Category: Contract Law

A commonly asked question when an entity is involved with a transaction is; who has authority to sign on behalf of that entity? Limited Liability Company (LLC) Two documents are of central importance concerning Limited Liability Companies: Operating Agreement: This internal document governs operations, members’ financial and managerial privileges, and identifies the LLC managing members.

The amount of the EMD should be discussed with your real estate agent. As a seller, this can be an important consideration to prevent a buyer from walking away from the contract. For a buyer, the “good faith” deposit amount confirms to the seller your intent to complete the transaction. What is an Ernest Money

On behalf of Fox & Moghul posted in Business Law on Wednesday, June 14, 2017. Our proximity to the capital puts us in a unique position in the business world. Many businesses in Loudoun, Fairfax, Arlington, Prince William and Spotsylvania Counties, Alexandria City and Washington DC and Maryland provide services to the U.S. government in some form or another.