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...
3 crucial considerations when investing in commercial real estate
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 lease clauses to know
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...
Commercial real estate contracts need contingencies
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 ownership options
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...
What if a real estate transaction involves an easement?
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...
Clauses are an essential part of commercial leases
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...
When should you use a specific performance clause?
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...
How to notify tenants of evictions, lease terminations and property sales
Different property owners will have various leases. They likely will vary by building or space. How the owner will inform tenants will likely be based on local and state regulations and conditions outlined in the agreement. It is important to remember that owners must...
Pros and cons of fixed-price building contracts
Builders use different types of contracts. For example, some builders will bill by the hour, while others will quote the price in advance and charge that amount. The latter approach is known as a fixed-price contract. These are incredibly common, but the builder and...