What Exactly Is An Active Option Contract? An Active Option Contract is first and foremost, a contract. It’s a written contract that allows the buyer to exercise the right to buy a certain property at a set price within a certain time frame for the
What Adams Legal Forms Are Adams Legal Forms are a well-known series of legal forms and documents designed for use with a variety of legal matters. The origins of the Adams Legal Forms date back to 1941, when lawyer Norman G. Adams published the first
Limited Legal Precedent One of the understated issues with an out of court settlement is that it does not create a binding legal precedent. With a court decision, the law is established by a test case that has been thoroughly analyzed by the courts as
The Basics of Repossession in North Carolina Repossession refers to the actions taken by a creditor or a third party to recover a property or asset that was the subject of a loan or credit agreement after the borrower defaults on their obligations. This type
Overtime In Kansas: An Overview Kansas overtime laws are relatively simple and straightforward to understand. Kansas has both a minimum wage law and overtime requirement, however, businesses with fewer than five employees are exempt from both. The federal regulations were set in 1938 under the
Breaking a Lease: A Primer on Leases Before you can consider breaking a lease, you should first have a good understanding of how lease agreements with your landlord work. Lease Agreements in Michigan are generally defined as any lease or rental agreement, either express or
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
