Non-competition, Non-solicitation, and Non-circumvention provisions frequently appear in employment agreements, but they also can be useful in joint venture agreements or in a contract for the sale of real estate or a business. Understanding the difference between these provisions and how each should be used is essential to protecting the parties' needs.
Read MoreSigning a legal document “under seal” can have significant legal consequences. Parties should be sure they understand and intend what it means to sign "under seal" before agreeing to contracts with that language.
Read MoreOn March 2, 2023, Prince Georges County, Maryland adopted a law which limits the coming year's multifamily rent increases to three percent.
Read MoreThe small city of Mount Rainier, Maryland recently adopted a rent control law, which limits annual rent increases to 60% of the CPI. Unlike many rent control laws, Mount Rainier's law also recognizes landlord needs by allowing landlords to request exceptions.
Read MoreIn addition to developing an ESG policy, real estate owners should continuously evaluate the effectiveness of their environmental initiatives and make changes as necessary to increase impact.
Read MoreThe pandemic changed how parties conduct business. Yet, many contracts include execution provisions developed in the 1990s. Read this article to learn how parties should modernized their contract execution provisions.
Read MoreThe Mrs. Murphy exemption to the Fair Housing Act applies to homeowners who rent out rooms in a residence where they reside. However, the exemption doesn't apply to all rentals or all discriminatory acts. Plus state and local laws may not recognize a Mrs. Murphy exemption.
Read MoreWhile rent control might limit the harsh impact of rent increases on tenants in the short run, rent control also can impede changes required for the industry to adapt to a new economic reality.
Read MoreMost businesses no longer regularly use fax or US mail. Yet, new contracts often allow notices to be delivered by those methods. Read our article to learn about notice provisions and for recommendations on how those important contract provisions can be modernized.
Read More2023 will be a time for real estate investors and managers to focus on fundamentals, such as rent growth, increased occupancy, and asset preservation. But investors with available cash may find investment opportunities where sellers facing balloon payments decide to sell.
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