If there is one type of law which is complicated beyond reason it is financial and real estate law. With not only regulations and rules changing every year but also the financial details themselves changing daily, it is a wonder anyone can even get a fair deal. It is important to understand that the banks and lenders’ jobs are not to get you a good deal. Their sole purpose is to get a favorable agreement for the bank. This oftentimes means a far less favorable deal for you.
Navigating Confusing Legal Language
Legal speak is always difficult to wade through. However, when it is mixed in with countless financial facts, percentages, and numbers, it can be downright indecipherable. This is where you need a trained legal expert who specializes in this type of law. It is the only way you are going to get someone to explain this complex legal dialogue to you. How can you expect to make the best decision if you don’t have all of the information?
Dealing With Complex Financial Details
Each of those numbers and decimals and percentages all mean something in this type of law. They represent interest rates, variations, length of term, monthly payments and so on. Each one of these and many other specifics all need to be documented properly and verified. Also, the fine print and details of any contract should never be ignored, especially on real estate.
These details may be the difference between a balloon payment and flat final payment. They may also list an incorrect detail such as an adjustable rate instead of a fixed rate. There are a number of examples of what a real estate lawyer might catch that you would miss.
Let the team here at Bell Law lookout for you during your next home purchase or sale. With everything from price to rate to term on the line, you need to make sure you get the best deal. We’d be glad to be the ones to safeguard your interests in any real estate transaction. Simply get in contact with us to find out more details!
As if running your own business wasn’t already difficult enough on its own, now you have to deal with a global pandemic as well. This has led to a number of different financial and personnel related issues with many employers.
However, the situation doesn’t have to be as trying as it seems. With a little bit of help and the right legal guidance you can make sure that your business stays on track, even when the whole world seems to be coming off of its own.
Starting a Business
This is tough enough when times are good and the economy is fully open. Building a business from the ground up, no matter how small is always an accomplishment. But just because it may be harder doesn’t mean it can’t be done. Although, in the middle of a global health crisis, there are a number of additional legal considerations as well.
Obtaining employee health insurance, remote and in-person work, employee safety, as well as many other individual issues are all in a constant state of flux in the current environment. That is just one of the many reasons business legal counsel is necessary.
There are many careers that require licensing. When these certifications are suspended or revoked it can destroy your career. At that point, there is no room for error. Examples of professionals who this might affect include medical workers, real estate agents, beauty service providers, financial consultants and many others.
Business Transactions and Agreements
Contracts or documents of any kind between two or more parties should always be closely examined by a legal expert. This is not only common sense; it can be the difference between a successful business and a disaster. Defaulted agreements on either side can have devastating effects on your profits and reputation.
If you need any help with your business during this time of uncertainly, we would be glad to provide it. Just get in touchwith any of the staff here at Bell Law and we will connect you with someone who is an expert in business matters. Whether it’s starting or managing a business or various other legal issues, you need to make sure that you have someone looking out for you.