When does a commercial lease get voided? Leasing agreements may be void simply due to illegitimate terms. A contract that has been voided is said to be void “on its face,” which means that no one can enforce it. A…
How do the terms of a commercial lease operate? A tenet is given rights to a commercial property through a commercial lease. It’s a legally binding contract that specifies any terms and restrictions you and the landlord (who is frequently…
What are the best practices for Commercial Real Estate leasing? If you have a business that needs a physical space to operate from, one of your major expenses will be your rent. If a lease is not negated properly, it…
When can a tenant break a rental lease? While a lease is a legally binding contract, there are many legitimate reasons for a lease to be broken. In the following circumstances, you might be entitled to vacate the property legally…
What kind of taxes are to be paid for commercial real estate properties? As an owner of commercial real estate, it is essential to understand the taxes associated with your investment. Due to their familiarity with residential property, the majority…
What are the laws on living on a commercial property? Real estate that is predominantly used for commercial activities is referred to as commercial property. This can comprise a wide range of property types, from office buildings to warehouses, shops,…
Does Fair Housing Act apply on commercial property? Landlords are required to abide by the rules against various forms of discrimination in leasing or risk facing penalties that can be fairly severe. California has rigorous regulations forbidding these practices. The…
Why should you not purchase a commercial property without a loan? The prospect of getting a loan to buy real estate can be a turn off for buyers. They believe that repaying it would require exorbitant labor and that it…
What is the best way to finance a Commercial Property? Conventional Loan: A mortgage given by a bank, credit union, or other traditional financial institution that is backed by the first lien position on the asset being funded. Any sort…
What are the basic laws on Commercial Real Estate? Tenant and landlord laws The purpose of California landlord-tenant legislation is to safeguard both parties’ rights in any renting or lease agreement. These laws define the relationship between the owner of…