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Avoiding the Pitfalls of The “Accidental Franchise”

This briefing explores the “Accidental Franchise”, a business arrangement governed by law which parties unwittingly and mistakenly fall into as a result of how the parties choose to conduct business operations. What is a Franchise? To begin, lets discuss what exactly a franchise is. Practical Definition According to the International Franchise Association: A franchise (or …

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When is the OREA Real Estate Purchase Agreement binding?

Navigating the complexities of a real estate transaction is not always easy. Recognizing when a contract is legally binding is critical to identifying your legal obligations and avoiding a legal proceeding. In this Briefing, we go over key things to review when determining when a legally binding contract has been formed. Key Elements of Contract …

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