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Olive Branch Law Blog
Understanding types of commercial leases
Property owners, managing landlords or agencies and tenants of commercial properties must enter into leases when working together. These legally binding contracts come in many different varieties, each with unique features and terms. In general, a commercial lease...
What is the process for business litigation?
If you need to file a lawsuit for your business, then you most likely want to know how long the process will take. The best way to understand this is to look at the timeline and the different actions you must go through in a lawsuit from start to finish. According to...
Terminating a construction contract
There are many different facets of construction contracts that require careful review, regardless of the scope of a project or the amount of time it will take to finish a job. However, contractors and construction company owners need to carefully go over the process...
How do gross and net commercial leases differ?
Whether you own a piece of commercial real estate or you own a business looking to lease commercial property, it will be important for you to know that there are multiple types of commercial leases. Each type of lease offers different features to evaluate so you...
Essential components of a legally binding contract
Contracts are a crucial component of conducting business. Whether it is between you and your business partner(s), a customer, landlord or supplier, understanding the details and ramifications is essential. A mutually satisfying relationship can begin when both parties...
Your franchise territory may not be exclusive
Mississippi entrepreneurs may conduct business as a franchisee under a franchise arrangement. The franchise agreement and disclosure documents will likely include language that establishes the franchisee’s “territory.” Forbes explains some key terms that franchisees...
Implementing contracts to protect long-term business success
Developing a business and strategizing its growth requires the synergy of all organizational operations. Additionally, well-planned negotiations finalized via a contract may incentivize contributors to commit due diligence in accomplishing objectives. With the...
The when, why and what of nondisclosure agreements
Contracts form the basis of many essential business transactions and provide useful protections to companies and other parties along the way. One type of contract often used is the nondisclosure agreement, also called a confidentiality agreement. What an NDA does A...
What four things make a contract valid?
Contracts sound complex. The might look complex too. You always see comically high stacks of papers, brimming with legalese and stuffed in thin manila folders in the movies. They may intimidate you if a contract of yours has a lot riding on it. But contracts, at...
Did you ruin your contract?
A good contract is essential to running a solid business. With a good contract, you protect your company’s rights and assets. You capture a deal that both parties are happy with and hopefully will not see any problems in the future. A bad contract, on the other hand,...