Commercial leases can significantly impact how a tenant or landlord operates their business. Vague details left undetected after signing the contract can lead to disputes over time, potentially resulting in losses or damages for both parties. Fortunately, they can...
Commercial real estate issues
Your commercial tenant is bankrupt. Now what?
Small businesses do not always succeed. Still, it can be unsettling to discover that your commercial tenant is now unable to pay debts and obligations due to financial difficulties. Moreover, this unexpected development puts your rental income at risk. This is a...
The commercial real estate foreclosure process
A commercial real estate purchase can be a valuable investment, but if you are unable to make the loan payments, the property may be subject to foreclosure. This can damage your business in many ways. Foreclosure process Generally, the foreclosure process on...
Fulfilling your obligations in a commercial real estate contract
Commercial real estate contracts can address any number of situations, such as leasing spaces for businesses or warehouses, or even buying property for new construction. Oftentimes, mergers and acquisitions will involve commercial real estate deals and, of course,...
Commercial real estate can come with risks
Commercial properties tend to yield more than residential leases. They have higher income potential. Tenants leasing commercial property typically occupy the property for extended periods, meaning the contracts involved with commercial real estate offer more income...