It is important to know what the term “trade fixtures” entails when entering into a commercial lease. Trade fixtures are often defined as dental equipment, dental chairs and dental lighting (whether or not affixed to the walls or floor) installed and purchased by the Tenant for its individual use....
Read moreHistorically the matter of restrictive covenants (aka “covenants not to compete” or “non-competes”) and their enforceability has been delegated to the states in the U.S. Employers in Ohio have for many years had the opportunity to include reasonable non-competes in their employee agreements with general confidence that if the...
Read moreDo you or someone you know have a custodial account, such as a 529 (Blackrock, College Advantage, etc.), custodial bank account (checking or savings), a Uniform Transfer to Minors Act account, or other account, set up for the benefit of minor children or grandchildren? These accounts may be subject...
Read moreUnder Ohio law all leases that have a term of three (3) years or longer must be signed and notarized to be considered valid and in effect. Failure to have a lease with a term of three (3) or more years notarized can potentially invalidate that lease. In contrast,...
Read moreThe sale of a professional practice has many considerations for both the selling and purchasing parties. From the seller’s perspective, the payment of a purchase price that is in line with the seller’s expectations and that the seller believes reflects the fair value of the practice is of paramount...
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