California’s Assembly Bill (AB) 2460 introduces critical updates to existing Homeowners Association (HOA) election laws. This new legislation modifies Civil Code section 5115 and Corporations Code section 7512, focusing on quorum requirements and notice periods for HOA member elections. Key Changes Introduced by AB 2460 Under the previous law, a quorum was required in member…
HOA fraud is a serious issue that can harm communities and undermine trust within homeowners associations. Understanding the most common types of HOA fraud can help you recognize warning signs and protect your rights. Below, we explore various prevalent forms of fraud in HOAs and what you can do to defend against them. What is…
Creating business contracts on your own is certainly possible, but it’s important to weigh the risks and benefits carefully. While you can handle straightforward contracts yourself, there are situations where legal guidance can be invaluable. Hiring a lawyer might be the right choice if the terms are complex, if significant money is involved, or if…
Government contracts present significant opportunities for small businesses and entrepreneurs. However, these agreements are often overlooked by business owners despite the vast array of contracting options available from the federal government. Exploring Federal Government Contracts with the SBA The Small Business Administration (SBA) provides resources specifically designed to assist small businesses. Through the SBA’s programs,…
Understanding Contract Enforcement: Key Methods and Considerations Contracts enforced through litigation are the most common way to resolve disputes in commercial agreements. If the amount in question is below a certain threshold, parties may opt to settle the matter in small claims court, which is faster and less costly. Alternatives to Litigation Litigation isn’t the…
The Importance of Basic Contract Templates Entering into agreements involves a complex web of rights and responsibilities for all parties involved. Ensuring a fair and legally sound contract is crucial to avoid potential disputes and legal complications down the road. One valuable tool in this process is the use of basic contract templates, providing a…
A Contract Hiring an Independent Home Improvement Contractor Unfortunately, this is a phone call we receive far too often where a homeowner is in a situation seeking legal help against an independent home improvement contractor left with unfinished work, poor quality, overcharged, etc. A contract or written agreement could have avoided some of the suffering.…
A Real Estate Contract Contracts are used to close different kinds of real estate transactions and each agreement will vary accordingly. There are a few essential components to a real estate contract that you might want to become familiar with. If you understand the materials needed, you can then help ensure each agreement you enter…
What is a Contract or Agreement? A contract is an agreement that is binding and legally enforceable when adequately formed. This kind of arrangement is the most frequently used for legal dealings. It happens in nearly every case where something is sold or purchased. Some examples include contracts for the sale of goods, sale of…
Optimized by Seraphinite Accelerator