Articles on Commercial Real Estate
Articles on Commercial Real Estate
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Contracts are obligations that the law will enforce. The law provides remedies if an obligation is breached or recognizes the performance of an obligation as a duty. Contracts arise when a duty does or may come into existence, because of an obligation made by one of the parties. To be legally binding as a contract, an obligation must be exchanged for adequate consideration.
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The Legality of Living on Commercial Property
Many people wonder about the legality of living in commercial property. Is it legal to live on commercial property – or do people have to set up living quarters in only residential property? Some people argue that despite not being legal, you can get away with living on these properties for free
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What is Net Equity, and Does Your Loan Require It?
If you own a small business, or are considering starting one, you may have come face to face with a term called “net equity.” You may wonder what net equity means, and whether your small business will need net equity in order to receive a loan to start up, or a line of credit or similar loan to
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Leasing Basics 101 for Commercial Tenants
For most businesses the costs of leasing space represents the largest expense line item aside from payroll. Thus, it is critical that a prospective tenant be as informed as possible about the leasing process and relevant market conditions before signing their lease...
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Negotiating a Commercial Lease Buyout
A commercial lease buyout is a relatively simple transaction and can be pretty easy to understand. The general definition of a commercial lease buyout is when a tenant pays the landlord who owns the commercial property a very large sum of money to end a lease before it officially expires according to
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Principles of Real Estate Syndication
Are you trying to acquire greater knowledge on the principles of real estate syndication? The term “syndication” has no precise legal significance.
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Top 10 Mistakes Made When Buying an Office Condominium
Buying a commercial condo can be a great move for a business, from the tax advantages, cost savings and predictability in exenpes, it makes sense in many situations. Here...