Running a commercial building isn’t easy. There are many considerations and conflicting tenant goals that can make it difficult to allocate your limited space in the most efficient manner possible. A relocation clause may be essential in order to reserve the rights...
Year: 2021
Could you lose your property due to adverse possession?
If you are an Arizona resident who owns multiple properties, keeping up with the legal status of your real estate investments is vital. Property management can be complex when there are many units and dwellings scattered over different parts of the state. Problems can...
Want to add a bar to your business? 3 things to consider
Adding a bar to your business can definitely be a money-making proposition. Maybe you just want to make your nail salon more posh (and give waiting customers something to do), or maybe you want your restaurant to be known as the best place around for a “mimosa...
What role does a promissory note serve in real estate?
As you're likely aware, there are a lot of documents that you can expect to have passed in front of you at your Arizona real estate closing. If you are using a mortgage loan to finance your new home, one of the most important documents you’ll sign at closing is a...
What happens to fixtures after a commercial lease has ended?
Some business owners need certain fixtures to conduct their operations effectively. A few of these fixtures may exist when leasing the property, while tenants must install others when taking possession of their property. Some examples of such fixtures include shelves,...
When can you evict a tenant in Arizona?
Every landlord hopes for a dream tenant who pays their rent on time, lives happily with their neighbors and does not cause trouble when renewing their lease agreement. Unfortunately, things don't always turn out this way. At some point, every landlord encounters an...
2 things to check when you spot a property you like
You might have heard people say they knew their property was the one for them the moment they set eyes on it. What you do not hear is all those too embarrassed to admit they made the wrong decision because they let their heart rule their head. It can be tempting to...
Avoiding mistakes in the commercial real estate market
Commercial real estate investors generally are cautious and practical, having to learn so many things when pursuing an investment. They must look at the markets, the practicality of the investments while also attempt to line up potential investor partners. And they do...
Due diligence mistakes commercial buyers often make
If asked to compare residential and commercial real estate, someone familiar with each both might point to government regulation as one difference between them. Government officials closely regulate the residential real estate industry. The same can't be said about...
Should you add a beneficiary deed to your Arizona estate plan?
Estate planning gets more complicated as assets increase in value. It can be harder to decide what you should do with certain property or how to handle things fairly. There are also tax implications if the total value of your estate reaches eight-figures. If you were...