| Restrictive Covenants |
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| Restrictive covenants are deed provisions that set forth a unique set of rules applicable to given properties. Often the original builder or developer implements the restrictive covenants when a neighborhood is first developed. Generally speaking, the purpose of restrictive covenants is to ensure a standardized appearance for a specific area. Another purpose of restrictive covenants is to control specified activities within the area. More... |
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| Preparation for Construction Claims |
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| Construction claims are so prevalent and diverse that preparation for the inevitable should be a part of each contractor's normal business routine. Though the source and nature of each claim is not known, contractors do know when the performance of their work is impacted or when events, circumstances, or situations arise that are outside the realm of the contractual provisions contemplated by the parties. In these instances, the contractor should collect any pertinent information and documentation that would support its actions or assist in the defense of any potential claims. More... |
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| Sharecropping |
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| Generally speaking, the term "sharecropping" refers to an between a property owner and another person whereby the property owner hires the other person to farm the property owner's land. In exchange for the person's labors, the person is entitled to receive a share of the crop or harvest. Over the years, however, many different forms of sharecropping arrangements have been developed between parties.
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| Security Deposits |
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| Very often, when a landlord and a tenant enter into a lease agreement, the landlord requires the tenant to make some type of payment to the landlord in addition to the first month's rent. The payment serves as security that the tenant will return the leased premises to the landlord, at the end of the lease term, in substantially the same condition as when the parties entered into the lease agreement. More... |
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| Land Installment Contracts |
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| A land installment contract, also known as a contract for deed, is a financing mechanism where title to real property remains in the seller until the buyer has paid the sale price of the property in full. The buyer is required to pay the sale price in installments over a period of years. More... |
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