Fort Mill Legal Blog

There are many important aspects of the real estate process to understand and one important component includes real estate contracts. Real estate contracts are involved in many facets of a real estate transaction and their importance to process cannot be overstated.

Real estate contracts protect the interests of the parties and outline the rights and obligations of the parties. A real estate contract commemorates the agreement between the parties and a well drafted, and properly executed, contract can help increase the likelihood of a successful real estate transaction. It is important to understand every aspect of the contract process, including how to ensure that the terms are fair and protect the interests of the parties.

Procrastinating on planning for your end-of-life needs is only natural. It’s an uncomfortable topic to talk about and not something most people want to stare in the face. However, planning ahead by creating an estate plan is an important element of caring for your family. Having a will can alleviate potential stress for your surviving family members and gives you peace of mind in knowing you’ve stated your wishes.

One of the elements involved in creating a will is assigning an executor. The executor is the person or third party you designate to administer your will after you pass. The job and responsibilities of an executor are considerable, so you’ll want to choose the person or company wisely.

Building a business from the ground up takes effort and money, and once the business is up and running the last thing business owners want to think about is who will take over when they are no longer able to run the business. However, if the business is important to Fort Mill residents, succession planning is one aspect of business law they do not want to overlook. Even though succession planning is a personal and sensitive matter that opens up doors many prefer to keep closed for a long time, its important to start figuring out and talking about who or what is next for the business.

For those who own a family business, the first preference is likely to be to keep the business in the family. However, before making any assumptions, it is important to sit down with family members and ask about their preferences. Who wants to stay in the business and who wants to take over it? Deciding how responsibilities will be shared is an important way to make sure that the business remains within the family.

South Carolina residents looking to invest their hard-earned money into a new business or to buy a new home need to ensure that they are getting their real estate in the right place. Real property can only be used in certain ways, dictated by laws that are called zoning laws or ordinances. They define the type of developmental and operational use of law that is allowed in any given location.

Zoning laws exist to ensure a number of things, such as manage the flow of traffic, control noise levels or even protect certain resources. This is why one often sees residential homes bunched together in one par of town and commercial buildings on another. Zoning laws also often restrict the details of construction in certain areas-the height of a building or the distance from one building to another could be outlined in zoning laws as well, regardless of the type of building it is.