Business owners who want to grow their business have many options available to them. Creating strong relationships with employees and customers is important, but another way to gain greater success is to partner with other companies, something called a strategic partnership. Complementary Offerings Businesses may form strategic partnerships to share resources, such as information, services, […]
Author: Philip Silberman
Sales Commission Agreements Need to be Carefully Drafted
Plenty of people in businesses that hire sales associates deal with a compensation arrangement. Typically, when a salesperson is responsible for a sale, some percentage of the value of the sale is payable to the salesperson directly as a way to incentivize effective selling practices and reward salespeople in proportion to how much they benefit […]
Transferring Title to a Mobile Home
Transactions and policies regarding Texas mobile homes are regulated by the Texas Department of Housing and Community Affairs (TDHCA), through its Manufactured Housing Division (the “Division”). The Division administers the Texas Manufactured Housing Standards Act, which ensures that manufactured homes, or mobile homes, are safe and well-constructed, that consumers are provided fair and effective remedies, […]
Independent vs. Dependent Administration of Estates in Texas
Texas probate law provides two different options for settling an estate, dependent administration and independent administration. Determining which option is best for an estate depends on several factors, including the size of the estate and the complexity of distributing the estate’s assets. Court Oversight An independent administration means that the executor of the estate has […]
Buying and Selling Property “As Is” in Texas
When owners sell a house “as in” in Texas, they are signaling that updates or repairs will not be part of the negotiation process with buyers. The buyer is agreeing to accept the physical condition of the house in its current state. An “as is” clause protects a seller if a buyer later makes claims […]
Intellectual Property License Infringement vs Breach of Contract
An Intellectual Property License allows an innovator, the licensor, to protect and capitalize on that intellectual property. It allows another party, the licensee, to use that IP, which may take such forms as trade secrets, operational knowledge, registered designs, or proprietary information. Ideally, the relationship is complementary; the licensor profits by allowing the licensee to […]
Probate Mediation in Texas
The Mediation Process in Texas offers alternatives for settling legal disputes outside of the courtroom. Many are aware of mediation in business matters and family court, but the mediation process is also a viable option with probate issues. This less adversarial, less costly option to court proceedings provides ways to de-escalate tension among family members […]
Fiduciary Duties are Not Created in Most Contracts
Many people rely upon the services of professionals to carry out work or perform a task for them that they may not have the know-how or resources to do themselves. You may believe that, in general, this creates a relationship between you and your professional service provider that requires them to keep your best interests […]
Texas Uniform Partition of Heirs’ Property Act
Partition is the division of real property among joint owners and is an absolute right in the state of Texas. Texas law will not force one owner to maintain a joint ownership if he or she wishes not to for any reason. In this case, a joint owner may compel a partition in kind or […]
Homestead Exemptions for Jointly Owned Property
Texas is unique in its sacred protection of the homestead. The Texas homestead laws are found in Texas Constitution Article XVI, Section 50 and outline the unique protections available to the homestead of a family or single adult. The benefits of Texas homestead laws provide both a tax exemption to remove part of the […]