Buying a home is a significant investment and involves a series of complex transactions between a buyer and seller. Both parties must survey and sign several contractual agreements to legally transfer property from one entity to another. However, it is common for buyers and sellers to need the help of an expert to navigate their closing documents. Real estate litigation attorneys work to review documents and contracts related to property sales, making the closing process easier for all parties involved. Read below to learn when to hire a real estate attorney and how Ritter Spencer can advise individuals and businesses through real estate litigation.
The Impact of Rising Interest Rates on the Real Estate Market
Mortgage interest rates reached record lows during the Covid-19 pandemic in 2020 and 2021. However, with the inflation increases of the past year, mortgage interest rates have spiked to their highest levels in two decades.
Read more about how rising interest rates affect the real estate market below.
DSHS Moves to Ban White Labeling of Smokable Hemp Products in Texas
On June 24, 2022, the Texas Supreme Court upheld Health and Safety Code, Section 443.204 (4), which prohibits the processing and manufacturing of consumable hemp products for smoking in Texas. However, the Court upheld our challenge to the state’s retail and distribution rule, meaning that the retail sale and distribution of consumable hemp products for smoking remains legal in the state. Read on to learn more about the latest update on Texas’ Consumable Hemp Program from the Texas Department of State Health Services (“DSHS”) and how it will impact the Texas hemp industry.
Texas Compassionate Use Program: DPS Now Accepting Applications for Dispensing Organization Licenses
In 2015, the Texas Legislature enacted the Texas Compassionate Use Act, Senate Bill 339. Under TCUP’s regulatory regime, the Texas Department of Public Safety (“DPS”) would create a secure registry for licensed physicians to prescribe low tetrahydrocannabinol (“THC”) to patients suffering from a limited list of medical conditions, including ALS and intractable epilepsy.
Since establishing the Texas Compassionate Use Program (“TCUP”), DPS has issued licenses to only three dispensing organizations to dispense low-THC cannabis to registered TCUP patients. Currently, only two are operational in the state of Texas. Recently, DPS’ Regulatory Services Division announced that department officials are now accepting new applications for dispensing organization licenses. Read below to learn more about the TCUP and the licensing application process.
Mixing Cryptocurrency and Bankruptcy
Cryptocurrency has evolved from an obscure virtual niche to a widespread consumer investment. And as more individuals and businesses collect crypto in their digital wallets, issues arise regarding how these virtual currencies are valued and categorized in bankruptcy cases.
Working with a trusted law firm like Ritter Spencer is the best way to build an understanding of how the bankruptcy process accommodates modern complexities like cryptocurrency. Read on to learn more about how the bankruptcy process addresses cryptocurrency.
The Difference Between CBD and CBG
As one of the most popular and recognizable cannabinoids, cannabidiol (“CBD”) products garner a lot of attention in the markets where they are sold. However, the growing normalization of CBD products has brought attention to a similar product: cannabigerol (“CBG”). One of the major reasons CBG has gained so much interest is because of its similarities to CBD and its potential therapeutic benefits. Both cannabinoids bind the same receptors in the brain and share many beneficial properties. Yet, they have some unique qualities that merit attention.
6 Key Considerations When Expanding into New Cannabis Markets
The cannabis industry has substantially grown in response to significant developments in legalization. As a result, multi-state operators (“MSOs”) and budding entrepreneurs nationwide are entering prospective state cannabis markets. Given the legal intricacies surrounding the cannabis industry, there is much to consider before jumping into starting a cannabis-related business.
Possession of Cannabis in Texas
As the legalization of cannabis evolves across the United States, it can be hard to keep track of the varying state laws regarding cannabis. While some states continue to foreclose efforts to legalize cannabis, progress continues to be made in state-level legalization.
When to Hire an Intellectual Property Attorney
Protecting intellectual property helps ensure the business owner maintains the rights to a unique idea, good, or service. Without this protection, a competitor may steal a popular product, or an inventor could lose credit for their product. Sometimes, creators need extra legal help when protecting their intellectual property. An intellectual property lawyer like those at Ritter Spencer can help investors avoid confusion when navigating intellectual property protection. Before legally documenting intellectual property or hiring a lawyer, it is good to understand what category it falls under and the extent of its protection.
Everything You Need to Know about Trademark Licensing
Business owners have several options to safeguard their brand. While profiting from sales through a third party, many opt to employ trademark licensing to legally protect their goods and services while trusting a third party to manufacture or sell the brand. With years of experience in various industries, the trademark attorneys at Ritter Spencer are well-versed in trademark law and can successfully guide businesses through the trademark registration or licensing process. Below, we offer answers to basic questions regarding trademark licensing to provide further insight for anyone considering this avenue.