by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is Cliff Vesting?Cliff vesting is a process that qualifies employees to receive full benefits from their employers at a specified time instead of receiving the benefits in bits over a period of time. In most situations, employees receive benefits from the...
by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is a Click-Wrap Agreement? A clickwrap agreement, also called a click-through agreement, is a type of agreement between an online user and a service provider that requires the user to agree to the terms and conditions of a website before gaining access to the...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is a Closing Statement? A closing statement refers to a document that sums up the details of a transaction, the details include the agreement or arguments of both parties involved in the transaction when closing the transaction. Closing statements can be used in...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is a Cloud on Title? A cloud on title is a claim, encumbrance or lien hat makes the title of a property contestable or disputable. When there is an outstanding lien or claim on a property, the title roi the real property cannot be ascertained, hence, the lien or...
by Jason M. Gordon | Feb 23, 2025 | Real Estate, Personal, & Intellectual Property
What is an Appurtenance? Appurtenance refers to an item that forms an accessory to a piece of land or building. In law, an appurtenance is the allocation or attachment of a right or property to a principal that deserves it. A piece of construction or a building that...
