Equipment leases provide an appealing income stream for equipment owners while granting commercial businesses a way to use this equipment without the upfront expense. As is the case with any other rental, a lease outlines the rental terms and both…
As a landlord, there are times you’ll need to enter a tenant’s home. Whether that’s for maintenance, an emergency, or a showing, it’s crucial that you understand your rights and obligations. Falling short when it comes to your obligations can…
When a tenant leaves their rental with no intention of returning, they put the landlord in a difficult position. You’re left wondering if they’re just away temporarily, how many times you should attempt to contact them, and what the law…
The distinction between secured and unsecured loans comes down to the degree of recourse that the creditor has if the debtor fails to make payments in accordance with the terms of the loan agreement. Secured loans are backed by collateral,…
Federal law allows a consumer or business to file for bankruptcy under certain circumstances. Although creditors have the right to repayment of their debt through the bankruptcy process, they often end up with less than the full amount that they…
In North Carolina, as in every other state, there is a law called adverse possession. To promote the actual usage of land, a squatter who has used land for 20 or more years, and meets a long list of requirements,…
Creditors have their own obligations under the law. These requirements may even apply when a consumer fails to uphold their own responsibilities under a sales contract. One restriction is that the creditor cannot take immediate action to seize a security…
A landlord owes certain obligations to a tenant, just like they have certain rights and expectations under the agreement. Not only must a landlord give their tenant certain specific protections under South Carolina landlord-tenant law, but they also have contractual…
When the tenant falls behind in their rent, the law would ordinarily allow the landlord to begin eviction proceedings, in accordance with the procedures outlined in North Carolina law. However, the landlord must be careful if the tenant declares bankruptcy.…
As a landlord in South Carolina, it's crucial to be aware of the potential claims tenants may bring against you under the South Carolina Landlord Tenant Act. Failing to comply with your legal obligations can result in costly disputes and…