Contracts are everywhere. You and everybody you know engages in contracts multiple times in a single day. When you walk into to your supermarket, you have an implied contract to buy groceries. Despite this, many people don’t know the basics about contracts. This blog discusses basic contract issues such as breach of contract and the typical remedies for such a breach.
Read MoreDo you want to sell or re-finance your Colorado commercial real estate property, but can’t prepay on your property’s current loan? This blog will help you understand the defeasance process to get out of your loan. Since 2014, GLO has been the leading law firm in helping Denver property owners optimize their options and navigate the loan prepayment process.
Read MoreAre you a landlord, tenant, or someone involved in real estate that has been affected by COVID-19? If so, you may be wondering how your contract is affected by the pandemic. A party to a contract can be released from performance of that contract due to unforeseeable circumstances if the contract contains a force majeure clause. If the contract does not contain a force majeure clause, you may be able to get out of your obligation through frustration of purpose or impossibility, although these are harder to reach in court.
Read MoreDo you currently own or plan on starting your own small business in Denver, Boulder, or anywhere along the Front Range? Do you need help filing your articles of incorporation or developing an operating agreement for your Colorado limited liability company? If so, read this blog to find out about more about LLCs and why it is the perfect business model for your small business.
Read MoreOne of the reasons why Colorado is an ideal place to invest in real estate is the only state in the United States that uses the “public trustee” system for foreclosures. This makes foreclosures very inexpensive and thus, an ideal place for real estate lenders. But because it is unique, it’s also confusing. This blog analyses Colorado’s public trustee system and discusses your foreclosure rights as a lender, borrower, or junior lienor.
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