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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....

If you want to start a business, there is a good chance you are thinking about taking on a partner. Having a business partner can help with start-up costs, reduce individual liabilities and divide the work responsibilities. However, not every partnership is...

When you lease commercial property for your business in Oregon, you may have to agree to a lengthier lease term than you would when renting a residential space. This is common, but it also means you may want to take a good, hard look at a proposed agreement to renew...

Both the federal government and Oregon have guidelines for determining the differences between a business and a hobby. The classification of your income-earning activity affects which tax form you should fill out and whether you can take certain deductions. Not for...

When you sell a home in Oregon, you should expect home inspections. Buyers want reassurance that they're not going to have to spend a lot of money on repairs after buying the home. There is also legislation in place surrounding inspections and disclosing issues to...

Closing on a house is a huge milestone, and it can be a little overwhelming to think about all of the things that need to happen in order for it to go smoothly. However, when you break it down into a timeline, the process is not as daunting. Negotiating an offer This...

All debts have a timeline of when they're enforceable in Oregon. Creditors can use the courts to force payment during that period. The statute of limitations is different depending on which type of debt it is. Types of debt include an open-ended account, promissory...

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...

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 Other contracts may be rescinded if there is sufficient evidence to prove that the agreement was invalid.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...

A real estate lawyer offers a number of services related to land and property transactions. In Oregon, this mainly involves handling the sales and purchases of residential and commercial property. A lawyer may be able to assist with any property-related task you need...