Legal Question in Business Law in California
Which legal form would be appropriate
We will be entering into an agreement with a company with which we act in the capacity of loan officers. We have a client that wants to secure financing on several commercial properties. We do not have the experience in this area, but want to secure our commission for the introduction of the two parties(Lender and Commercial developer) We also want to maintain the client for future business transactions.
4 Answers from Attorneys
Re: Which legal form would be appropriate
You should consider retaining an attorney for drafting and review of contracts as well as business form consultation. It may be a one time or continuous retainer to have competent counsel on call. Call me directly at 1.619.222.3504.
Re: Which legal form would be appropriate
I would add to the previous advice that you need to be sure that you (as individuals or your firm) have the appropriate business license. Receiving a commission as a finder generally doesn't require a license, but if you become involved in negotiations it is increasingly likely you'll need a broker's license.
Re: Which legal form would be appropriate
"Form"? No such thing, other than a properly drafted contract that covers all the terms and protects the parties from the risk of suit over later disputes. Feel free to contact me if you get serious about protecting your interests.
Re: Which legal form would be appropriate
The one drafted by your attorney. Seriously. This is not an area of law where you can use an off the shelf type of form. You need someone to draft a form for you to make sure it complies with California law and accomplishes your goals. If you are using a form that you find on the internet or in a book store, it will be worth what you pay for it.
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