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When starting a business, choosing the right business formation plays a crucial role in your company’s success. Understanding the four main types of business formations helps you make an informed decision that aligns with your business goals. Sole proprietorship A...
Insider trading allegations can have severe financial consequences for any corporation, leading to immediate financial repercussions and long-term damage to the company’s reputation. For anyone involved in corporate operations, understanding these impacts is important...
Starting a business involves several important decisions, one of which is choosing the right business entity. A business entity is a structure that defines how a business organizes itself, operates, and which taxes it uses. Understanding the primary purpose of a...
When a franchise fails, it creates several issues that need prompt attention. In New Jersey, both the franchisee and franchisor face specific challenges and responsibilities. What happens to the franchisee? If a franchise fails, the franchisee, or business owner, may...
An option to purchase clause in a rental contract allows renters to buy the property they are renting at a later date. This clause outlines the terms and conditions under which the tenant can exercise this option. It's important to understand how this clause works to...
Eminent domain allows the government to acquire private property for public use in New Jersey. Understanding this process may help property owners navigate their rights and responsibilities. Government's authority The government can use eminent domain to take private...
A 1031 exchange, derived from Section 1031 of the Internal Revenue Code, serves as a tax-deferral strategy in real estate. This approach can prove highly advantageous for commercial real estate investors in New Jersey, enabling them to defer capital gains taxes and...
Starting a new business comes with many decisions, one of the most critical being the choice of business structure. In New Jersey, many entrepreneurs decide between an S corporation (S corp) and a C corporation (C corp). Each offers distinct advantages and drawbacks,...
Prescription errors can cause serious health problems for patients. Understanding why these mistakes occur is important for anyone struggling after an instance of medical malpractice. Various factors contribute to prescription errors, some of which may seem less...
A triple-net lease is a commercial real estate lease. In this lease agreement, the tenant pays for three important expenses in addition to the rent. These expenses include property taxes, insurance and maintenance costs. This kind of lease is often used for properties...