How can Ferndale FL business lawyers help you with general business and real estate matters in Florida?
Ferndale FLORIDA BUSINESS LAWYERS
Florida business contracts.A contract is an oral, written, or digitized agreement between two or more parties outlining terms for parties to make a legal “exchange of something” – a consideration. Florida Courts allow freedom to form and negotiate most contracts without government intervention, but it is a wise practice to utilize the services of Ferndale Florida contract lawyers to make certain all intended details are included in those contracts. The intent of parties to a contract must be spelled out to avoid confusion about what is expected of the parties in order to satisfy the contract. Business lawyers in Ferndale Florida can explain the differences between legal contracts that can be oral, but are better as written instruments, in the event a dispute arises and one, or both of the parties is dishonest about what they said. Written contracts also protect and outline legal action in the event there is a breach of duty caused by extenuating circumstances.
Elements of a valid Florida contract.
- A stipulated start and end time, including length of the contract, and signatures proving agreement of consideration and process of delivery.
- Naming jurisdiction as to wherea dispute will be resolved; indicates which state’s law will be used to decide the dispute.
- Parties to a contract must be named and linked with their associated business entity if there is one.
- Purpose of the contract includes consideration, or the amount, or benefit the parties will exchange for their unique demands.
- Delivery of goods or services will be named in the contract along with a timeline.
- Compensation is the payment for completing the delivery of a good or service.
- Terms and conditions include a scope of work, the outline of what one party expects of another.
- Consequences of breach result in the liability assigned to each contracted party if they breach, or fail to deliver upon the agreed terms.
Ferndale Florida corporate lawyers are valuable in setting up legal profit and not-for-profit entities in the State of Florida. They can advise individuals on the best corporate structure for their mission, keeping in mind tax structures at the state and federal levels. They can also advise on board governing bodies and corporate ownership, including assigned shares to be privately held, or publicly sold.
Business contracts between companies.
Florida contract attorneys can be instrumental with business associations where entities cooperate and engage in joint endeavors for comprehensive results and market share. There are instances where companies must divulge internal information about the company’s procedures, processes and strengths and weaknesses to complete a joint endeavor. Ferndale Florida business attorneys can draft non-disclosure agreements utilized in these circumstances to keep corporate information out of competitors hands, and as a precaution to secure trade secrets.
Ferndale FLORIDA REAL ESTATE ATTORNEYS
Florida Division of Real Estate.
Real estate attorneys in Ferndale FL can be largely effective in seamless transactions of Florida property sales. The Florida Division of Real Estate oversees legal action and overall governance of Florida property sales, including complex commercial real estate transactions, that are best undertaken with the assistance of trained Ferndale Florida commercial real estate lawyers. Real estate brokers and appraisers are supposed to be properly trained, but it is always best to hire real estate lawyers who are well versed in the nuances of real estate law when purchasing residential property, or commercial property in Florida.
Business valuation including real estate.
When a business owner decides to sell, experienced Florida business attorneys can help owners determine the market price based on annual revenue, earnings, and physical assets, including real estate and equipment minus any debt. If intellectual property is connected to the business, such as patents or other partnerships, that value must be figured in as well. Commercial real estate attorneys in Ferndale FL can be quite helpful with business valuations for small businesses, and a team of attorneys may be involved if the company is publicly traded.
Defects to property must be disclosed to a buyer from the seller and/or the seller’s agent in a real estate transaction in Florida. When full disclosure by a real estate agent is not met, causing someone to buy a property with a latent defect, a complaint should immediately be made to the Florida Real Estate Commission as the licensing body for realtors. An experienced real estate attorney in Ferndale FL can help with the formal complaint process surrounding the sale, based on absence of full disclosure of property defects.
A skilled Ferndale Florida homeowner’s association attorney can guide property owners and homeowner’s association boards with legal advice, or preparation of documents necessary to inform the property owners within an association of the governing rules and directives of the community. HOA lawyers are instrumental in matters related to board governance, potential homeowner’s purchase documents and commercial developers interested in setting up shared living corporations, requiring homeowner’s association rules, regulations, and corporate by-laws. Homeowner’s association lawyers can also initiate litigation whenever necessary regarding the collection of unpaid dues, or special assessment purchases, and related property liens.
The assistance of a Ferndale FL foreclosure attorney is most necessary when individuals, or businesses are at risk of losing their home, or business property. Foreclosure is the legal action by a mortgage holder to recover the amount of money owed on a loan by taking ownership of a property and selling it. Foreclosure actions can move swiftly, or be dragged out for years in some cases. When a property owner utilizes the services of an experienced foreclosure lawyer in Ferndale Florida, they may exercise legal options to save their property, or delay its sale.
It is wise to seek the assistance of an experienced business attorney to prepare and file corporate documents, and business contracts that safeguard a business from negative consequences, and initiate legal action when it is required. Attorneys at Legal Counsel, P.A. can also assist with Ferndale Florida business and residential real estate transactions and litigation when necessary.
Legal Counsel, P.A.
189 S. Orange Ave., Ste. 1800
Orlando, Florida 32801