A Winning Combination
A commercial lease is often significantly more complex than a residential lease. Before you sign and commit to the contract, look for these potential red flags. Vague responsibility explanations All leases should thoroughly explain which responsibilities belong to the...
Running a business is challenging and costly. One of your highest costs is the mortgage or rental payments for your buildings. Whether your company is new or well-established, you understand the importance of reducing your costs as much as possible. Therefore, these...
Choosing the right location for your restaurant is vital to the success of your business. Whether you should buy or rent your space, however, depends on your circumstances. There are advantages to either approach. Advantages of renting The most obvious advantage of...
Signing a residential lease is typically a fairly straightforward transaction. The issues to address are fairly easy to understand, and most people handling a residential rental contract feel confident and capable of handling it on their own. Unfortunately, modern...
Most people do not understand the legal issues that arise when buying and operating farmland. Challenges involving land use and zoning regulations or environmental permitting can devastate an already-slim profit margin. Whether you are a restaurant entrepreneur...
A commercial real estate deal should not end in a negative experience. However, if the contract does not provide specifics, you may find yourself on the losing end of a deal. A contract breach occurs when one party does not fulfill the obligations agreed to. Since...