Are you about to sign your first commercial lease?
There are places that you probably don't really want to inhabit and there are places that are legally uninhabitable.
When you decide to sign a lease for an office, you might think it similar to renting an apartment or signing a simple rental contract. But the reality is that leasing a business location can actually be very complicated and if it is not done right, it can lead to a very costly and complicated situation.
Contingencies are part of the normal part of property negotiations in any real estate transaction.
When investing in commercial property, you need to be particularly careful about zoning regulations -- they can sometimes catch even seasoned buyers off guard.
Sooner or later in your career as a landlord, you'll face a problem tenant that stops paying.
A "hoarder" may make great television drama but having to deal with one in real life definitely isn't great for a landlord.
Your commercial lease is critically important to the survival of your new small business.
Commercial leases are lengthy and complex documents. Whenever you choose to enter into a commercial lease, whether it's for office or retail space, it is always wise to have your attorney look the lease over for potential pitfalls before you sign on the dotted line. Here are four items to take into consideration when looking over a lease:
Zoning restricts the purpose for which a property can be used. Grouping properties by their use helps the government protect property values and makes a community more functional -- but zoning restrictions can be a tremendous hurdle to overcome if you're trying to start a small business. Here are a few things to keep in mind.