Commercial Law
At JP Law and Title, PC we have experience with both corporate and business law. We are available to consult with you on your corporate/business questions. We have expert knowledge about commercial leases, setting up LLC’s, asset and sale agreements and more.
A Triple Net Lease is the most common type of lease in commercial buildings. In a Triple Net Lease, the rent and operating expenses are included. Operating expenses are typically comprised of utilities, maintenance, property taxes, insurance and property management fees.
A Limited Liability Company (“LLC”) is a newer entity that can more effectively limit personal liability. Annual fees are higher than a corporation but LLCs have less administrative structures and can be more cost effective tax-wise. This is an important discussion to have when considering forming a business. Contact us and we can assist in finding which type of entity best suits your needs.
We can assist you with stock sale and create written legal instruments that formalize the purchase of a business or significant business asset. These agreements detail the structure of the deal, price, limitations, and warranties.
Do you need an operating agreement if you are the only corporate owner? Reach out today to find out the benefits of an Operating Agreement.
What happens when one partner wants to sell but the other does not? Contact us and we can discuss the avenues of litigation vs. negotiation.