Collaborative divorce is like the most demanding older sister of mediation. Although the format is similar (with a series of out-of-court hearings), unlike mediation, the Texas Family Code requires lawyers to be present for both parties in a collaborative divorce. Most lawyers charge for their services by the hour, and they use their hourly […]
What Is Not Considered a Pro Forma Financial Statement
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You create a pro forma cash flow statement similar to a normal cash flow statement. This means taking information from the income statement and then using the cash flow statement format to record where your money is going and what you have on hand at any given time. This pro forma statement can be […]
What Is Good Faith in Criminal Law
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Due to the controversy surrounding the bona fide exception, some states do not apply it in their courts. Other States apply a limited version. This is because states have the right to grant their citizens greater freedoms under their own constitutions than those contained in the U.S. Constitution. If you think the exception could […]
What Is Common Law Marriage in Minnesota
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“The reason states like solemn marriages, legal marriages, is because there is a fine line: they are married or not. With the common law, it`s not that clear,” Zavos says. You always have to go and prove [your side] and there`s always that uncertainty. The law does not like uncertainty. The law likes clear […]
What Is an Assignment Contract in Real Estate
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Take the time to determine how much the property would realistically cost before and after repairs. Then add your preferred order fee. While it can be very tempting to ignore the non-commercialization rule, BE VERY CAREFUL. Buyers who are guilty of marketing a sub-rules assignment may be considered a violation of the agreement, and […]
What Is a Sister City Agreement
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Recently, Mayor Walsh welcomed Strasbourg Mayor Roland Reis and a delegation of city officials for a two-day program that included participation in the Boston Marathon and a visit to the Roxbury Innovation Center. While the reality is probably not as dramatic, the concept of twin cities is actually very inspiring and offers many possibilities. […]
What Is a Memorandum of Contract for Deed
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A memorandum can define the terms of the purchase such as the duration of the agreement or the monthly payment, but this is really not necessary. The very purpose of the memorandum is to inform the “world” that a property in question is the subject of a purchase contract financed by the seller. There […]
What Is a Day in the Life of a Private Security Contractor like
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It is important to remember that private military contractors are primarily trained to deal with potential conflicts, but do not pursue them as the front line of battle. Managers are generally very competent and well trained. They are natural leaders who are also good at delegating and managing other entrepreneurs. Either way, a lot […]
What Is 1003 Form
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Form 1003 also requires a borrower to disclose all monthly household income as well as regular monthly expenses. In addition, the form requires a detailed list of the borrower`s assets and liabilities to determine if they can afford monthly mortgage payments. This information applies to the 2020 version of the form. Make sure you […]
What Does Subject to Mean in Legal Terms
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To define the subject matter of the contract, the first step is to understand that a contract is a promise between two or more parties.3 min of reading Case law has largely smoothed, but not completely, the impact of the underlying legal concepts. For example, if one party grants the other party an option […]