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Before signing a lease or purchasing a commercial property in Jacksonville, understanding how zoning and land use rules apply to your intended business can prevent significant delays and costs. Zoning rules determine what businesses can operate in an area and impose...
Falling behind on lease payments can threaten more than your location. If equipment, inventory or furniture sits inside the space, you might worry whether your landlord can claim those assets for unpaid rent. In Florida, landlords may have a lien created by state law...
When you are selling or restructuring your business in Florida, your current lease can become a major liability. Your current deal may get delayed or even fall through if you are still locked into a contract. Fortunately, it is possible to transfer your lease...
Entering a commercial real estate lease is a major decision for any business because the terms you agree to can affect your costs, flexibility and long-term growth. Unlike residential rentals, commercial real estate leases offer room for negotiation. Understanding key...
The terms of a commercial lease protect a landlord’s property and the rights of a business tenant. Both parties have obligations to one another, as clarified in the lease documents. If everyone adheres to the lease, the relationship can be mutually beneficial. The...
While subletting can sometimes be beneficial, it also introduces potential risks that may affect the property’s value, compliance and overall management. Landlords must therefore exercise caution before allowing subletting arrangements. Although some tenants seek to...
As a landlord or property manager, you may encounter a tenant who wants to sublet their leased space to another business. Subletting can be a practical solution when a tenant needs to downsize, relocate or share costs, but it also raises important legal and financial...
When you invest in commercial property, you expect it to serve your business goals, not create legal headaches. But zoning regulations can sometimes throw unexpected obstacles in your path, from denied permits to pushback from local authorities. Whether you’re...
In 2019, the commercial real estate economy saw stable growth and the market was strong. Developers were eager to expand, investors were willing to take risks, and loans were readily available to anyone who needed funding. In a snap, the global pandemic the following...
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...