A construction contract exists between a client who wishes to build or rebuild a new structure and a general contractor. The agreement describes the scope of the general contractor`s work, including payment and subcontracting fees for all tasks associated with the completion of construction. All details of the work Read more…
“I am pleased that the rights and interests of the traditional owners are now being recognized by transferring the reserve with warnpurru Aboriginal Corporation, and that the area is being renamed Pila Nature Reserve to reflect the traditional language and its cultural significance. The management priority is to preserve Read more…
At the same time, California law requires that an arbitration agreement contain certain conditions to be enforceable. For example, the employer must pay all costs of arbitration, including arbitrators` fees, which can easily amount to tens of thousands of dollars. And an arbitration agreement cannot limit an employee`s rights Read more…
As in many other parts of the financial world, repurchase agreements include terminology that is not common elsewhere. One of the most common terms in the repo space is “leg”. There are different types of legs: for example, the part of the buyback agreement in which the security is Read more…
While the parties have managed to work well together on secondary issues, divergent philosophies about the fundamental economy of the game have created a gap in the negotiations that has barely moved. The parties have yet to find common ground, and the coming months of spring training are likely Read more…
Lead paint – A federal law that requires all landlords to disclose to their tenants only if the unit was built before 1978 that the existence of this color may pose a danger if exposed. A tenant who reasonably fears for their safety or their child due to sexual Read more…
However, a serious undervaluation of the property and an extremely inadequate consideration in itself do not determine whether a transaction is unscrupulous. For example, in one case in Ontario, an owner agreed to sell an option to sell his property for $1.00. The owner later learned that options to Read more…
What service fees can be charged? Are employees entitled to a service fee on vacation days? Employers are required to disclose the total amount charged as a service charge in the previous month and the amount eligible as a service charge to employees who worked that month. This information Read more…
In general, all cash inflows related to a long-term debt instrument are recognised in the balance sheet as an expense on cash assets and as a credit on the debt instrument. When an entity receives the full capital of a long-term debt instrument, it is reported as a cash Read more…
The agreement must be submitted to MCA in how many days? Is there a penalty for delaying the submission of the same? The Instant article serves as a reference on stamp duty rates in partnership agreements and LLP agreements. It should be noted that the Partnership Deed and LLP Read more…