Sale Agreement – Be Protected in a Purchase and Sale Agreement
In view of the current market forces, we recommend to our clients that are selling commercial property to secure contracts that are protective of sellers. Here are some key terms that should be secured in a purchase and sale agreement:... Read More →
Leasing – Ten Key Issues for a Tenant to Address in Negotiating a Lease
The following are ten key issues for a tenant to address in negotiating a lease: A full understanding of the premises being leased is necessary, including the parking available and ensuring adequate access. Most leases have the tenant paying for... Read More →
Commercial Property Insurance
One of the most difficult aspects of owning property is to maintain all necessary insurance to protect your interests as owner. Initially, title insurance is obtained on an acquisition. Liability insurance is critical, particularly for the benefit of a developer... Read More →
1031 Tax Exchange
One of the most beneficial provisions in the tax code today is the Section 1031 tax free exchange. This is especially important today when commercial properties are selling at record prices, and many properties have a low tax basis resulting... Read More →
Financing – Should I Have a Loan Review Performed?
Based on the loan forms from various lenders, which have become tougher against borrowers over time, the firm strongly recommends that clients have a loan review performed on any loan documents they are asked to sign, including for refinancing a... Read More →