Gary Quinnett, Attorney
10005 N May Ave, Suite 120, Oklahoma City, OK 73120

Phone: (405) 607-2266 | Fax: 1-866-728-0676
Email: gary@gq-law.com

Escrow

Most think of escrow in the sense of purchasing a home: you deposit earnest money with the title company; that money is held in escrow while you inspect the home; and at closing, the purchase price of the home is reduced by the sum held in escrow. Yet, escrow has other benefits in today’s world. [...]

2021-11-21T12:57:10+00:00February 24th, 2012|Contracts|Comments Off on Escrow

Components of a good contract

Business-to-business agreements should be in writing (personal agreements with friends and relatives also fall in the "put it in writing" category). If the contract touches a matter of any significance at all, then best to include all these components: The Parties Description of the goods or services to be procured Delivery/Performance Price and Payment Length [...]

2010-11-14T23:15:58+00:00October 16th, 2010|Contracts|0 Comments

Put Your Agreements In Writing

Business-to-business agreements should be in writing (personal agreements with friends and relatives also fall in the "put it in writing" category). If the contract touches a matter of any significance at all, then best to include all these components: The Parties Description of the goods or services to be procured Delivery/Performance Price and Payment Length [...]

2016-07-16T02:30:03+00:00October 11th, 2010|Contracts|Comments Off on Put Your Agreements In Writing

A Deal Is A Deal

I have conversations with the indebted, (i.e. businesses and persons that are in default on a financial obligation) on a daily basis. They welched on a deal, and are often looking for a way out. Call me old fashioned (or naïve), but when you enter into an agreement and the other party has lived up [...]

2010-10-22T22:54:43+00:00April 19th, 2010|Contracts|Comments Off on A Deal Is A Deal

What is a “confession of judgment clause?”

Suppose that your customer owes you $50,000. Further suppose that your good friend the oil and gas well lien cannot help you since the debt is 12 months old. In order to avoid a breach of contract lawsuit, the debtor agrees to sign a promissory note, which provides for regular monthly payments on the principal [...]

2010-10-22T02:25:49+00:00November 15th, 2009|Contracts|0 Comments
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