This is Part Two of a Two-Part Article on Land Trusts Just Use What the Law Already Provides There is really no substitute to a properly formed and maintained limited liability entity. Whether you choose to form a limited liability company, a corporation, a limited partnership, or a limited liability partnership as part of your […]
INDIANA LAW UPDATE – Can I Sue That Guy in Indiana?
When you sign a contract, do you read it to determine where a dispute under the contract must or may be litigated? Or mediated, if mediation is required? Or arbitrated, if arbitration is required? Many contracts contain two clauses about the locality of disputes- What law governs, and Where are disputes resolved (a “Forum Selection […]
Are Covenants Not to Compete Enforceable in Indiana?
On a regular basis, certainly several times yearly, the lawyers at GRIFFITH XIDIAS LAW GROUP are asked by a client something like this- “I signed this employment agreement but want to join a competitor (or start my own company). Can my employer enforce this covenant not to compete against me?” And the answer is usually, […]
Bad Indiana Land Contract Law Dies Before Passage
Indiana House Bill 1495 (2019 Session) made its way to a Conference Committee, but the Committee Report was rejected by the Senate on a 30 to 19 vote. HB 1495 would have unnecessarily restricted the use of land contracts, when the buyer intended to use a home as the buyer’s principal dwelling. In fact, this […]
Buy-Sell Agreements for Business Partners
Every business or professional relationship you have today or will ever have will eventually end. Businesses fail. Partners move on to other interests. A business partner might become ill or even pass away. Other businesses are sold or merge into bigger companies. It is inevitable that business partnerships end. Thus, it only makes sense to […]
Should I Form an S-Corp or LLC for My Business?
Launching a new business venture can be a time-consuming and nerve-racking experience. Whether you are a solopreneur, have a business partner or are part of a group forming a start-up, you are going to have many choices and decisions to make. One of the first business decisions you will confront, once you have committed to […]
Indiana’s SAFE Act Rules
Q- Can an investor sell upto but not exceeding 5 properties on contract without a license? A- Yes, in Indiana, as of 2012. 5 is fine. 6 is prohibited. In response to the August 2011, federal changes to the HUD SAFE Act rules, Indiana changed its rules. Additionally, the Indiana General Assembly changed the Indiana […]
Our Virtual Law Office
Sometimes, you just need an Indiana legal form, without a lawyer’s help. IndianaVirtualLaw is the website name for the virtual law offices of Griffith Law Group LLC, an Indiana law firm. Through our Virtual Law Office, our law firm provides cost-effective and efficient, limited legal services pertaining to Indiana, Immigration, and federal Trademark Law. Limited […]
This Landlord is a Scrooge (But Also Within His Rights)
There’s a landlord in Central, a small town in South Carolina, who is threatening to evict or double the rent on the wife of a U.S. soldier. The soldier is Army Sgt. William Bolt who has returned home for the holidays to be with his wife and their newborn baby, who live in an apartment […]
5 Things Every Real Estate Investor Should Do to Start 2015
This list is certainly not exhaustive, but it’s a good start for investors wanting to make more profits and reduce liability risks. In no particular order, below are five things you should do in December 2014, in order to make 2015 your best investor year ever. #1 Review Your Business Plan Don’t have a business […]