Florida business and corporate law covers a wide variety of commercial matters. At South Florida Law, PLLC this practice area includes the sub-categories of Business Formation, Contract Disputes and Commercial Transactions.
Running a business in Florida requires a basic understanding of the business law and the financial frameworks that govern the various day-to-day components of company ownership. These include company formation, holding and transferring shares of the company, protecting the interests of the business owners, drafting and reviewing business documents and managing business disputes when they…
Florida businesses often include “choice of law” and “choice of venue” provisions in their contracts that stipulate the agreement be governed, construed, interpreted and enforced in accordance with the laws of the State of Florida or another state or nation of the parties’ choosing. These choice of law and venue provisions provide the contracting parties…
Sales contracts are legally binding written agreements that govern a transaction between a buyer and a seller. When drafting or reviewing a sales agreement for a business, there are two questions that can be asked before the contract can be considered complete. Firstly, does the sales contract cover all bases required to ensure that all…
Property Management FAQs Property Management FAQs Property owners who are considering hiring a property manager look forward to outsourcing many of the day-to-day maintenance and administrative tasks related to managing a property and its tenants. However, managing a property management company can be a challenge in and of itself. Here at South Florida law we…
Quick-read Summary (TLDR) Selling a business requires providing an extensive list of business sales documents for the due diligence process, where potential buyers and their advisors thoroughly inspect contracts and financial records before making an offer. Business owners who organize their documentation ahead of time typically pay lower advisory fees and achieve better valuations. Required…
Forming a 501(c)(3) is the most common method of registering a nonprofit corporation in the United States. 501(c)(3) nonprofits are eligible for federal and state tax exemptions and have been created for one or more of the following purposes: Religious advocacy or worship Charitable work Scientific research, discussion or recognition In support of the arts…
Almost every part of the American economy is opening up now and many of the businesses here in Florida have been operating at near pre-pandemic levels of activity. As we open up as a society it is worth pausing to reflect on the new activities, habits and protocols that we committed to during the pandemic. …
Franchising occurs when one company (the franchisee) gains the rights to use the brands and business model of another company (the franchisor) for a fixed period of time for an agreed fee. The name of the business that is formed by the franchisee is called a franchise. For the franchisor, the franchise is a way…
Starting and running a Florida nonprofit can be document-intensive. From the beginning, documents are required that define the scope and mission of the organization as well as the rules by which the organization is run. Later, once regular operations are underway, other documents could be created that govern the non-profit’s relationship with its beneficiaries, volunteers…
Previously we have written about using an LLC to invest in Real Estate. However, there are many situations outside of real estate investing in which it makes sense to use the LLC business formation to make investments in company shares, bonds, ETFs and even non-traditional assets such as cryptocurrency. Investing with an LLC can range…
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