Corunna Land Use & Zoning Lawyer, Indiana
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Robert W. Eherenman
Land Use & Zoning, Corporate, Contract, Business Organization
Status: In Good Standing Licensed: 32 Years
444 East Main Street, Fort Wayne, IN 46802
Profile LAWPOINTS™40/100
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Robert Gordon Lord
Land Use & Zoning, Real Estate, Estate Planning, Transactions
Status: In Good Standing
130 N. Main Street, Goshen, IN 46526
Profile LAWPOINTS™34/100
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Richard K. Helm
Land Use & Zoning, Construction, Litigation, Business Organization
Status: In Good Standing Licensed: 51 Years
105 E Main St, Warsaw, IN 46580
Profile LAWPOINTS™40/100
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LEGAL TERMS
DIRECTOR
A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important bus... (more...)
A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important business decisions -- especially those that legally bind the corporation -- leaving day-to-day management to officers and employees of the corporation. For example, a decision to borrow money, lease an office or buy real property would normally be authorized by the board of directors. However, in the small business world, where it is common for owners to be directors, officers and employees simultaneously, distinctions dividing the roles and responsibilities of these groups are often blurred.
NET LEASE
A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's ope... (more...)
A commercial real estate lease in which the tenant regularly pays not only for the space (as he does with a gross lease) but for a portion of the landlord's operating costs as well. When all three of the usual costs--taxes, maintenance and insurance--are passed on, the arrangement is known as a 'triple net lease.' Because these costs are variable and almost never decrease, a net lease favors the landlord. Accordingly, it may be possible for a tenant to bargain for a net lease with caps or ceilings, which limits the amount of rent the tenant must pay. For example, a net lease with caps may specify that an increase in taxes beyond a certain point (or any new taxes) will be paid by the landlord. The same kind of protection can be designed to cover increased insurance premiums and maintenance expenses.
NONDISCLOSURE AGREEMENT
A legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper a... (more...)
A legally binding contract in which a person or business promises to treat specific information as a trade secret and not disclose it to others without proper authorization. Nondisclosure agreements are often used when a business discloses a trade secret to another person or business for such purposes as development, marketing, evaluation or securing financial backing. Although nondisclosure agreements are usually in the form of written contracts, they may also be implied if the context of a business relationship suggests that the parties intended to make an agreement. For example, a business that conducts patent searches for inventors is expected to keep information about the invention secret, even if no written agreement is signed, because the nature of the business is to deal in confidential information.
INCAPACITY
(1) A lack of physical or mental abilities that results in a person's inability to manage his or her own personal care, property or finances. (2) A lack of abil... (more...)
(1) A lack of physical or mental abilities that results in a person's inability to manage his or her own personal care, property or finances. (2) A lack of ability to understand one's actions when making a will or other legal document. (3) The inability of an injured worker to perform his or her job. This may qualify the worker for disability benefits or workers' compensation.
INTANGIBLE PROPERTY
Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such 'untouchable' items... (more...)
Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such 'untouchable' items may be represented by a certificate or license that fixes or approximates the value, but others (such as the goodwill or reputation of a business) are not easily valued or embodied in any instrument. Compare tangible property.
SEIZURE
The taking of physical evidence or property by law enforcement officials. This runs the gamut from taking blood for a drug test to impounding a car used in a ro... (more...)
The taking of physical evidence or property by law enforcement officials. This runs the gamut from taking blood for a drug test to impounding a car used in a robbery. The police must generally obtain a search warrant, or court order, before they can seize personal property.
WORDS OF PROCREATION
Language used to leave property to a person and his or her descendants, which typically take the form 'to A, and the heirs of his body,' where A is the person r... (more...)
Language used to leave property to a person and his or her descendants, which typically take the form 'to A, and the heirs of his body,' where A is the person receiving the property.
ASYLUM
A legal status granted to an individual who is in the United States and fears political persecution if he or she is forced to return to their home country.
DEVISE
An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some s... (more...)
An old legal term that is generally used to refer to real estate left to someone under the terms of a will, or to the act of leaving such real estate. In some states, 'devise' now applies to any kind of property left by will, making it identical to the term bequest. Compare legacy.
SAMPLE LEGAL CASES
COMMON COUN. MI CITY v. BD. OF ZONING APP.
On August 15, 2006, Herman & Kittle Properties, Inc., ("Herman & Kittle") filed with the Michigan
City plan director an application for permission to construct an apartment complex on the land
annexed in 1971. On September 26, 2006, the Common Council met and voted to rezone ...
600 LAND v. METROPOLITAN BD. ZONING APP.
600 Land, Inc. purchased an 8-acre parcel of land in Marion County with the intent to develop
it as a "solid waste transfer station" and recycling facility. Trucks bring loads of solid waste and
recyclables to a "transfer station," a building where 307 the trucks are unloaded, the loads ...
Burcham v. Metro. Bd. of Zoning Appeals
Crooked Creek Community Council, Inc., appeals the trial court's affirmation of a zoning variance
[1] granted to Celebration Fireworks. On cross-appeal, Celebration and the Metropolitan Board
of Zoning Appeals Division I of Marion County ("BZA") assert we should dismiss this ...
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