- Limited Liability CompaniesLLCs offer the best of both worlds by combining the limited liability feature of corporations with most of the advantages of partnerships. It is allowed to have a partnership tax classification where in there are at least two members. This makes it a viable entity for tax purposes. Partnership tax classification is a better arrangement than the viable tax status of major corporations as well. Unlike the S Corporation, any person or a legal entity can own its shares or units. The number of shareholders are not limited and all members get to vote unlike the limited partners. There is a limited liability for everyone connected with the LLC which is also unlike any other partnerships. Both the owners and the non-owner employees get to enjoy a deductible employee pension plan. LLCs also do not have the capital gains tax problem which most corporations do. But LLCs are required to do the annual reporting to the state whenever they are created. LLC is an excellent choice of entity for a wide variety of small business situations and is due for a much appreciated consideration.
- Construction Contracts
- Real Estate Litigation
- Construction LitigationChange orders in construction contracts eventually find their way into the main contract as and when the required changes are necessary to be implemented into the existing project. This could also be done when there is a timing change or in the design-build of the process. A change order is the common method to amend the contract to account for and track the vital work changes in the existing project. The intent of the parties to make the necessary adjustments to the contract are identified by the change order and hence it becomes a part of the contract.
- Landlord-Tenant DisputesThe complex laws that govern the landlord and tenant rights are to be known by parties that rent or lease contract their property. This can be quite confusing but it is vital to a successful agreement between both parties. Tesch Law Offices have specialized attorneys who are knowledgeable on all these laws and are here to assist you to understand what it is all about. They can guide you to know what you can and cannot do to stay within the law. They can also guide you to protect your interests. All the required steps such as Notice of Unlawful detainer, Notice to Pay or Quit, Suits for Eviction and Possession bonds to retake or remain on the premises will be elaborately explained to you for a better understanding of the same.