A lot of first-time landlords run into trouble with the Fair Housing Act at the very start -- right when they list their property for rent. Many of them may not even realize that they're actually being discriminatory in their ads.
If you're a new landlord (or even an experienced one that needs to brush up on your knowledge), here are some tips that can help you avoid problems when you list your rentals:
Copyrights are an essential part of protecting your interests -- especially if you are in a creative industry. Your copyright gives you full control over your original work -- without having to be concerned that someone else will claim it as their own or duplicate it without your permission.
However, there are plenty of times that people decide that they want to either give away their copyright or sell it. Like any other form of property, the ownership of a copyright can be transferred to someone else. It's just important (for both parties) that the process by carefully documented.
The articles of incorporation for your limited liability corporation (LLC) are a basic blueprint of your business itself and a contract between all of the owners, shareholders and the state government.
However, your articles of incorporation (along with things like your by-laws) may need amending from time to time to reflect the reality of your business or meet legal requirements. The process for doing this isn't entirely simple, and it needs to be handled properly in order to avoid a serious misstep.
Business owners and operators know they can be held liable if an employee is injured while working on the jobsite, which is why many companies and corporations go to great lengths to ensure that their workers are properly trained and are working in a secure environment. However, businesses also need to make sure that they are providing their customers with a safe environment.
Possible radiation exposure at Grand Canyon Museum highlights need for customer safety
It's every landlord's nightmare: You have a tenant that's troublesome and breaks the rules or just won't pay -- or you purchased a foreclosure property at auction that's still occupied -- so you go through all of the appropriate steps for an eviction. The proper notices are served, and you wait. And... the occupant refuses to leave.
Some homeowners who have lost their houses in foreclosure seem to think that a passive-aggressive response to an eviction will allow them an indefinite rent-free stay where they are. Tenants in rental properties can be just as difficult. When an eviction fails to get a response, you have to take the next step: requesting a judgment of forcible entry and detainer. This essentially means that the occupant is illegally on the property and gives you the legal right to (eventually) remove them.
When you get a loan in order to purchase a home, you have to sign both a promissory note and a mortgage.
It can be tricky these days to get through a job interview without making mistakes that can get your business in trouble. That's why it's important for small business owners to have a clear understanding of what you can and cannot ask a prospective new hire in a job interview.
Here are some tips you can use to make sure you keep the hiring process legal and avoid charges of discrimination:
You need to be careful, thoughtful, detail oriented and diligent, so you arrive at the right terms for the contract. You’re going into business, and as such, you’re relying on suppliers and partners to operate in your best interests. That’s why a comprehensive contract is so vital.
An entrepreneur or sales-oriented business leader can get so excited about the concept, product or service that he or she loses track of the necessary details for operating a sound business. Therefore, you need to include all the important details and relevant language in the contract. Otherwise the contract is not enforceable, and the business is at risk.
If you're in construction, sooner or later you're bound to encounter someone who doesn't want to pay up after a job is done. A mechanic's lien can come to your rescue.
Mechanic's liens essentially allow you to place a hold on the property. Once properly filed and recorded, the property cannot be refinanced, used to secure a loan, sold or transferred until the lien is paid or otherwise removed.
Small businesses come up for sale all the time -- and they can be attractive to people who have an entrepreneur's spirit but don't necessarily want to go through the hassle of starting a business from scratch.
Before you bite on that attractive offer, however, make sure that you aren't making any of these mistakes:
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