Category Archives: Business Law

Business laws cover everything which has to do with the conduct of business. These laws governs starting and managing a business, as well as transactions such as contracts and sales documents. Employment and collection matters are also covered under business law.

Selling a small business My girlfriend’s father is selling his Ft.

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Selling a small business
My girlfriend’s father is selling his Ft. Lauderdale, Fl. based landscape/lawn care business.
As of this morning, he has a potential buyer who is willing to help ”secure” the transaction with a downpayment. My questions are, but not limited to:
What are the legal steps needed to take with the entire process?
Downpayment into escrow? (Refundable/non refundable?) Legal forms needed(ie: bill of sale etc.)
Financial disclosures?
Required or recommended third parties involved? (as well as potential fees for said third parties)
Tax repercussions?

Any help would be greatly appreciated.

Car Sales Hello, I purchased a vehical with a signed bill of sale dated on Fed…

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Car Sales
Hello, I purchased a vehical with a signed bill of sale dated on Fed 2 2008. I have a personal loan to buy the vehical that i paid the seller with (so it was done by a loan check).

Now it is Jan 31 2009 and still the seller with holds the title and has not and will not give it to us, claiming that he pawned it before he sold it to us and can’t get it. I have a clear bill of sale saying that he agreed to sell us the vehical for 3500, and I have paid him by the check for 3500 dollars, so legally don’t I have the right to the title?

What legal action can I take to get the title?

business was sold to me by someone who wasn’t the owner I purchased a local car…

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business was sold to me by someone who wasn’t the owner
I purchased a local car audio and performance business in Thomaston Ga on 12-15-06. I was advised by the attorney of the seller that he suggested we do a bill of sale(to save on costs). In the bill of sale it advises that I am the new owner of the business, the name, all invetory and tools. The funds were paid to the law office. Today a previous owner came to me to advise that the owner I purchased the business from never paid him off for the full owed note of the business. He said he wants to go after the one who sold it to me and does not intend on taking any of my belongings or shutting down my business. He had a bill of sale signed @ our local courthouse from the first purchase of the business. I have a bill of sale, signed by a lawyer and the supposed owner who sold me the business. Does anyone have rights to the items I purchased? I have not signed a lease at the location yet, If I move locations and change the business name can they attempt to take my purchased machinery or tools or cause any financial harm to me? What rights do I have in continuing to operate this business OR having my money refunded to me? I’m sure he has already spent it all!
Thanks for any advise!