Monthly Archives: October 2018

Merging business and law – becoming a real estate lawyer

As the cost of buying land and building homes continues to rise, people are finding it easier and more cost-effective to buy condominiums, especially in the urban centers. Consequently, more real estate companies are opting for condominiums instead of rental apartments. And just like in any other lucrative venture, new laws governing the condominium business are emerging every day, making it important for investors to hire lawyers who specialize in this field of law.

Commonly known as the condo lawyers, this class of attorneys provides legal services to condominium corporations, condominium owners, real estate companies, property managers and buyers. They specialize in a wide range of services, most of which are tailored to meet the standards of the ever-changing condominium market.

Here are some of the common services offered by condominium lawyers.

  • Contract Drafting and Negotiations

The preparation of any legal document involves a long and tedious process, which understandably requires the application of a qualified legal mind. Therefore, in order to avoid simple mistakes that might cost one their hard-earned investment in condominiums, it is always important to hire a qualified condo lawyer to help in drafting contracts and sale agreements. These lawyers also help their clients in negotiations involving the sale of condominiums, ensuring that they get the best deals. In this field of law, attorneys are required to protect their clients’ bottom-lines.

  • Litigation

When one is buying or selling a condominium, there are important laws and regulations they must abide by. Failure to adhere to these rules can lead to prosecution. To avoid such eventualities, one is required to understand the existing rules and regulations. That’s why one needs to hire an experienced condo lawyer, who thoroughly understands condominium law, for counsel. And in case of litigations, these lawyers are best placed to advice the involved parties on the best way forward.

  • Advising on By-laws and Rules

Since condo lawyers are well-versed with the condominium law, they are the ones who should draft condominium by-laws. Since condominiums are owned by individuals who share the same amenities, individual sellers and corporations are required to set their association rules and by-laws clearly to avoid conflict. Therefore, the task of drafting these regulations should be left to qualified lawyers who understand all the legal intricacies that may arise in future. They also know how to seal all legal loopholes that dubious buyers might use to subvert the condominium association by-laws.

  • Mediate and Arbitrate  

Since condominiums are designed to host communities, disputes are likely to occur from time to time. Such quarrels may include disagreements between condo owners, sellers and corporations. When such disputes arise, it is always good for the parties involved to try to solve them as soon as possible and avoid protracted legal battles. This is where condo lawyers come in handy. They help to mediate and arbitrate the dispute and come up with an amicable settlement.

Condo lawyers are an integral part of any process involved in the construction and sale of condominiums. But one needs to ensure they hire the best attorney.

Why the education industry must embrace technology

The education industry has long been one of the strongest, most positive industries in the world. Generation after generation, students sit in classes, take examinations, and strengthen their intellectual capacity. As time has gone on, however, the sector has found itself in a state of transition that it has not been entirely supportive of. After the rise of technology in industries like business and medicine, the world began to see the disruption of technology find its way into the education system. It began with simple changes like student submission procedures, college admissions, and even new business opportunities in the academic sector such as academic editing services going digital followed by the spread of digitization through education becoming more advanced.

It is important to note that while the education industry is evolving, the ways that we embrace education itself and learn are not likely to change. The disruptive technologies that have found their way into the education sector have only replaced the aspects of education that are severely outdated and no longer viable, and have gone on to strengthen the concepts that have proven to be useful. Technology eliminated the necessity for paper submissions, effectively allowing universities around the world to significantly limit their use of paper products. The same goes for traditional textbooks.

A classic example, however, of technology strengthening an existing aspect of education, is the development of online education. Instead of taking universities entirely online with no cause for students to enroll at traditional brick and mortar schools, technology simply created a platform that allowed individuals without access to education the chance to have it, through online education.

When entire schools began to take their programs online, the development of education technology (EdTech) rose to unprecedented heights, becoming more advanced and more intricate than many educators and institutions were expecting. History and tradition have made some more experienced educators and more established, prestigious schools wary of the inclusion of EdTech in their presence, but realistically it is the schools that are wholeheartedly welcoming the changes, that are becoming the leading institutions going forward into what is largely being hailed as an era reliant on technological advancement.

With the entirely planet going digital, technological advancement cannot and will not be stopped. We are well past the point of return, and the fact of the matter is that we are better off with technology than without it. Humanity has evolved and moulded with the revolution of technology too closely to back out now, and anyone that thinks otherwise needs to take a closer look at the world around them.

There are two reasons why education must embrace EdTech development and evolution. The first is inclusion – technology has allowed the entire world (for the most part) the chance to be a part of higher education, if they wish to. Without technological advancement, this kind of global inclusivity would not have been possible – period. And secondly, the entire world is going digital, and any industry’s refusal to realign and adapt to that fact is setting itself up for failure over time. Technology is the future –  the time to jump on the bandwagon was yesterday. But you know what they say…better late than never.