Smart Use of Smart Tech in Commercial Real Estate: Wiretapping Laws

“Smart” technologies are being implemented into real estate operations. Cameras which previously were monitored by closed circuit TV now may be streamed into web storage. These cameras can recognize faces and may unlock doors for known individuals. But some cameras also place property owners at risk of wiretapping violations.

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Unfinished Music and “Unfinished” Contracts 

Wolfgang Amadeus Mozart and Franz Schubert both died in Vienna while still in their thirties. Each left an unfinished work which has become a staple in the classical music repertoire. Likewise, contracting parties may leave contracts incomplete or "unfinished."

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Replacing Bow Hair and Contract Provisions

String players may rehair their bows several times a year, because the type, quality, length, and condition of the bow hair impact the sound a violin produces. Sometimes contracts must be amended to replace the original contract language.

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Swapping Violin Bridges and Contract Parties

Despite the bridge’s conspicuous position on the top of the violin and its importance to the sound produced, non-violinists aren’t likely to give it a second glance. The same is true of successors and assigns clauses in contracts. The language isn’t hidden; yet, contracting parties may not even read them before signing the contract.

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The Art of Legal Drafting

The study of law in the U.S. is treated more as a science than as an art. Law school requires that students learn hundreds of legal concepts, much as a musician would learn mechanically how to play an instrument. A good amount of the study of law involves memorization of rules – court rules, equitable maxims, statutes, and regulations.

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An A Isn't the Same for Everyone — Why Regulation A+ Might be a B or C for Real Estate Funds

In 2015, the US Securities and Exchange Commission (SEC) adopted what has become known as Regulation A+. Like transposing instruments, Regulation A+ was designed to make it easier for small businesses to raise new capital. Yet, just as an A played on alto clarinet sounds like a G, Regulation A+ doesn’t provide an A+ solution for all businesses or issuers.

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Preparing Your Business for the New Year—Do You Have Extra Tubas?

After stealing more than 30 tubas and sousaphones from schools during winter break, the thieves didn't hold onto the instruments for long. They found demand for used tubas among banda performers. However, business owners may find it more difficult to unload their heavy baggage as they move into the new year.

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Recognizing Tax Collection Scams

A few weeks ago, I received a voicemail on my cell phone from someone who said he was with the IRS. He claimed I owed past due taxes and that I needed to call back immediately to prevent criminal prosecution for tax evasion. Fortunately, I recognized the call as a common tax collection scam.

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Signature Blocks and How They Affect Contract Validity

Many people do not pay attention to signature blocks or how a contract is signed. The signature may not match the signature block or the signature block, itself may not be correct. Sometimes, parties never assemble a fully-signed contract and are at a loss when the contract must be produced in a dispute.

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A Bill of Sale and Proving Violin Ownership

In the 1960's, Genevieve Veder donated the Duke of Alcantra Strad to UCLA, which loaned the valuable instrument to violinist David Margetts, who lost it. When the instrument surfaced 27 years later,  another violinist claimed that she was the rightful owner because UCLA did not have complete documentation showing its ownership. Documentation showing change of ownership is equally important in real estate transactions. 

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