The Supplemental Agreements Primer: Need To Knows And Uses

What is a Supplemental Agreement

A supplemental agreement is an addendum or appendix to a primary contract. Its purpose usually is to clarify, amend, or provide additional detail for provisions within the parent agreement.
Supplemental agreements are usually drafted and executed separately after the original contract is in place. Depending on the circumstances, a supplemental agreement can consist of a single Page that contains new or modified provisions or even multiple pages outlining additional details, such as timeline, payment, scope of work, or other contract clarifications. A supplemental agreement can incorporate language that indicates it only supplements the parent agreement. For example, one could use the following language in a supplemental agreement: ‘This supplemental agreement supplements the [Name of Parent Agreement] entered into between [Name 1] and [Name 2] on [Date] . "
Common purposes of a supplemental agreement include:
Clarifying provisions of the parent agreement
Addressing ambiguity
Providing additional details
Updating incorrect information
Extending the term of the parent contract
Oral agreements entered into verbally between contracting parties also can be supplemented in writing with a supplemental agreement.
In real estate transactions, supplemental agreements are used for a wide variety of reasons, including adding contingency clauses or financing conditions to the parent agreement. If a supplemental agreement modifies the price of the property, it should be executed by both parties. Any amendments that merely extend the closing date are often referred to as "amendments."

The Complete Storage Rental Contract Template Guide

Storage Rental Contracts: The Basics

A storage rental contract is a legally binding agreement between the landlord and the tenant that clearly states that the tenant has agreed to rent out a unit. It will describe the rent payable and for what period or until a cancellation notice is given. Storage contracts within the United States are generally accompanied by a set of rules and regulations such as security, use, and access. They also describe the lien process for the landlord in case of non-payment. It is important that these agreements be carefully read to ensure that you understand your rights and obligations as a tenant or storage unit owner .
Storage contracts generally include the following:
Precise description of the unit number
The amount of rent and due date
Security deposit information
How often the unit is accessible to you
Location of unit
Rules and regulations of facility
Terms of monthly, or long term lease
Lien process
Right to sell process
Maintenance of the unit
Restrictions on what can or can’t be stored
Landlord access to unit
Contract termination
Consequences of non-payment

Creating the Ideal Sign-On Bonus Agreement Template

What is a Sign-On Bonus?

As the name suggests, a sign-on bonus is a sum that an employee is offered upon accepting his or her position with an employer. The terms of a sign-on bonus, including the amount and the multitude of ways it can be paid out, vary from job to job. An employer may offer a sign-on bonus, for instance, as a percentage of the employee’s base salary, as a lump-sum "bounty," or as a combination of the two.
Why offer a sign-on bonus? In recent years, many employers have taken to using this kind of incentive to get new hires on board. If you look at the "Rochester 100" list published by the Rochester Chamber of Commerce, almost half of the top employers in the area offer sign-on bonuses to new employees . Generally speaking, employers offer sign-on bonuses to attract top talent, encourage loyalty, reduce turnover, and stoke competition.
For employees, a sign-on bonus can provide a much-needed boost when they’re beginning a new position. In particular, for those moving from a low-cost to a high-cost area, a sign-on bonus can ease the transition from their previous job to their new position. Similarly, sign-on bonuses can be used to offset the cost of relocating for new hires from across the country or internationally.
Some negotiation is common, but not always appropriate. Consequently, an employee who believes he or she is worth the sign-on bonus should not be afraid to ask for it.

Breakdown of Airbnb Sublease Agreement: A Comprehensive Tutorial

What is an Airbnb Sublease Agreement?

An Airbnb sublease agreement is an agreement between two parties where one party (the "tenant" or "sublessee") rents a property (or a portion of a property) from its owner (the "sublessor" or "sublandlord") for a short period of time and, in turn, leases the same property (or a portion of a property) to a third party subtenant. The tenant pays the owner for the use of the property, and the subtenant pays the tenant. Typically, a simple rental rate deduction and payment system is in place so that the sublessor receives rent from the tenant each month, the tenant receives rent from the subtenant each month, and the subtenant uses the property for a short stay. The tenant assumes the same obligations under the sublease that would be imposed if the property were available for long-term leasing .
The sublease agreement is a tourism-oriented sublease agreement designed specifically for use in conjunction with Airbnb. Use of this agreement and its provisions will vary by state, and it is important to research the state laws in your jurisdiction to ensure that you adhere to all applicable statutes; numerous states allow for short-term leases for fewer than 30 days. However, some states specifically prohibit subleases such as those offered for less than 30 days; you should also check your condo association or HOA bylaws, as certain properties may not permit short-term leasing.
The Airbnb sublease agreement differs from a long-term lease in that it does not last longer than 90 days and is assumed without viewings or inspections. Use of the Airbnb sublease agreement to profit from property owned by another may be considered a bad faith exercise if the tenant hides its intent to sublease to the owner.

