Business Transaction & Formation


Assisting Houstonians One Successful Business Transaction at a Time!

A prudent business person must consider various issues when starting a business, purchasing or selling a business, merging or acquiring another entity, or entering a contract that may potentially affect the life of the business. The experienced Houston Business Attorneys and the West Houston Business Attorneys at the Law Offices of Steven Tuan Pham are equipped to analyze your particular situation, counsel you on the issues of concern, and develop an action plan that will accomplish your goals and objectives. Our Houston Business Attorneys have assisted clients in drafting purchase/sale agreements, real estate contracts, and promissory notes and security instruments in the millions of dollars. Our Southwest Houston Business Attorneys have assisted clients in drafting and reviewing complicated commercial contracts for both landlords and tenants. Finally, our Southwest Houston Business Attorneys have drafted and reviewed real estate contracts for both commercial and residential properties, with improvements, valued in millions of dollars.

Please contact the Houston Business Attorneys and the Southwest Houston Business Lawyers for a personal consultation. Our Houston Business Lawyers can be reached at 713-517-6645 or via our online contact form.


  • Texas Commercial & Residential Real Estate Contracts – Drafting and reviewing commercial and residential real estate contracts and commercial lease agreements. Contact the Houston Real Estate Attorneys at the Law Offices of Steven Tuan Pham
  • Preliminary Title Report & Title Insurance Policy – The Houston Real Estate Litigation Lawyers and Real Estate Transaction Lawyers can assist you in reviewing prliminary title report during the feasibility period
  • Seller Financing vs. Third Party Bank Financing – Assisting clients drafting and reviewing financing addendums and promisory notes and liens. You are invited to contact the Houston Real Estate Attorneys and the Houston Real Estate Litigation Attorneys at the Law Offices of Steven Tuan Pham
  • Capital Gains Tax in a Sale of a Commercial Real Property – Advising clients on financing strategies to reduce tax liabilities in capital gain. Contract the Houston Real Estate Litigation Lawyers and the Houston Real Estate Attorneys for more information.
  • IRC Section 1031 Deferred Exchange – Like-Kind Exchange – Structuring like-kind sales and purchase property to avoid capital gain taxes by our Houston Real Estate Lawyers and our Houston Real Estate Litigation Attorneys.
  • Structured Sale – An Alternative to Section 1031 Deferred Exchange – Drafting financing documents to avoid or reduce tax liabilities by the Real Estate Litigation Lawyers


A prudent entrepreneur must consider many issues when starting a business. Of premier importance is the type of business entity (corporation, partnership, DBA, etc.) that will best suit your type of business. The experienced Houston business lawyers at the Law Offices of Steven Tuan Pham are equipped to analyze your particular situation and counsel you on the most effective type of business entity for you. Of prime concern is the issue of reducing potential personal liability for the acts of your employees and day-to-day business operations. If you operate your business under the improper entity, you may be exposing yourself to unnecessary risk.

There are several factors to consider when deciding on the right type of business entity to form. For example, the size of your business, the nature of your business, the type(s) of risk inherent in your business and your business’s profitability are areas that need consideration. Our experienced Houston business attorneys are able to counsel you regarding the relevant legal issues as they relate to your business so you can choose the type of business organization best suited for your situation. There are three main categories of business entities to consider when starting or reorganizing you business. They are corporate entities, unincorporated entities and limited liability companies.

Corporate entities include corporations while unincorporated entities include partnerships and sole proprietorships. A third unincorporated entity, which blends certain aspects of both corporations and partnerships, is the limited liability company or LLC. After a detail consultation, our Houston business attorneys will assist you to determine the best suitable business entity for your organization.


As a business owner, you likely come into contact with contracts daily in some form since business relationships oftentimes require an agreement that is reduced to writing, even though a contract can be formed outside of a written instrument. Understanding the rights and obligations of the parties to a contract is essential in assessing risk and understanding what is necessary to perform under the agreement in order to be profitable. Without a working understanding of the essentials of a contract, a business owner is at a distinct disadvantage when negotiating the terms of the agreement. The Houston contracts attorneys and the Houston contact lawyers at the Law Offices of Steven Tuan Pham can assist you in interpreting, drafting and analyzing contracts, including employment contracts, leases, partnership agreements, operating agreements, purchase/sale agreements and issues regarding mergers and acquisitions.

One of the prime goals of drafting a solid contract is to avoid or minimize future disputes while negotiating the best possible deal under the circumstances. Business owners, even seasoned ones, who understand the intricacies of strategic contract drafting and negotiations, are more likely to avoid disputes, which detract from the primary purpose of the business – to make money. If you have a new business or have been in business for years, it is good to review commonly relied upon documents to make sure they are consistent with the law. Also, if you need to have a business contract drafted or an employment agreement structured, consult the Houston business attorneys and the southwest Houston Business Lawyers at the Law Offices of Steven Tuan Pham to discuss your legal options and potential risks.


When a partner in a business venture decides to sell his share of the business, he enters into an agreement with the other partner(s) to do so. This transaction is governed by the terms and conditions contained in a partnership document called a buy/sell agreement. A buy/sell agreement will address how partnership shares are to be distributed when one or more partners seek to sell his interest in a partnership and at what price. Buy/sell agreements provide a framework through which business interests are bought, sold or transferred between partners or shareholders. These types of business agreements are necessary to avoid uncertainty and mistrust between business partners and can be drafted in any manner that is relevant to the business. Buy/sell agreements need to be drafted fairly to all involved with a share price that either reflects a method to determine the share price or a stipulated share price amount. The Houston business attorneys and the Houston business lawyers at our law firm have over 40 yeas of combined business experience and over 10 years in drafting business contracts.  Please contact our Houston business attorneys for assistance.

Some common elements of buy/sell agreements include; to whom the shares can be sold, buyback provisions, share valuation methodology, terms of sale (if the purchase is to be financed), owner bankruptcy provisions, automatic share sale offers and notice provisions. As you can see, buy/sell agreements can be very complex. If you are contemplating starting a partnership, modifying an existing partnership, or making provisions for buying and selling shares of an existing business, a consultation with a Houston Business Attorney or a Houston business lawyer at Law Offices of Steven Tuan Pham to discuss your particular business partnership needs can save you time, toil and effort in the end. Just because you and your partner are in good standing now does not mean that your relationship will remain that way. Just remember, over time memories fade and the specifics of an unwritten agreement can be lost. It is always a good idea to reduce an agreement, even among friends, to writing – not because you mistrust each other, but so that the terms and conditions initially agreed upon are preserved for future reference. Because buy/sell agreements can be extremely complex, a prudent business person should consult a Houston business attorney and a Houston business lawyer to discuss the intricacies of such an agreement and/or to review a buy/sell agreement that has been presented for signature. To set an appointment, contact our Houston business attorneys and Houston business lawyers at the Law Offices of Steven Tuan Pham at 713-517-6645.


    To Top