Business Law

Do you have to have earnest money?

Earnest money is a great way to let a seller know your interest in a property. It is like a promise that you will buy. Putting down this money is not a requirement, but if it is a seller's market, then it can go a long way toward helping you get the home you want....

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The pros and cons of an LLC

Entrepreneurs in Oregon and around the country have traditionally formed corporations to limit their liability and protect their personal assets, but limited liability companies have become extremely popular in recent years. An LLC provides the same asset protection...

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Understanding contract rescission

Contracts are signed every day in Oregon, and many of them include a right of rescission that can be used shortly after the contract is signed. Other contracts may be rescinded if there is sufficient evidence to prove that the agreement was invalid. What is...

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Buying a small business

Each year in Oregon, many people start new businesses. Others choose to purchase existing businesses so that they can operate their own companies without having to start from scratch. However, purchasing an existing business requires multiple steps to prevent things...

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