All You Need to Know About the Free Trader Agreement NC Form

Know What a Free Trader Form Is

What is a Free Trader Agreement? Perhaps you have heard of or seen North Carolina Form North Carolina Free Trader Agreement, maybe you have without knowing it. The North Carolina Free Trader Agreement is defined in the Code of North Carolina at N.C.G.S. 52-10 and allows a married couple to divide their own separate financial responsibility among themselves and legally disclaim the separate liability. Separating financial responsibility can sometimes be useful for individuals who wish to separate their assets and liabilities from their partners. This is commonly done involving real property only owned by one spouse . Think about if you are married to an individual in North Carolina and you agree to purchase a rental home. As the deal is made to purchase the home, you and your husband does not want the home in your name, only in his name. The bank or lender agrees to lend you and your husband money under certain circumstances. They will, however, require you and your husband to sign a Free Trader Agreement in which you agree your husband will be financially and legally responsible for the mortgage loans issued to purchase the property you and your husband are buying as a married couple.

The Essential Car Dealer Purchase Agreement Forms: What You Should Know

What is a Car Dealer Purchase Agreement?

A car dealer purchase agreement form is a contract between the buyer and the seller of a car. The seller is the car dealership, while the buyer is the individual or individuals purchasing the vehicle. These forms can take many different names based on the exact policy of the dealer, but the designated name does not change the content requirements or the legal terms of the document.
The purchase agreement serves to demonstrate the legality of the sale. It outlines the terms of the agreement between the buyer and the seller, including the agreed price and payment policy. Once signed, the document denotes an agreement of sale has been entered into between the buyer and the seller. States may have different requirements with respect to their car dealer purchase agreement forms, including whether they must be certified by a notary public.
The most basic aspects of the car dealer purchase agreement provide enough information to determine the registered title owner of the vehicle. The buyer’s information should contain the legal name of the buyer, along with any information regarding spouses, partners, or co-signers. Under the seller’s information, the full business name of the buyer should be listed , as well as the full physical address of their place of business. Some of the more complex car dealer purchase agreement forms might contain tax and warranty information as well.
The cost of the car, the method of payment, and any provisions for installment plans should also be included in the purchase agreement. Additional forms may detail trade-in allowances for old vehicles against the price of the buyer’s next vehicle obtained through the seller. Car dealerships often use purchase agreements to enforce their own contractual terms regarding the conditions of the sale. For instance, a car dealer purchase agreement might include information regarding the standard installation of add-ons on every vehicle sold.
These agreements can also include contracts for insurance of the vehicle, including the specific type of insurance the dealer requires for the vehicle. For most buyers, this is a simple form that details the transaction completed with the seller. Certain types of transaction details and provisions may be subject to other legal requirements and state laws. A car buyer should always examine their dealer’s version of a purchase agreement to ensure it contains any other provisions that are specific to the deal offered.

What You Should Know About Adultery Laws in California

Adultery and the Law: An Overview

Adultery, by definition, typically refers to voluntary sexual intercourse between a married person and someone other than his/her spouse. While adultery is often strongly stigmatized and viewed as morally unacceptable in many cultures, the legal system in California does not maintain a moralistic view of the practice or the practice of divorce. In fact, California’s no-fault divorce system virtually eliminates the consequences of having an extramarital affair from the dissolution of marriage process. In other words, the presence of infidelity is typically not sufficient on its own to merit a divorce on the grounds of the relationship being irreconcilably broken.
As discussed in California Family Code Section 2310, the grounds for legal divorce are that either spouse "become[s] 3 years of continuous separation, or incurable insanity, […]" Essentially, the California divorce process does not take into consideration the reasons people have for seeking to dissolve their marriage. At the same time, demonstrating a lack of sexual fidelity may affect the property division process through the concept of community property . When a couple shares income earned during their marriage, that money belongs to the "community" and is subject to division in the divorce process. However, if one spouse is able to prove adultery occurred (anywhere from online appearances to a full-blown affair) so that the other spouse was as well, for example, cheating spouses would then be considered to have been using community funds for their extramarital affairs and could potentially be denied half of their share of community income. While prenuptial agreements often specify how marital income is to be divided in the instance of a dissolution of marriage, there are limits on how a court may divide assets (be they marital or separate properties) so that both parties to the marriage (and custody holders to the children) are protected financially from the dissolution process.
In addition to affecting property division, adultery may also affect custody arrangements, particularly if there is a risk the cheating spouse was dishonest with the other spouse about his/her whereabouts when looking after the children or even, in egregious cases, if the illicit partner has been known to have met with the success’ children or the success actively introduces the children to the illicit partner.

