Whether to buy or lease commercial property is a decision that can impact your business financially and operationally. As such, it helps to look beyond the immediate costs and consider your long-term business strategy, growth potential and flexibility. While both...
Real estate transactions
Why get a property appraisal before making a real estate purchase?
Investing in commercial real estate offers significant potential for profit, but it demands thorough planning. One way to help secure substantial returns is to obtain a property appraisal before making a purchase. This independent assessment of a property can help...
How some home sellers try to hide defects
We recently discussed how home sellers have an obligation to disclose defects during a real estate transaction. If the seller knows that there are significant problems with the home, they need to make potential buyers aware of those issues. After all, this can affect...
3 terms commercial tenants often want to negotiate
Commercial landlords rent out their properties to businesses that need space. They may provide retail space, industrial facilities or even office rentals. Commercial landlords may rent out an entire building or a single unit in a multi-tenant property. They can...
Arizona buyers, beware of commercial property closing problems
Buying commercial real estate is typically not a task the uninformed should take on alone. It is a complex process that is fraught with many potential pitfalls. Here are some of the most frequent issues that can arise when closing on commercial property, and how legal...
What are the dangers of a short sale?
Life happens – and sometimes the financial twists and turns you experience are wholly unexpected. If you find yourself suddenly unable to pay your mortgage, you may be contemplating a short sale to get out from under the bill. A short sale is when a property is sold...
Does the seller have to disclose defects?
You are purchasing a new home, and everything looks to be in order. The seller assures you that the house is in great condition and it is fairly new. You decide not to have a home inspection done, and you close on the house. A few months down the line, you discover...
Are electronic signatures valid in real estate transactions?
Electronic signatures have increasingly become common in today’s digital age, quickly replacing traditional handwritten signatures. They offer convenience and efficiency, speed up the transaction process and reduce the need for physical paperwork and storage. That...
It is risky for tenants to break a commercial lease in Arizona
Life throws a few curveballs occasionally, making it necessary to end certain working relationships earlier than intended. For instance, you might need to exit a business lease sooner than anticipated. The problem is that commercial lease agreements are legally...
Intellectual property in real estate transactions
Intellectual property (IP) issues are increasingly consequential in matters involving commercial real estate transactions. As businesses become more reliant on technology and branding, working to ensure that IP concerns are addressed in real estate contracts may be...