In Massachusetts when a buyer finds property to purchase, the first step in the process is to make an offer that the seller will accept. The buyer binds his offer with a small deposit until a more formal Purchase & Sale Agreement (“P&S”) is executed and additional deposit funds are delivered. The offer generally outlines […]
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A choice of law provision allows parties to agree that the law of a particular state will apply to the interpretation of a contract and any conflict arising therefrom. Choice of law provisions are particularly important when the parties are from different states and there are significant differences between the laws of the differing states. […]
Due to the pandemic, boat sales are up significantly this year. Before you buy or sell a boat, you should have a clear understanding of all your legal obligations, or risk running aground. Unlike other areas of the law, boating law is specialized and may require legal counsel that is knowledgeable about the business of […]
by James L. Rudolph When you buy or sell a boat, there are plenty of legal issues and potential complications, not unlike when you buy or sell a home. In fact, some boat transactions are more complicated than home purchases, as they can involve local, state and federal regulations. Furthermore, if you want to finance […]
