Basic Contract Law: A Primer for Paralegals

Contract Law, Defined Basic principles of contract lawAt its most basic level, a contract is defined simply as an agreement between two or more parties that is legally enforceable. The relationship between the parties is controlled by the laws of the state in which the contract was formed. By entering into the contract, the parties […]

How to Draft a Legal Guardian Letter: Tips & Best Practices

What is a Legal Guardian Letter? Legal guardianship is a common term that signifies a person being responsible for the well-being of another individual. In the majority of cases, legal guardianships are typically between a parent, guardian, and child. For this reason, legal guardian letters are often signed by a parent and submitted to the […]

Complete Overview of Legal Services in Greenwood, SC

The Basics of Legal Services Legal services involve the professional services rendered by attorneys or law firms to their clients, ensuring that individuals or entities have adequate representation in various legal matters. Most often, when people think of legal services, they imagine a courtroom and a trial, but legal services apply to a wide range […]

Does a Contract Have to Be Notarized? The Basics of Notarization

What’s a Notarized Contract? A notarized contract means that the document has been signed in the presence of a qualified notary public, who then certifies the identity of the signatories. A notary public is an official position, similar to a real estate agent or a fire chief. Furthermore, notarization is a service that can be […]

Understanding Production Sharing Contracts in Texas Oil and Gas

What is a Production Sharing Contract? In the oil and gas industry, a PSA provides a structure for the sharing of net revenues from mineral production. A PSA must be understood in the context of its application to the various types of legal relationships that apply in the oil and gas industry. In Texas, "mining" […]

A Beginner’s Guide to Filing for Legal Separation in Illinois

Understanding What Legal Separation Means in Illinois In Illinois, a legal separation does not formally mean that a couple is separated under the law, but it is a way for individuals to part while giving time for the opportunity to reconcile. It can be particularly useful for any party that wishes to preserve the marital […]

Georgia Legal Name Change Overview: Step-by-Step Instructions

Georgia Name Change Process for Adults Laws and regulations governing name changes in Georgia are largely codified in the Official Code of Georgia Annotated, Title 19, Chapter 12, Article 3. The legal name change procedure under Georgia law varies according to the circumstances. The procedure for a name change by an adult is different from […]

Creating an Effective Lease Contract Termination Letter

The Basics of Lease Termination Letters The termination of a lease agreement comes with many considerations—those specified in the lease, statutory requirements, and particulars based on the circumstances of the parties and their relationship. Those requirements are mostly self-evident and recognizable to landlords and tenants alike once it is apparent that a lease relationship is […]

Springing Deposit Account Control Agreements Explained

What Is a Deposit Account Control Agreement A deposit account control agreement, oftentimes referred to as a "DACA" or "DAC," is an agreement between a borrower that maintains a deposit account with a bank and the bank (the "Bank"). Through a DAC, a lender can either perfect its security interest or obtain control in connection […]

Navigating Georgia Raffle Laws: The Definitive Guide

Raffle Laws in Georgia: An Overview A Raffle is a commercial activity in which tickets are sold to individuals participating in an event with the aim of winning prizes or a cash payout. Laws exist to regulate the manufacture of tickets, rules regarding advertising, and ticket pricing. In Georgia, laws also govern which organizations can […]