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What Is a Land Lord’s Lien?

Most commercial leases include a Land Lord’s Lien Clause and many business owners don’t understand that magnitude of it. A Land Lord’s Lien is generally a clause written into a...

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Contract Tip: What is an Assignment Clause?

Let’s say that you are planning your wedding reception and you contracted with a particular ice sculptor because of his demonstrated ability to sculpt intricate, life-size ice replicas of the...

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What is a Business Succession Plan?

The unthinkable has happened.   On the way home after work, a business owner was involved in a tragic accident and did not survive.  The next day over at the workplace,...

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What is a Certificate of Good Standing?

No matter how old we get or how many businesses we own, we are never free of the dreaded “Report Cards” of life. As adult individuals we must concern ourselves...

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Contract Tip: Top 6 Problems in Contracts

No one likes to pay a lawyer, but it’s always good practice for a small business owner or leader to hire an attorney to review contracts before signing them. Even...

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What is Consideration in Contract Law?

In previous blog articles, we talked about Exceptions That Can Void A Contract and How to Get Out of a Contract. Both of these articles touch on a very important...

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A Contract Can Save You from a Bad Actor

We keep a freshly stocked box of tissue on every conference table in our primary offices in Albuquerque. The reason for this, is when someone comes into our office, it’s...

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The Faux Contradiction of Contracts

Just the other day, I picked up my daughter from school. She announced to myself and my other daughter in the car at the time, that she “made friends with...