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Intellectual Property Basics
These comparisons to board games might help you understand patents, trademarks and copyright - the main forms of intellectual property. Imagine a game rule that says, you can make up a new rule. If the banker allows the rule, you get exclusive use it for 20 tur...
What is a Limited Liability Corporation?
In US law, corporations are organizations authorized to act as a legal entity. US law also recognizes another legal status for a company, called a 'limited liability corporation', or LLC for short. LLCs are not separate legal entities like regular corporations, but ...
What is an S Corporation?
In US law, corporations are organizations authorized to act as a legal entity. US and state tax laws allow a special 'S Corporation' tax status that changes how corporate taxes are handled. The government taxes regular 'C' corporations directly on their profits, und...
Understanding Tenant Rights
Renting home or business space from an owner comes with legal rights and responsibilities. The landlord can't do 'anything they want', and neither can the tenant. Federal, state and local laws all apply. Under the Federal Fair Housing Act, tenant applications can't ...
Eviction Rights and Rules
The conditions and steps involved in a landlord forcing a tenant to leave a rented property - 'eviction' - are defined by state and local laws. As both landlord and tenants have legal rights, eviction requires methodical and documented steps. Unpaid rent would seem ...
Rental Application Rights
A landlord renting a property has rights in selecting a tenant. Tenants also have rights about the factors that can be considered in selection. While most landlord-tenant issues are governed by states and localities, Federal fair housing laws apply to tenant selecti...
What is Litigation?
In US law, one party can bring a lawsuit against another party in court. In civil cases, the party bringing the suit -- called the plaintiff -- generally claims to have incurred loss through actions of the other party - the defendant. In criminal cases, the state --...
How Can I Determine My Housing Needs Before I Begin The Search?
Like the video shows, your home should fit the way you live, with spaces and features that appeal to the whole family.
Before you begin looking at homes make a list of your priorities - things like location and size.
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Probate Basics
The legal distribution of assets and property left by someone who has died is called 'probate.' It is a process of law, involving government and courts, that ensures proper and legal distribution of their assets. Even if the deceased person had a legal will, pr...
Understanding Wills and Trusts
A will is a written document that defines how your assets will be distributed after you die. Trusts are legal arrangements that involve a separate legal entity to hold and distribute assets -- during your life, after your life, or both. As an alternative to wills, t...