In most cases the seller assigns the contracts to the purchaser. This is normally binding unless the contract had a clause that prevented the party...

Does a verbal agreement bear any weight when it comes to real estate?

It is unfortunate that this agreement was not put in writing. An agreement for real property normally must be in writing to be binding. There are...

Renting comm. property in CO with no lease. Building sold, new owner gave verbal 18 day notice to vacate. What are our rights?

You need to contact an attorney immediately. On the promise by the prior landlord, an oral agreement (what people incorrectly term verbal) to lease...

Incorporating Delaware vs. Nevada - privacy and ability to limit personal liability in case of suits.

To your additional information, you stated at the outset that you anticipated taking 25% of a 100 million dollar business. If that is the case then...

Incorporating Delaware vs. Nevada - privacy and ability to limit personal liability in case of suits.

As to state of formation, you are best off selecting the entity in your state of residence and where you do business. The claims about Delaware or...

When dissolving a partnership, and splitting off into 2 companies, what happens to debt to investors?

You need to get a local business attorney right now. You say that you got investors in this business. If that is the case, then I hope your...

As a general principle, if the secretary of state, state attorney general proceeded, or judicial action resulted in an involuntary dissolution this...

What is the policy for life insurance pay off in the event of a suicide after two years of having the policy?

Review the policy terms. Often suicide is excluded from coverage. DISCLAIMER—This answer is for informational purposes only and discusses...

I have an expired contract with an investment group and they are not paying me back..what can I do?

You need to contact a local litigation attorney to see about filing suit to collect. It is important for you to do this soon as you may have...

Contract Question

You can have an agreement with the sales people to prevent this action. Contact a local business attorney and they can advise your business and...