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Being a commercial landlord comes with many benefits including passive, consistent income and an increase in land value. But there’s lots of responsibility involved, too. If you’ve been thinking about becoming a commercial landlord, you need to possess certain...
When renting a property, your landlord will most likely require you to pay a security deposit alongside the first month’s rent. The primary purpose of a security deposit is to motivate you to pay your rent and abide by the rental contract’s terms. The security deposit...
Construction professionals don’t need to work in the industry very long before they learn, from experience, just how easy it is for legal challenges to arise in the regular course of business. Many contractors even approach construction-related legal disputes as...
You can’t control the weather, but you should be able to control how much rainwater collects in your yard or in other parts of your property with good drainage. So, what happens when you don’t? Aside from water in your basement and a swamp that’s likely to attract all...
Picking the most suitable commercial space is integral for business growth. Whether you are opening a new business or it’s time to upgrade your space, you should make calculated moves. With hundreds of options, you need to be informed. The following are three things...
Commercial landlords and tenants have the option to agree to various clauses when they sign the initial lease. This contract can be designed to offer more productions for landlords or for tenants, and the two sides can negotiate the terms that they would like to...
When people are trying to rent a place to live, or they are trying to buy a home, the law says that they have to be treated fairly. Everyone has to be given the same chance. Discrimination is not allowed. This is very similar to what happens in the workplace, and...
A contract breach can cause unimaginable losses, and it is only fair that you are compensated for your losses. Fortunately, remedies that can help cure the breach and protect your financial interests are available. The appropriate remedy varies depending on the terms...
If you own a rental property, whether it’s a single-family home or an apartment complex, you have an obligation under both federal and state laws to provide accessibility to renters with disabilities. These laws include the Americans with Disabilities Act (ADA), the...
Signing a commercial lease with a new tenant usually means that you can look forward to several years of payments, as well as traffic to the property that might eventually attract new tenants. The business renting your property will not only pay for the space that the...
