In this guide, we’ll provide you with free tools and templates to get your Tennessee LLC operating agreement started. Individuals attempting to file an LLC in Tennessee should first ensure that their operating name is available and distinct in the Secretary of States records. Any duplicate or deceptively similar names will be rejected by theirMore

Novation occurs when A and B are party to an agreement and B ‘transfers’ its obligations and rights under the agreement to C, such that C can be said to ‘step into the shoes’ of B, with a resulting contractual relationship coming into effect between A and C. Corporate transactions such as mergers and acquisitionsMore

Read the employment agreement thoroughly, and ask someone you trust to check that it is reasonable. Our new Employment Agreement Builder helps you create contracts tailored to your business and to each person you employ. Its packed with tips to help you decide what to put in your agreement and what NOT to put in.More

The importance of having a contract agreement in a business transaction can never be overstated but many interior designers overlook this important part of their proposal and majorly depend on verbal or friendly-handshake agreements. Many of us have been guilty of this oversight and have learned grave lessons from its consequences. These Decorator Terms &More

In the business world, rights of first refusal are commonly seen in joint venture situations. The partners in a joint venture generally possess the right of first refusal on buying out the stakes held by other partners who leave the venture. Similarly, a ROFO gives non-selling shareholders in a shareholder agreement the right to purchaseMore

Thirty-five years ago we had a one page AOS. Yes, we needed changes and those worked out better for everyone. However, now this needs to end. But guess what . the biggest problem is coming really soon. Amazon, Zillow, Trulia, etc. are the huge factor that nobody wants to face. Our industry will soon beMore

The dual purposes of totalization agreements are met in different ways in different agreements and make it essential to understand the concept and specifications of each individual home-host covenant. Many totalization agreements follow the same general pattern of contribution and time requirements. Below is a description of the types of agreements entered into by selectedMore

As a real estate investor, it is necessary to be well-versed in the various real estate agreements and contracts that you will use throughout your career. These contracts are designed to serve your best interests, such as protecting your investments and minimizing your liability and risk. It is also helpful to have an understanding ofMore

A company’s share structure can often be found in the company’s Articles of Incorporation. For instance: a company has a vesting schedule of four years. One employee decides to resign after two years of employment. The company has the right to repurchase the stock back from the employee. This encourages employees to stay for aMore

A treaty is an official, express written agreement that states use to legally bind themselves.[8] A treaty is an official document that expresses that agreement in words; it is also the objective outcome of a ceremonial occasion which acknowledges the parties and their defined relationships. There is no prerequisite of academic accreditation or cross-professional contextualMore