A Letter of Intent (LOI) plays a crucial role in business transactions, especially in real estate deals. It typically functions as a non-binding agreement outlining the main points of a proposed transaction, such as the sale price, closing date and other key terms. An...
Sophisticated Representation For
The Most Complex Projects
Sophisticated Representation For
The Most Complex Projects
Month: March 2024
Pros and cons of buying electricity through a PPA
As a site owner or manager, you might be thinking about buying electricity through a power purchase agreement (PPA) to power your site. A PPA is a long-term contract between a place that makes electricity (like a solar or wind farm) and the person or business that...
What restrictions can apply when buying or selling property?
If property owners and buyers have rights when dealing with real estate, they must also follow specific restrictions provided by federal and state policies. Regarding real estate transfers, property owners have the right to choose who they sell or lease to. However,...
Environmental law issues could be impacting your company
Even the most well-established companies may need to make changes and adjustments to the way they conduct their operations. Often, this is due to efficiency and cost-effective practices; however, others could be the result of new or updated laws and regulations...
Am I able to sell solar energy back to the utility?
In New York, those who use solar energy can sell the power their solar panels generate back to the utility in exchange for connecting to the power grid. The reason for this arrangement is that solar power only works during the day when skies are reasonably clear....
Adverse possession and commercial property
If you purchase commercial property, it’s reasonable to believe that no one else will own it. However, that isn't always the case. There is a concept called adverse possession that may allow a person to gain ownership of property that belongs to you if they meet...
Have you been cheated by fraudulent misrepresentation?
You expect your contracts to be negotiated in good faith with transparency and honesty. All too often, though, parties act inappropriately to secure a favorable deal at the other party’s expense. If this happens to you, then you could end up losing money and good...
What makes a breach of contract valid?
When a party fails to meet their contractual obligations, other parties can take them to court for a breach of contract. Still, the incident must meet specific conditions to make the breach valid, allowing other parties to take legal action. A breach of contract could...
What are zoning map and text amendments?
Developing an area or district within a city requires collaborative efforts from various parties, including the city council and builders. In these instances, planners must set up the framework and prepare before starting construction. These requirements may include...
A basic guide to due diligence in energy projects
It is not an unfamiliar sight to find a piece of abandoned land. It was probably once a hub of industrial activity, and now, its soil is tainted by years of chemical discharge. Although lying dormant, there could be plans to turn this land into a solar energy farm....