Contracts

Purchasing a home or a condo represents a significant monetary investment. It also requires investing a considerable amount of time and energy to secure the ideal dwelling. While real estate agents can speak the “language” and provide necessary insight, a little...

Breaching a contract in Michigan is a serious matter that could cause thousands of dollars in damages. A letter of intent is generally non-binding, but the terms can be written to be binding, so the plaintiff can use this document to sue the defendant for damages....

Michigan law requires that you negotiate contracts in good faith. This means that you must not seek an unconscionable advantage, attempt to defraud or have malice when you negotiate a contract. The goal is to find an agreement that satisfies both sides. Ask what's...

Negotiations begin as soon as someone else shows interest in your idea or invention. Every major deal in Michigan must be written down in a formal agreement. Negotiations are made and continue for as long as necessary to help you get the fairest deal. Make sure it's...

A contract protects parties to the contract when something goes wrong or can, in some circumstances, prevent something from going wrong. For that reason, when negotiating a contract, parties to the contract should know what to consider when drafting a contract....

These crazy times have affected every aspect of our lives. This includes both our personal and business lives. Business law has not gone unaffected, which begs the question, can these crazy times be used as an excuse to not perform a contractual obligation? Well, like...

A contract is a critical legal document that a business can use for a myriad of purposes. A company may use contracts to establish agreements with vendors or other entities, and it likely uses contracts to secure employees into work roles. A well-drafted contract can...

Many Michigan nonprofits use volunteers to serve the community in significant ways. Unpaid workers are often the heart and soul of any charitable organization. They are responsible for working directly with those who benefit from the organization’s mission as the...

Before signing on the dotted line in Detroit, it is important to understand the nature of the contract that you are agreeing to. One of the most important aspects of contract design is the review process. There are certain things that you should be looking for, no...