In The News...
Leta Gorman
Elected to AAA Construction Neutrals Panel
John Bachofner
Elected to OADC Board of Directors
Ed Trompke
Elected Chair to OSB Constitutional Law Section
Jamie Howsley
Appointed to BIAW's Legal Committee
Elected to AAA Construction Neutrals Panel
John Bachofner
Elected to OADC Board of Directors
Ed Trompke
Elected Chair to OSB Constitutional Law Section
Jamie Howsley
Appointed to BIAW's Legal Committee
February 2012
By Hafez Daraee
For parties who wish to communicate quickly but indirectly, no other medium is as efficient or as effective as an e-mail. But, e-mails can have unintended consequences, specifically by forming an unintentional and potentially binding contract.
Fundamental Elements of a Contract
Under Oregon law, as in most states, a contract is formed only if the parties involved have a "meeting of the minds" on the essential terms. This simple phrase means that the parties have reached a consensus on the necessary elements of the transaction, such as quantity, price, volume, etc. There are other required elements to a contract but without a basic meeting of the minds, there is no consensus and thus no contract.
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By Damien R. Hall
It is not news that the continuing difficulty faced by real estate developers in obtaining traditional bank loans to finance projects has slowed the pace of development. With bank loans proving scarce for all but the most robust development outfits, securing the needed capital to make a project go has become difficult. Developers that once eschewed public programs and incentives as an alternative to private debt financing are finding an occasion in the current market to rethink the merits of some alternative funding sources.
This article identifies and briefly examines some of the various programs and incentives that are available to the developer who needs alternative funding sources and has the right project.
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Vancouver, WA... Jordan Ramis PC is pleased to announce the addition of noted land use attorney James D. Howsley to the firm's Dirt Law practice group.
"We are thrilled to welcome Jamie to Jordan Ramis," said Tim Ramis, Chair of the firm's Land Use Law practice group. "The experience he brings to our land use and real estate teams, along with his track record of success, will provide a great service to our clients and to the Northwest."
Jamie joins Jordan Ramis PC's Vancouver office as a shareholder. He has extensive experience in land use approval and permitting, annexations, code amendments, development agreements, legislation, ballots, and lobbying. His primary areas of practice include land use and real estate development, environmental and natural resources, and government and regulatory affairs.
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Off the Record is a business newsletter published periodically for the clients and friends of the law firm Jordan Ramis PC. The information contained in this newsletter is necessarily presented in summary form and should not be relied on as a substitute for direct attorney consultation.
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