Question: I want to be clear if the one year Non-compete clause could affect me in the future in taking on similar roles with other companies. How broadly would they be able to claim competition to them? Florida law provides that non-compete clause is valid if it is necessary to protect a business’s legitimate business […]
Read MoreMost timeshare companies retain the right of first refusal for most of their properties. If that is a case, each owner is required to submit their purchase agreement contract to the developer and ask for a waiver. The developer may decide to exercise ROFR to purchase the subject property, thus refusing the sale to the original buyer.[citation […]
Read MoreA resale value of a timeshare unit varies between the timeshare systems and properties. While it’s possible for certain units in certain timeshare systems to appreciate in value over time, this is a rather rare event. Most properties in most timeshare systems are worth a fraction of the original price after the purchase, and often […]
Read MoreU.S. Federal Trade Commission mandates a “cooling off period” that allows people to cancel some types of purchases without penalty within three days.[15] Additionally, almost all U.S. states have laws that specifically govern cancellation of timeshare contracts. In Florida, a new timeshare owner can cancel the purchase within ten days.[16] The law differs by jurisdiction as to whether out-of-state purchasers […]
Read MoreWhat is timeshare? A timeshare interest is right to occupy and use accommodations, facilities, or recreation sites. The three most common forms of timeshare interests are: 1) fee simple ownership in the underlying real estate; 2) lease or license arrangements permitting ownership rights for a specified period of time; and 3) point systems. In a […]
Read MoreWhen asked why they consider a prenuptial, many couples say they wish to make it in writing that the assets purchased prior to the marriage will remain personal. If this is all it is to be wished for, the prenuptial agreement is not necessary because in its absence, the law says the same. What property […]
Read MoreWhen you sign a contract offered to you as a “standard” prepared by an attorney, do you know what you are agreeing to? Unfortunately, many would say no. Many stop at the products/service and price, leaving the rest as if they are mandatory. “there is nothing I can do about it anyways” they say to […]
Read MoreDo you know it is not up to you or your employment to decide whether your worker is an employee or an independent contractor? Paying a worker a 1099 definitely saves you tax but do you know if you mis-clarify a worker as a independent contractor, you will be audited and fined? In order […]
Read MoreWhat is nonprofit organization? A nonprofit organization is one that qualifies for tax-exempt status by the IRS because its mission and purpose are to further a social cause and provide a public benefit. Nonprofit organizations include hospitals, universities, national charities, and foundations.To qualify as a nonprofit, your business must serve the public good in some way. Nonprofits […]
Read MoreWhile you can file USCIS forms yourself, many people prefer to have legal representation. If you are looking for legal representation, the following are guidelines to keep in mind. An authorized legal representative must be either: or An authorized legal representative is allowed to: We recognize that the immigration process can be complex and that […]
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