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Purchasing commercial property and becoming a landlord can be a great investment. However, there is always the potential that you could have a dispute with a tenant, leading to personal and legal strain. Being prepared is your best bet in case this happens to you....
There are countless ways property owners and potential tenants may negotiate the terms of their commercial lease agreements. Common issues covered in commercial leases In California, local laws may not dictate the amount of rent a commercial landlord can charge. When...
If you’re considering buying a commercial property, you must take into account several considerations. First and foremost, you’ll want to ensure the commercial endeavor will thrive in the area and the property will accommodate the business. Rocket Mortgage, a...
Those considering investing in real estate will need to conduct thorough "due diligence" in order to weigh the rewards against the risks. The pros and cons will always depend on the goals of the one investing. Location The location and surrounding environmental are...
California commercial leases are often longer, more detailed and more complex than residential leases. On top of that, the statutory protections available for residential tenants generally don't apply to commercial tenants. If you are considering entering into a...
Noisy neighbors. Most of us have experienced them once or twice or even heard horror stories from friends or relatives. A noisy neighbor could simply be a nuisance. Or a noise neighbor can ruin your entire home life experience. Many believe little to nothing can be...
Under ideal circumstances, your property ownership rights include the right to exclude any and all others from entering or using your property. However, many properties are owned subject to easement rights held by others. When a property is burdened by easement rights...
Buying a piece of property to run like a business is a critical investment. Some prospective buyers discover problems with a property during the sales process. If they had known about these issues beforehand, they may have not committed to the purchase in the first...
Commercial leases are often lengthier than residential ones, and market conditions and other variables often change from the time you sign the lease to the time it comes up for renewal. Before you decide to renew your commercial lease as-is, you may want to reexamine...
If you own or plan to own real property with someone else, you need to understand the similarities – and differences – between the two types of joint ownership: joint tenancy and tenancy in common. FindLaw explains that both types of ownership give each “tenant” an...
