Waverly Construction Lawyer, Virginia

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Includes: Construction Contracts, Construction Liens, Housing & Construction Defects

J. Thomas O'Brien

Construction, Corporate, Business Organization, Banking & Finance
Status:  In Good Standing           

Brian R. M. Adams

Construction, Immigration, Corporate, Collection
Status:  In Good Standing           

Robert W. Partin

Family Law, Medical Malpractice, Construction, Professional Malpractice
Status:  In Good Standing           

Katharina Kreye Alcorn

Construction, Federal Appellate Practice, Federal Trial Practice, Insurance
Status:  In Good Standing           

Alexandra "Sandra" D. Bowen

Family Law, Construction, Corporate, Wills
Status:  In Good Standing           

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Jay Francis Jason

Construction, Real Estate, Employment
Status:  In Good Standing           Licensed:  48 Years

Mary K. Wrightson

Construction, Lawsuit & Dispute, Civil & Human Rights, Business
Status:  In Good Standing           

Mary Kathryn Wrightson

Construction, Lawsuit & Dispute, Civil & Human Rights, Business
Status:  In Good Standing           

William Bradford Bray

Estate Planning, Construction, Business, Commercial Real Estate, Residential Real Estate
Status:  In Good Standing           

James Edward Vaiden

Contract, Corporate, Construction
Status:  In Good Standing           Licensed:  41 Years

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Free Help: Use This Form or Call 800-943-8690

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LEGAL TERMS

BALLOON PAYMENT

A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit bal... (more...)
A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount your monthly payments didn't cover. Many states prohibit balloon payments in loans for goods or services that are primarily for personal, family or household use, or require the lender to let you refinance the balloon payment before forcing collection.

CONTINGENCY

A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a ... (more...)
A provision in a contract stating that some or all of the terms of the contract will be altered or voided by the occurrence of a specific event. For example, a contingency in a contract for the purchase of a house might state that if the buyer does not approve the inspection report of the physical condition of the property, the buyer does not have to complete the purchase.

GROSS LEASE

A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintena... (more...)
A commercial real estate lease in which the tenant pays a fixed amount of rent per month or year, regardless of the landlord's operating costs, such as maintenance, taxes and insurance. A gross lease closely resembles the typical residential lease. The tenant may agree to a 'gross lease with stops,' meaning that the tenant will pitch in if the landlord's operating costs rise above a certain level. In real estate lingo, the point when the tenant starts to contribute is called the 'stop level,' because that's where the landlord's share of the costs stops.

TANGIBLE PERSONAL PROPERTY

Personal property that can be felt or touched. Examples include furniture, cars, jewelry and artwork. However, cash and checking accounts are not tangible perso... (more...)
Personal property that can be felt or touched. Examples include furniture, cars, jewelry and artwork. However, cash and checking accounts are not tangible personal property. The law is unsettled as to whether computer data is tangible personal property. Compare intangible property.

CONSIDERATION

The basis of a contract. Consideration is a benefit or right for which the parties to a contract must bargain; the contract is founded on an exchange of one for... (more...)
The basis of a contract. Consideration is a benefit or right for which the parties to a contract must bargain; the contract is founded on an exchange of one form of consideration for another. Consideration may be a promise to perform a certain act -- for example, a promise to fix a leaky roof -- or a promise not to do something, such as build a second story on a house that will block the neighbor's view. Whatever its particulars, consideration must be something of value to the people who are making the contract.

BREACH OF CONTRACT

A legal claim that one party failed to perform as required under a valid agreement with the other party. For example you might say, 'The roofer breached our con... (more...)
A legal claim that one party failed to perform as required under a valid agreement with the other party. For example you might say, 'The roofer breached our contract by using substandard supplies when he repaired my roof.'

ESTATE

Generally, all the property you own when you die.

ANNUAL MEETING

A term commonly used to refer to annual meetings of shareholders or directors of a corporation. Shareholders normally meet to elect directors or to consider maj... (more...)
A term commonly used to refer to annual meetings of shareholders or directors of a corporation. Shareholders normally meet to elect directors or to consider major structural changes to the corporation, such as amending the articles of incorporation or merging or dissolving the corporation. Directors meet to consider or ratify important business decisions, such as borrowing money, buying real property or hiring key employees.

INCIDENTS OF OWNERSHIP

Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to... (more...)
Any control over property. If you give away property but keep an incident of ownership--for example, you give away an apartment building but retain the right to receive rent--then legally, no gift has been made. This distinction can be important if you're making large gifts to reduce your eventual estate tax.

SAMPLE LEGAL CASES

Conger v. Barrett

... We awarded Conger this appeal. [1]. II. ANALYSIS. There are no facts in dispute, so the applicability of the statute of limitations is a purely legal question of statutory construction which we review de novo. Willard v. Moneta Bldg. Supply, 262 Va. ...

Dodge v. Randolph-Macon Woman's College

... We have repeatedly stated the principles of statutory construction that we apply when a statute is clear and unambiguous: "While in the construction of statutes the constant endeavor of the courts is to ascertain and give effect ...

Evans v. Evans

... Furthermore, "[t]he plain, obvious, and rational meaning of a statute is to be preferred over any curious, narrow, or strained construction." Commonwealth v. Zamani, 256 Va. ... Our review of these statutes is guided by well-established canons of construction. ...

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