Breaking a rental lease can often result in legal and financial consequences for tenants. However, there are certain instances when it may be allowed. You need to understand the situations in which you may legally break your lease agreement to avoid costly penalties...
Property Law
What qualities should a commercial landlord have?
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 can the landlord withhold my security deposit in Texas?
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...
What’s causing that water to collect on your property?
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...
3 things to consider when finding a commercial space
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...
A lease termination clause vs. an early termination clause
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...
Have you been accused of housing discrimination?
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...
What effect will a tenant’s bankruptcy have on your lease?
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...
Common disputes over commercial leases
While many businesses operate in an online capacity, there is still a call for good old-fashioned real estate. Whether this is for storage purposes or a shop front, the commercial lease you sign up for can be pivotal to the success of your company. Many commercial...
How to handle tenant complaints as a residential landlord
Being a landlord can be an excellent source of income, but it also comes with many responsibilities. One of the most important things to do is to ensure that you’re a reputable landlord so you aren’t running into legal issues. You’ll likely have to deal with tenant...