How is “in default” different from a breach in contract law? There isn’t much of a difference between a breach of contract and a default in general legal terminology. Both signify that one of the…
Can my commercial lease be voided if the property is sold? When a commercial building is sold, the tenets do have a list of rights that will often protect them from eviction. Usually, the act…
Can a landlord keep a deposit if a tenant breaks the lease on a commercial property? In most situations, you must give your landlord 30 days’ written notice if you are the tenant and plan…
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…
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…
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…
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…
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…
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…
