Florida Commercial Leases: What You Need To Know Before Signing

A commercial lease is a contract between a landlord and a business to rent commercial real estate for business purposes. Commercial leases are much more complex than residential leases. The provisions and terms within the contract have a significant impact on the tenant. As you prepare to lease commercial space or sign a lease renewal amendment, it is important that you take the necessary steps to protect your best interests. It is crucial that you, the tenant, understand how each provision affects your costs and overall responsibilities. Most people need help with deciphering , as well as negotiating the lease terms....

Florida Business Law: Types of Liens Explained

If you have a lien on your business’ property or assets, you’re likely concerned about the legal ramifications of failing to pay a debt. In this article we will explain the different types of liens that may affect your business. What is a lien? A lien is a legal claim against either a business’ property or assets. This allows a lender, or lien holder, to either take control of or take legal action to settle any debts on the property or assets. This gives a credit security interest in your business property until that lien is released. For example, if...

Florida Non-Compete Agreements

A non-compete agreement (NCA) is a binding contract that helps employers protect their business. They are so popular than an estimated 36 million to 60 million private sector workers are subject to some form of NCA. It’s easy to see why NCAs are so attractive to businesses. They forbid employees from sharing proprietary information, working with competitors, or starting a competing business. While they may seem appealing to business owners, NCAs are not without criticism. In some cases, they’ve been thrown out of court for being too restrictive on workers’ rights. If you’re considering using an NCA, here are many...

Create a Prenuptial Agreement With a Foreign Fiancé(e)

For any couple, the wedding planning process can be both stressful and exhilarating.  On one hand, you can’t wait to marry the love of your life. On the other, your head is spinning with the growing number of items on your to-do list. These concerns can feel especially confusing if your fiancé lives in a different country. Not only is it complicated to plan the logistics of your big day from afar, but there are also legal issues to contend with. One of the most important ones is learning how to create a prenuptial agreement with a foreign spouse. Today, we’re walking you through this process...

Why Contract Typos and Grammatical Errors Can Spell Disaster

There’s nothing better than the moment you come to an agreement with someone to do business together. You do everything you can to make sure the deal goes off without a hitch, including memorializing all of the details in a contract. A contract is the culmination of hours and hours of arduous negotiations, so it’s important that it is meticulously checked for errors. Are you wondering whether contract typos and grammatical errors can really hurt you? Read on to learn just how much they can cost you and your business! They Hurt Your Credibility Building client relationships is one of the most important aspects...

Alternative Dispute Resolution (ADR)–Basics and Options

Alternative Dispute Resolution, or ADR, is an alternative to trial proceedings. Often, ADR can save clients both time and money: it settles the dispute in a shorter time frame and costs less in attorney fees, court costs, and other associated expenses. Whereas litigation can be more hostile in its approach, ADR options tend to focus on finding the best outcome for all involved parties. The process has a long history in Florida, which began offering ADR options in the 1970s.  Five main types of ADR are options here in Florida: Mediation, voluntary trial resolution, settlement conferences, neutral evaluation, and arbitration....

Basics of Estate Planning in Florida

Let’s face it: nobody wants to reflect on their own mortality. Preparing for the end of life can be a difficult process, but that doesn’t make it any less important. We’ll discuss the basics of estate planning in florida. Estate planning is crucial for protecting your wishes and transferring your assets after you die. Despite its importance, estate planning falls on the back burner for many Americans. Only 18 percent of people over 55 have all of the recommended legacy plan essentials intact.  Though it may seem overwhelming, estate planning can be an easy process with proper guidance. Here’s what...

California Consumer Privacy Act (CCPA): Impact on Your Florida Business

Cambridge Analytica and numerous high-profile uses of consumer data were a bridge too far for California lawmakers. Invoking California’s constitutional right to privacy, they enacted the California Consumer Privacy Act (CCPA), one of the broadest consumer protection and privacy laws globally. The law, passed by the California legislature in 2018, will enhance consumer privacy rights and protections for state residents.  However, the California Consumer Privacy Act doesn’t affect just California businesses. The law applies to any company doing business with California residents, whether it is a California-based business or not. In effect, the law will radically change how Florida companies handle personal...

Supreme Court Ruling on Trademark of Generic Term for Website Name

Trademarks have always been an important part of business and marketing. A trademark gives you sole rights to use a specific name or term, and in the past, that right was reserved for unique names. Terms that were more widely used in daily language were not eligible to be trademarked. However, last June, the Supreme Court handed down a landmark ruling in the case of the United States Patent and Trademark Office vs. Booking.com. Read on to learn more about this ruling and how it could impact your ability to make a trademark for your site. The Ruling On June 30,...