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In commercial real estate, it always pays to think about the future when the needs of either the landlord or the tenant may change. To this end, two common expansion clauses tend to pop up: the right of first offer (ROFO) and the right of first refusal (ROFR). While...
Many businesses negotiate commercial leases with landlords. This is especially beneficial for businesses that are just starting and can not afford to own a building. Most commercial leases are negotiable. Here are a few matters that business owners may need to discuss...
In the dynamic world of commercial real estate, financing plays a pivotal role in enabling growth and success. However, economic uncertainties, market fluctuations and unforeseen challenges can disrupt the smooth repayment of commercial property loans. This is where...
Real estate investment (residential or commercial) is, by all means, a huge undertaking. Whether you are buying to lease or open a new store, you want to be sure that the commercial property you are putting your hard-earned money on is worth it. To get value for your...
Commercial real estate leases are often lengthy and dense. Ideally, they protect the owner's and lessee’s interests. These contracts will identify the usual basics of the exact commercial property the tenant will occupy, the length of the agreement with start and end...
Contingencies are a standard part of nearly every valid contract, including commercial real estate agreements. The reasons are pretty simple – they can address unnecessary risks and provide peace of mind to both sellers and buyers. When millions are on the line,...
Commercial real estate (CRE) investing is something that many look at when they diversify their portfolio. Typically involving large sums of money, it is common for investors to look at real estate investment trusts (REITs) or fractional ownership with a group. The...
Real estate with an easement is not unusual and can be an excellent investment. Still, the buyer should understand exactly how the easement affects the value before closing the sale. An easement is a legally binding agreement that allows non-owners or non-occupants...
Whether opening a business, expanding it or moving it to a new location, shopping for a suitable new space is important. Once you select a space, it is time to review the landlord's commercial lease. These are often lengthy with a lot of legal jargon, but it is...
Contracts are the lifeblood of any practical business model. Companies use them to hold others and themselves accountable for every transaction or deal. Many will feature different clauses to address potential issues specific to the agreement, and one of those is a...