The Basics of Prenuptial Agreements Prenuptial agreements, also known as antenuptial or premarital agreements, are legally binding contracts entered into by two parties prior to marriage. The primary purpose of these agreements is to outline the distribution of assets, liabilities, and any other terms of the marriage, in the event of a divorce or death. […]

What is a temporary employment contract? A temporary employment agreement contract is a short-term form of employment. It is a legally binding document that employers and employees must sign before the employee begins working. There is no set ending time for the employment because there are several types of temporary employment contracts, and each one […]

What Is Seller Financing? Seller financing is a type of transaction in which the seller provides financing to the buyer of real property. The seller either partially or fully covers the sale price, and the buyer makes monthly payments to the seller over time until the loan is repaid. This form of financing can be […]

A Brief Background on Aruba Gun Ownership The general principles of gun ownership in Aruba are based on a licensing system that is governed by the Archaeological Institute for the Caribbean and Suriname (SLAC) and the Minister of Justice. The regulations surrounding this system state that anyone seeking to own a firearm on the island […]

What Are Terms and Conditions? When users download a mobile app and agree to the terms and conditions, they are entering a contractual relationship with you as the developer. The terms and conditions that you use for your app therefore carry legal weight. They form a key part of your legal protection.Terms and conditions are […]

What Is a Legal Audit? A legal audit is a comprehensive review and risk assessment of a business’ legal and contract-related obligations. Unlike a financial audit, which primarily focuses on the financial accuracy of a company’s statements, a legal audit examines the legal standing of company contracts, employment agreements, regulatory compliance, and other aspects of […]

What is a Cross Purchase Buy-Sell Agreement? A cross purchase buy-sell agreement is a business structure that is often created when partners seek to prevent unwanted ownership shifts upon the death of one of the owners. The agreement is a legally binding contract between business partners and states that if one of the business owners […]