A letter of intent, or LOI, is a non-binding document that starts the negotiation between two parties that want to do business.
The intent of the notice is to permit creditors to settle accounts and recover any amounts due. The published notice to creditors must appear for a certain number of consecutive newspaper issues, with the exact number set by statute. Likewise, there are statutory limits set for how long after...
While oral notice, as when an employee declares an intent to leave a job, can be a form of actual notice, written notice is recommended for liability reasons. An employee might tell a supervisor about plans to leave work and agree to follow up with a formal written notice restating this ...
A "lien" is a notice that attaches to your property, telling the world that a creditor claims you owe it some money. Liens usually attach to real estate. But they can also attach to personal property in some situations. They're typically part of the public record, filed with a county ...
A contractor's lien is a statutory right that allows a person or a company to file a lien against a piece of property to protect a...
If you take no action to respond to the notice(s) or make a payment, the IRS may ramp up its collection tactics. A tax lien is a legal claim against property and financial assets you own or may have coming to you. It’s not a seizure of your assets, but it is a claim on them...
Again, there is a fine line. If a child walks in on a racy R- rated movie that his parents are watching, it may upset the child, but it was not the parent's intent for the child to see the film, so it is not intentionally abusive. Though emotional abuse is not physical abuse, ...
Again, there is a fine line. If a child walks in on a racy R- rated movie that his parents are watching, it may upset the child, but it was not the parent's intent for the child to see the film, so it is not intentionally abusive. Though emotional abuse is not physical abuse, ...
A promissory note is essential in any transaction where money is being lent by a person, bank, company, or other organization to another entity. This document is a contract that protects the lender from the risk of the borrower not paying the full amount agreed to by both parties. ...
Notice Requirements:Some states impose pre-lien notice requirements such as preliminary notices or notices of intent to lien. These must be served on property owners or general contractors before filing a mechanic's lien. Failure to comply with these notice requirements can invalidate the lien, rega...