Good faith is a legal term that describes the intention of the party or parties in a contract to deal in an honest manner with each other. In contracts, the parties signing abide by and uphold the contract. It requires people to act honestly without taking advantage of others. AreRead More →
Insuring Agreement — that portion of the insurance policy in which the insurer promises to make payment to or on behalf of the insured. The insuring agreement is usually contained in a coverage form from which a policy is constructed. Which of the following is an agreement between an insured?Read More →
to come to an agreement: to find a solution that pleases or suits everyone. What is it called when you come to an agreement? agree; come to an agreement; compromise. What creates a contract? A contract is a legally enforceable agreement between two or more parties that creates an obligationRead More →
The Paris Agreement sets out a global framework to avoid dangerous climate change by limiting global warming to well below 2°C and pursuing efforts to limit it to 1.5°C. It also aims to strengthen countries’ ability to deal with the impacts of climate change and support them in their efforts.Read More →
A deed of hypothecation can be enforced by either compelling the delivery of the moveable property or selling or obtaining a decree for sale of the moveable property, as stipulated in the deed. Under a deed of hypothecation, a lender usually appoints a receiver to take possession of and sellRead More →
subsequent to marriage: postnuptial adjustments. Does a postnuptial agreement hold up in court? Postnuptial agreements are generally enforceable if the parties of the document adhere to all state laws regarding inheritance, child custody, visitation and monetary support if a divorce does occur. … If any state laws are in violationRead More →
Despite its technical-sounding name, the subordination agreement has one simple purpose. It assigns your new mortgage to first lien position, making it possible to refinance with a home equity loan or line of credit. Signing your agreement is a positive step forward in your refinancing journey. Can you subordinate aRead More →
Details of supply. Trade agreements. Service contracts. Management contracts. Schedule of services. Details of service. Other variations of these names. What is the agreement between the supplier and the buyer called? What is a Sale and Purchase Agreement (SPA)? A Sale and Purchase Agreement (SPA) is a legally binding contractRead More →
California – Non-compete clauses are not enforceable under California law. … Non-compete clauses are generally not enforceable. However, LegalNature’s non-compete agreement may still be used to prohibit the employee from soliciting other employees (but not customers) away from the employer. What states do not enforce non-compete agreements? Some states (likeRead More →
Your lawyer cannot charge you for: preparing a costs agreement. preparing an itemised bill. Can a lawyer charge you without a fee agreement? Only a fool hires a lawyer without a written fee agreement. Good lawyers know this and always explain your obligations and theirs in a document you canRead More →