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What happens when property management company takes over and you have no rental agreement?
Tenancy law is different in different countries but the "property management company taking over" part is neither here nor there. For the UK, if you do not have a rental agreement in place then as a tenant you are (strangely) very well protected by the law from eviction and the landlord has very few rights at all. However, a good management company will come and meet with you and ask you to sign an appropriate tenancy agreement, which will be better for everyone in the long term.
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What happens when you have a perfected security agreement and the car company tries to do a replevin on you?
you die
What happens to options in a merger?
In a merger, the options of the acquired company are typically converted into options of the acquiring company or cash payouts, depending on the terms of the merger agreement.
What happens when you are sued in civil court for your neighbor being injured on your property?
You call your insurance company
What happens if someone sues you because they fell on your property?
Contact your homeowner's insurance company immediately and notify them of your situation.
What happens to the property in the trust when the trustee dies?
When a trustee dies, the management of the trust property typically passes to a successor trustee, as specified in the trust document. If no successor is named, the trust may need to go through a probate process to appoint a new trustee. The property remains in the trust and continues to be managed according to the terms set forth in the trust agreement. Beneficiaries retain their rights to the trust assets as outlined in the trust document.
What happens when a spouse refuses to sign the property settlement agreement after the property settlement hearing in Nevada?
You should able to go to Court to compel her signature via a judgment. (Motion for Specific Performance or Disposition of Property). Don't know how it works in Nevada or what the particular name is.
What is the full form of mbo?
Management Buy Out. The management team operating a company may believe that they can run the company better than the existing owners, usually a holding company. So they offer to buy the company from the owners in the belief that it is worth more to them than it is to the owners. Often happens when the owners indicate that they want to sell or close the company down.
What happens to unvested stock options when a company is acquired?
When a company is acquired, unvested stock options may be treated differently depending on the terms of the acquisition agreement. In some cases, they may be converted into equivalent options in the acquiring company or cashed out at a predetermined value. It is important for employees to review the details of the acquisition agreement to understand what will happen to their unvested stock options.
What happens to contracts when a company is acquired?
When a company is acquired, the contracts it has in place may be transferred to the new owner. The new owner is typically responsible for fulfilling the terms of the existing contracts, unless otherwise specified in the acquisition agreement.
What happens when the bank takes possession of a company?
If a bank is on the brink of taking possession of a company, chances are the company is in financial trouble. When the bank does take possession it usually means that the company has gone into foreclosure. They will then sell the property and the company owners will need to settle their financial issues.
If a couple has a prenuptial agreement that everything they had prior to the marriage remains theirs if something happens to the husband who owns the house will the wife be able to live there?
If he dies, the house should become soley her property unless othewise stated in the prenuptual agreement. If they have an agreement that she doesn't get the house and they break up, it would be up to him whether she stayed or not. It would not be her property if he owned it before the marriage. If it was purchased after marriage with money earned after the marriage then it would be upto them or the court to decide.
