Bill Hype is an architect currently practicing in New Mexico. His nephew, Robert Star, has finished his Intern Development Program, but has been unable to pass any of the sections of the Architectural Registration Examination (ARE). Robert has asked Bill to take him on as an employee. Bill hires Robert to do project management and some of the drafting and design work in the office.
Star chooses to receive part of his pay from Hype’s company in the form of shares in the firm. Over a five-year period Star acquires thirty percent of the company’s stock and requests to be made a partner in the firm. Hype concedes to Star’s wishes. After another five years Star ends up owning the controlling shares of the company’s stock.
It becomes a standard practice within the firm to have Star sign all contracts with clients for architectural services. Eventually, Hype and Star have a falling out and Star buys all of Hill’s remaining stock and Hype disassociates himself with the company.
Star buys a large lot in a residential part of town. He designs a four-unit apartment building for the site and submits the plans to the permitting authority. After receiving his permit he builds the project. The apartments turn out to be a great income-generator so Star decides to build another four-unit structure on the same lot.
Star’s business continues to prosper and he decides to go into partnership with a friend, Lovitt, who is a registered civil engineer. Their new business will be called “Star & Lovitt Architecture & Engineering”. Their very first project under this new name is a commercial building. The construction value of the project is $395,000 and the occupant load is 48.
The employee that Star assigns to be the project manager for this new project is an ARE candidate in the process of completing the exam. This person refers to himself as an “intern architect” when dealing with new clients.
Star chooses to receive part of his pay from Hype’s company in the form of shares in the firm. Over a five-year period Star acquires thirty percent of the company’s stock and requests to be made a partner in the firm. Hype concedes to Star’s wishes. After another five years Star ends up owning the controlling shares of the company’s stock.
It becomes a standard practice within the firm to have Star sign all contracts with clients for architectural services. Eventually, Hype and Star have a falling out and Star buys all of Hill’s remaining stock and Hype disassociates himself with the company.
Star buys a large lot in a residential part of town. He designs a four-unit apartment building for the site and submits the plans to the permitting authority. After receiving his permit he builds the project. The apartments turn out to be a great income-generator so Star decides to build another four-unit structure on the same lot.
Star’s business continues to prosper and he decides to go into partnership with a friend, Lovitt, who is a registered civil engineer. Their new business will be called “Star & Lovitt Architecture & Engineering”. Their very first project under this new name is a commercial building. The construction value of the project is $395,000 and the occupant load is 48.
The employee that Star assigns to be the project manager for this new project is an ARE candidate in the process of completing the exam. This person refers to himself as an “intern architect” when dealing with new clients.
