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When you’re looking at a business lease, everything is negotiable – including the rent. As a renter, you can often benefit from considering net, double net and triple net leases. These leases vary in terms of the way financial responsibilities are distributed between...
Contingency clauses are terms inserted into a purchase agreement that safeguard your interests as a potential buyer. These clauses outline specific conditions that must be met for the sale to proceed. Contingency clauses can make all the difference in your home...
As a restaurant owner, signing a commercial lease, particularly a long-term triple net lease, requires careful consideration. This type of lease can significantly impact your business's profitability and future growth. Ultimately, you have to make decisions that are...
A home purchase is, without a doubt, the largest transaction most people will ever get into. It doesn’t matter if you are buying a family home, a vacation home or an investment, a home purchase is a huge undertaking – financially and legally speaking. As such, it...
There was a time when a handshake was all that was needed to solidify an agreement. Those in business could come to an agreement, shake on it and that was that. Unfortunately, too many people took advantage of handshake and similar agreements — failing to follow...
Real estate is arguably the largest transaction that we enter during our lifetime. As such, it is important to do a little research and have a basic understanding of how the process works and the legal documents that guide the transfer. When it comes to buying...
As a real estate agent, you work on commission. Since your pay depends on the final price of the property, the details of the payment, like the timing, can get tricky. The following will dive into some of the common questions and problems that real estate agents need...
Someone who is on our land without our permission should not be able to claim it as their own — should they? The answer depends on a number of factors, but often involves the legal theory of adverse possession. What is adverse possession? Adverse possession refers to...
The commercial real estate sector can provide a solid opportunity for financial growth. Those looking to invest in this market can learn from others’ mistakes. Some of the more common that apply to pretty much every commercial real estate deal include the following....
Owning real estate can be a great way to diversify your investment portfolio. Those who choose to own real estate often rely on a 1031, or like-kind exchange, to help provide the ability to defer capital gains taxes on a property the owner chooses to sell as long as...
