Many commercial properties in Mississippi have longer lease terms than residential rentals, so it is particularly important that you understand the terms you agree to before you sign on the dotted line. When reviewing a potential commercial lease agreement, there are...
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What are the terms of an oil and gas lease?
An oil and gas lease is important to protect your rights whether you are the lessee or lessor. The Mississippi State University explains there are two main parts to any oil and gas lease. Understanding each part will enable you to get the most from the agreement....
What mistakes should you avoid when choosing an executor for your will?
Choosing an executor for your will is one of the most critical steps when planning your estate. Your executor has control over paying off your debts, filing your will and distributing your assets. Picking the wrong person could slow down the process after you pass....
What should you know about environmental audits?
In many industries these days, environmental audits comprise a critical part of compliance with the government. From the start of operations, you should have a solid plan to comply with environmental audits. It is not something you can simply skate through at the last...
Is your risky business partner worth it?
Going on a business venture with a partner is often an immensely fulfilling journey. It also offers numerous benefits compared to starting off alone. However, there are some major hurdles as well. Many come into play if a person's business partner is less than ideal,...
What is a mediator’s role in disputes?
When working through a dispute with a business partner, it is important for both parties to do whatever they can to preserve the business tie. After all, a business is only as healthy as its relationship with others. One way to do that is by aiming for mediation...
What you should know before becoming executor
If a family member or close friend approaches you to propose you become the executor of their estate, you may want to do some research before agreeing to the important role. When someone asks you to oversee their estate once they pass it may seem like a compliment....
Can a sibling dispute end in probate litigation?
Not everyone experiences a childhood with siblings without conflict. In fact, childhood spats are common, and it is just as common for those rivalries and arguments to carry on into adulthood. Of course, adding money to the mix is never a good thing, and relatively...
What does Yazoo clay mean for your commercial property?
If you are thinking about purchasing a piece of commercial property in Mississippi, you probably already understand the importance of performing extensive due diligence. As part of this due diligence, you may want to conduct a property inspection. When you do, you...
3 methods of resolving business disputes
When you own a Mississippi small business, the odds of you finding it involved in some type of business dispute at some point is high. Business disputes often involve a contract, shareholder, employment or fraud issues, among others, and, in some cases, they may cost...