The Right of First Refusal Clause Explained in Leases

What is a Right of First Refusal Clause?

Under a right of first refusal clause, a landlord would give the tenant the right to acquire a property that the tenant is leasing, or any other property that is contiguous to the property that the tenant is leasing. In such an event, the landlord is obligated to seek an offer and offer the same terms and conditions to the tenant to see if the tenant is interested. Thereafter, if the tenant is not interested, the landlord is free to sell to the third party on terms that are equal to, better than or worse than the ones presented to the tenant . A right of first refusal clause can allow the tenant to control an entire area and gain control of properties that are next to or near the property that the tenant is leasing.
A right of first refusal clause gives the tenant the exclusive ability to purchase property that is next to or near what the tenant leases. It means that the tenant is not only leasing that property for its own use but also has the ability to buy it and possibly other nearby properties.

Creating an Effective Legal Secretary Resume: Best Samples and Advice

Identifying the Legal Secretary Position

There are several core responsibilities that a legal secretary generally has. A legal secretary will draft and proofread letters, petitions, motions, and other filings. These documents are often time sensitive, but the legal secretary should strive to create professional work product. A legal secretary also prepares client bills, maintains confidentiality, communicates with clients and witnesses, and organizes documents into appropriate files. On any given day, a legal secretary may assist in preparing for hearings, processing filed documents, and making appointments or travel arrangements as needed. A legal secretary must follow office procedures precisely , be available to perform similar tasks and duties as requested, and work well with others (or sometimes work independently).
In order to be successful as a legal secretary, certain skills are preferred or required. A legal secretary should be an effective communicator, be punctual and capable following deadlines, demonstrate problem-solving skills and the ability to multitask, and be well acquainted with operating systems and software. Legal secretaries are expected to be familiar with the law, billing practices, and court rules, and to complete other tasks at the direction of an attorney.

What You Need to Know About Legal Separation in Michigan: Facts, Procedures, and Implications

Divorce vs. Legal Separation in Michigan

Until a few years ago, there was no "Legal Separation" in Michigan. A married couple could either be married or divorced, with no mention of "legal separation" in Michigan law. Because of this, if you did not live together for a period of 6 months, the other spouse could file a divorce action in court, and the court would not be able to stop them from getting a divorce. However, the Michigan Divorce Reform Act of 2015 created a new statute to allow married couples to be legally separated in Michigan. A legal separation in Michigan is very similar to a divorce, except that it does not lead to the termination of your marriage. Otherwise, it is very similar to filing for divorce in Michigan. You can file for a legal separation by filing a lawsuit and going through a trial, just like with a divorce. A court can enter orders regarding custody, child support, spousal support, and division of property in Michigan as part of the procedure. You can enforce those orders against the other party in Michigan courts. However, unlike a divorce, a legal separation will not terminate your marriage . So while legal separations are now officially recognized in Michigan, most people still file for divorce if they do not want to be married anymore. That is because the reality is that a divorce is only "temporary" until trial, and it could be over in 1 year or 2 years. But it does not keep you ‘legally separated’ in the sense that your ideal separation would look like. You are still married and still responsible for the other person financially. A legal separation on the other hand – based upon how long you’ve lived separate and apart, the circuit court would take your wants and needs into consideration, and then grant the terms you want. With a legal separation, you can more-or-less file paperwork and go to court, and the court will grant you what you ask for. You have a right to spousal support (alimony), child custody and child support, and division of assets. These rights are confirmed by the court in an order, so there are no surprises later on down the road. To put it simply: a legal separation is a simpler way to walk away from your spouse and make sure you are both taken care of, without the messy side of divorce and without making such a big change all in one day.