Precautions in Real Estate Litigation
Real estate litigation can arise from various issues, and taking precautions can help minimize the risk of legal disputes. Here are some precautions to consider:
Thorough Due Diligence:
Conduct comprehensive due diligence before purchasing or investing in real estate. Verify property...Winning Punitive Damages When Defendant Defaults
Lawsuits in real estate transfers can include breach of contract allegations, and also fraud allegations if the seller failed to properly disclose defects in the purchased residence.
The residential purchase agreement includes a separate form called Transfer Disclosure Statement (“TDS”). This form is required to disclose any known defects...
Commercial Tenant Exit Strategies
You found the perfect location for your business, retail store or office, and you are ready to sign the lease! Unlike residential leases, which usually have a 1-year term, a commercial lease can be much longer, typically 5-10 years. Before signing a commercial lease, a business tenant should consider all the ways...
Top 3 Real Estate Tips for Small Businesses
Buying Property? Consider How to Hold Title
Win Your Real Estate Lawsuit With Interlocutory Judgment
Forming an LLC to Purchase Real Estate
Negotiating a Commercial Lease
When it comes time for your business to move into a new commercial space, make sure you consider the terms of your lease agreement from both business and legal perspectives. While there are some common terms and...
Common Area Expenses in Commercial Leases
By Theodore J. Schneider, Esq.
There are three primary different types of commercial leases: gross leases, modified gross leases and net leases. One variation of the net lease is a “triple net” lease, in which the tenant is liable for a net amount of property taxes, insurance and common...
Overview of the Ways to Hold Title to Property
By Roy Schneider, Esq.
You are purchasing a home, and the escrow officer asks, "How do you want to hold title to the property?" In the context of your overall home purchase, this may seem like a small, inconsequential detail; however nothing could be further from the truth....