What is an Option Purchase Agreement? An option purchase agreement or an option agreement is the document that creates an option to purchase a contract for the future sale of real property. Specifically, an option is a contract that gives a buyer the right to
What Is Wrongful Termination? When an employee files a claim for wrongful termination, they are alleging that the termination was illegal. Wrongful termination is not straightforward and can require substantial investigation to reach its conclusion. It is legal for an employer to fire someone without
Legal Considerations for Unmarried Parents With the passage of time and the changing of our lifestyles within the USA, there has been a major increase in unmarried parents coming through the Oklahoma courts to fight custody battles for their children and to obtain parents rights.
Outlook on Dumpster Diving in Oklahoma The legal status of dumpster diving in Oklahoma is a nuanced topic given the variations in state and local laws, as well as evolving common law. The principle at stake remains the same throughout this deep dive: regardless of
What is a Prenuptial Agreement? A well-known phrase is "wearing your heart on your sleeve." In daily life, wearing our heart on our sleeve can be a good thing. The receiver may see our emotions, feel compassion and respond with kindness. In a marriage, the
Termination Laws in Colorado – An Overview Central to the relationship between employees and employers is the understanding that employment may end for any number of reasons, some of which are within the control of the employer, and others that are not. Regardless of this
What is Legal Purpose Defining Legal Purpose in the Context of Contracts‘Legal purpose’ refers to the requirement that contracts must have a legally acceptable objective. Essentially, the subject matter of a contract must be legal if the contract is to be compliant with contract law
Construction Contract Breaches Explained A construction project constitutes a mutual agreement between two or more parties wherein the builder is hired by the owner to perform specified services in relation to the construction of a particular structure in exchange for a certain sum of money.The
A Primer on Typical Residential Construction Contracts Residential construction contracts are vital components in the construction industry, serving as legally binding agreements between homeowners and licensed contractors. These contracts outline the scope of work to be performed, the timeline for completion, payment schedules, and any
Essential Features in a Texas Commercial Lease There are many different kinds of commercial leases in Texas. Your commercial lease agreement will depend largely on the type of property you are leasing and the type of business you own. However, most if not all commercial
