Commercial real estate leases are much more complicated than residential leases. Tenants and landlords alike have to be aware of the nuances of various lease structures before they commit. In general, commercial leases tend to fall into two broad categories: gross and...
Owning commercial property these days comes with some unavoidable risks. The economy, overall consumer trends and many other factors can leave a commercial property owner with empty spaces. Certainly, that results in a loss of income. Further, too many vacant spaces...
When a business owner signs a commercial property lease, it’s important for them to know exactly what they are responsible for. Likewise, the landlord or property owner needs to clearly understand who will be responsible for which costs. These could go far beyond...
During a real estate purchase, most buyers will send in their proposals or offers with contingency clauses. They don’t want to sign any sort of purchase contract without these protections in place. A common example of this is a property inspection contingency. The...
The power of eminent domain is a contentious and complex topic, especially for business owners in Arizona. Eminent domain is the power of the government to take private property for public use in exchange for just compensation. This power can affect businesses in...
Renting out commercial property is a good source of income for someone who has a suitable property. One of the most important things to do is to ensure that you properly vet the company that wants to move in. There are several things you should consider if you’re...
A commercial lease is a binding contract between the property owner (landlord) and the commercial tenant. This contract outlines the lease contract’s terms and conditions as well as each party’s rights and obligations. A commercial lease contract protects tenants from...
If you lie awake at night fantasizing how making some strategic investments can bring you a steady stream of passive income, the idea of commercial real estate investment likely crossed your mind. But before you jump in feet first, take a breather. Below are four...
You're renting a commercial property for your business, so you're not the owner. That said, you definitely were involved with designing the space and the person who owns the building isn't there very often. So who has to make repairs if something breaks or...
Investing in commercial property is a very popular way to set up significant income channels, but there are many different ways to do it. For instance, if you own a commercial property, you could sell it and use the money you make to buy another property- perhaps a...