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Defeasance Clause | AutoTraffic The Supreme Court Butchered the Disqualification Clause
That clause bars former officeholders who participated in “insurrection or rebellion” from holding future public office. To overturn that ruling, the justices held that the states can’t ...
read more Nondisturbance Clause: What It Means, How It Works
A nondisturbance clause is a provision in a mortgage contract that ensures that a rental agreement between the tenant and the landlord will continue under any circumstances. This is done primarily ...
read more Tax Reimbursement Clauses: What They Are And Why You Need To Know
I write about charitable giving and estate planning ideas. To understand the use of a tax reimbursement clause you need to first understand what a grantor trust is and how it works. When a trust ...
read more What is an acceleration clause for mortgages and real estate?
Your loan agreement lays out a payment schedule, sure, but it also includes an oft-overlooked acceleration clause that allows your lender to demand repayment of your entire loan balance at once.
read more Understanding Escalation Clauses in Real Estate Contracts
Including an escalation clause in your real estate purchase contract can help keep your offer competitive while avoiding paying more than you need to secure the deal. Here's how these clauses work.
read more How Do Non-Compete Clauses Work? Are They on the Way Out?
I have never used an actual signed employment contract, but wonder if I can have a non-compete clause, limiting an employee from working in a similar type of a restaurant within, say, 50 miles?
read more What Do No-Contest Clauses Have to Do With Undue Influence?
Another is to include a no-contest clause that disinherits all claimants if they lose their challenge or for even filing the challenge in the first place. The no-contest clause can be a powerful ...
read more Muzzle clauses in consumer contracts seek to silence negative reviews
In October in Clark County District Court, West filed a lawsuit against Fast Fit over what he calls a "muzzle clause" in the company's contract. "It is illegal and deceptive in our state," West said.
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