer
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Answered on December 15, 2014
The suspended lawyer cannot practice, but the PC continues to exist. It's possible that the PC has an attorney employee who is not suspended, and...
Archived
I cant get my landlord,excuse me"slumlord" to fix anything.
Teri's answer
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Answered on November 26, 2014
The Property Code procedures are set out on www.texastenant.org If you follow the procedures, you can either remedy the problem yourself, and...
Archived
HOW CAN I FIND OUT IF MY EX WIFE HAS A $350,000.00 LIFE INSURANCE POLICY ON ME? I DIDN'T KNOW ABOUT IT UNTIL A WEEK AGO.
Teri's answer
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Answered on November 26, 2014
If she has an insurable interest in you (such as being dependent on you for income, or perhaps child support) she can get an insurance policy. I'm...
Archived
Does a landlord have to give a renter 30 days notice to move out if there is no contract?
Teri's answer
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Answered on November 26, 2014
If you're paying rent monthly, you have a month to month verbal lease, which means that either of you needs to give 30 days notice of termination. ...
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Archived
Is a verbal agreement legal if one party is elderly and has dementia
Teri's answer
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Answered on November 17, 2014
Of course, there is an issue when one party is not competent. But even if there was a valid verbal lease, it could not be for more than a year,...
Archived
Renting out my house
Teri's answer
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Answered on November 06, 2014
Renting out your property can be relatively easy if you have a good property manager. That way you get to keep the property, and effectively have...
Archived
Which route do I take on nonpayment of loan in which vehicle was put up as collateral?
Teri's answer
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Answered on November 06, 2014
You've been offered the car that was collateral for the loan - take it.
Also - I recommend that you not file suit to collect on a loan with that...
Archived
Can contract be canceled without our signature?It says,Purchaser grants Seller the option to terminate Contract prior to closing
Teri's answer
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Answered on October 13, 2014
It depends on the terms of the contract. Some of the builder contracts allow the builder to unilaterally terminate the contract for their own...
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