Key Points ・Training Repayment Agreement Provisions (TRAPs) are contracts that require workers to repay “training costs” if ...
The FTC’s decision to ban noncompete clauses created huge waves in the business community when it was announced last month. While the reaction from business groups has been swift (with federal ...
Stories about developers enacting sunset clauses and leaving would-be buyers priced out of the market are nothing new. Here's ...
When buying or selling a home, real estate contracts include clauses or designated sections in purchase or financing agreements. Each clause is important, but there are four primary clauses that ...
WEDNESDAY. JENNIFER: THANKS. THE BIDEN ADMINISTRATION HAS ANNOUNCED IT IS LOOKING TO BAN NON-COMPETE CLAUSES IN THE WORKPLACE, DEEMING THEM TO BE UNFAIR. HERE TO TELL US WHAT THIS MEANS FOR EMPLOYERS ...
Non-compete clauses prevent employees from joining competitors to protect business secrets. FTC proposed banning non-competes, arguing they suppress wages and inhibit innovation. If banned, ...
When a homeowner sells a property with a mortgage, in most cases, they will need to pay off the mortgage at closing. A due-on-sale clause specifies that the remaining balance of a mortgage must be ...
New York Governor Kathy Hochul is considering signing a bill passed in June that would ban all non-compete clauses in the state—which would make it the sixth state to pass a broad ban on the practice ...
When engaging in a real estate transaction, it's important to understand the details of your mortgage agreement - especially clauses that dictate how ownership can be transferred. One such provision ...
We all know paying your mortgage on time is important. But you might not know how big of a deal it could be to miss a single payment. Most mortgage loans include an acceleration clause, which could ...
The NBA no-trade clause is the most powerful weapon a player could have when it comes to controlling their own destiny. What is it and how does it work? The no-trade clause is very rare to see in an ...