Many states have laws that deal with commercial real estate transactions. These provide the boundaries for the sale and transfer of property. Encumbrance is the legal term that defines a legal interest in a property held by someone other than the property owner....
Commercial Real Estate
Negotiating a favorable commercial lease renewal
Commercial leases often come with longer lease terms than residential ones, so when the time comes around to renew yours, you may want to ask yourself whether your current arrangement meets your needs. If not, you may be able to negotiate better lease terms that save...
Should I put my child’s name on my deed?
Avoiding probate is a paramount concern for many seniors who are setting up their estate plan. There are many good reasons to avoid probate. Generally speaking, the public nature of probate is distasteful for many, and it can be expensive and time-consuming. However,...
Differences between commercial and residential leasing
One of the biggest mistakes that new business owners make is not understanding the difference between residential and commercial leasing. Most individuals have engaged in residential leasing at least once in their lifetimes, and many mistakenly assume that the same...
What makes up the value of a commercial property?
There are many differences between residential and commercial real estate with perhaps the biggest being how you handle validation. Knowing the value of a property is an important aspect of purchasing or selling. Values in real estate are never exact but rather...
Avoid common mistakes in leasing your new office space
Perhaps you are a project management consultant whose business is expanding. You need to hire more employees and move to a larger office. You have found the perfect location, and you want to be sure to avoid mistakes in negotiating and signing a commercial lease....
What are my options for financing an investment property?
Real estate is one segment of the market where you can often earn quite a bit of money. If you want to invest in a property, it can be a great way to earn a living or at least earn some additional money. Buying a property you will rent out, enables you to secure not...
What do you need to know before signing a commercial lease?
Your business has grown, and you need more space to work. Renting an office can help you continue that growth and provide a home for your company and your employees. Once you find the perfect office, you negotiate the terms, and the landlord sends you the lease to...