- 10 Tips on Being a Successful Landlord
One key to being a successful landlord is taking the time to pick the best tenants and keeping the rental property maintained. If you do not have the time to keep up a property on your own, or if you own several rental properties, you can quickly become overwhelmed. The ......
- Damage control, or how to sue your
contractor.
Property owners faced with consequential damages stemming from a contractor's breach of contract may believe they have no recourse. However, careful drafting of the contract can protect their interests. First, owners must understand the difference between consequential damages and compensatory damages. Compensatory damages are those which are most directly related ......
- Damage control, or how to sue your
contractor.
Property owners faced with consequential damages stemming from a contractor's breach of contract may believe they have no recourse. However, careful drafting of the contract can protect their interests. First, owners must understand the difference between consequential damages and compensatory damages. Compensatory damages are those which are most directly related ......
- Equipment Lessors Can Survive Liquidated Damage Attacks
IMAGE ILLUSTRATION 1 Lquidated damages are a common, albeit not always mforced, remedy in personal-property leases. Many leases provide for the recovery of "casualty value," "stipulated loss value" or "anticipated residual value" amounts from defaulting lessees. Despite the "favored" status of liquidated damage provisions under Article 2A of the Uniform ......
- Liquidated damages. (Legal Jargon).
As a credit professional, you deal with contracts every day. A common, but sometimes misunderstood, provision in contracts is a liquidated damages clause. If used properly, a liquidated damages clause can be a powerful tool. If the circumstances are not appropriate, a provision for liquidated damages can be a dangerous ......
- Liquidated damages
As a credit professional, you deal with contracts every day. A common, but sometimes misunderstood, provision in contracts is a liquidated damages clause. If used properly, a liquidated damages clause can be a powerful tool. If the circumstances are not appropriate, a provision for liquidated damages can be a dangerous ......
- 2nd Circuit Court holds that public employer may be liable for liquidated damages under ADEA
A public employer may be held liable for liquidated damages for a willful violation of the ADEA, the 2nd Circuit has ruled. Two employees of the New York Transit Authority, who were 59 and 62 years old, received provisional promotions from helpers to electronic equipment maintainers. They were not trained ......