More Mistaken Moments
by Stuart Lautin, Esq.
Last month I discussed how a mistake in a Contract can destroy it. This month I present Part Two.
On December 15, 2008, David Duckworth borrowed $1.1 million from the State Bank of Toulon. The bank’s loan officer prepared loan docs.
The Note was dated and signed December 15, 2008, but the Security Agreement was dated two days earlier – December 13, 2008. The Note referenced the Security Agreement. But the Security Agreement had a critical mistake. It stated that it secured a Note dated December 13, 2008. Not December 15, 2008….
….. Read More.
Stuart A. Lautin, Esq.* Counsel to NTCAR
Higier Allen & Lautin, PC
5057 Keller Springs Road, Suite 600, Addison Texas 75001
P: 972.716.1888 | E: firstname.lastname@example.org | W: www.higierallen.com
* Board Certified, Commercial (1989) and Residential (1988) Real Estate Law, Texas Board of Legal Specialization
Previous Counsel’s Corners Articles:
More Mistaken Moments
Commercial Due Diligence. Or Not?
LeaseHold Construction Goes Bad
When Business Friends Become Business Partners
Jackin’ With Effective Dates
How Not to Evict
Commercial Leasing (times two)
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When a Guaranty Agreement Is not.
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ORAL DEALS AREN’T BINDING. RIGHT?
8.00% INTEREST = 00.00 OR MAYBE 5.00%
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STATUES OF FRAUDS!
TENANTS: BEWARE THE BUILD-TO-SUIT
LOSS MITIGATION IN COMMERCIAL LEASING
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PART ONE: DO NON-REPRESENTATION PROVISIONS REALLY WORK?
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