Common area maintenance reconciliation describes the process of calculating the costs of CAM in an office building or other commercial property. Generally, the landlord or property management company divides these charges among the tenants. Review these best practices...
Commercial Real Estate
What are the 4 types of easements?
If you are the owner of a property, you can do almost anything you want with it, although the law does impose some restrictions. If you are not the owner, you generally do not have the right to do anything with the property. However, the law does allow for an...
Tips on seeing results within the commercial real estate market
When real estate investors or agents in California get into the market, they are usually focused solely on residential properties. With time and experience, they may want to move onto something a little more profitable such as commercial real estate. However, because...
Responsibilities of commercial landlords
A commercial landlord has to fulfill several important obligations to tenants. A lease agreement should clearly spell out each party’s responsibilities and identify each party’s remedy in the event that there is any type of noncompliance with the agreement's terms. ...
Preparing to enter the commercial property market
Many people in California may be interested in exploring the potential of commercial real estate as an investment venture. Commercial property offers different opportunities than residential real estate. Contracts tend to be bigger and longer, and the profits can be...
Commercial real estate can be a smart investment
A diverse portfolio is a goal for many investors. Along with homeownership, stocks and IRAs, it may make sense to look at commercial real estate. Buying residential rental property is appealing for some, but others see opportunities in purchasing commercial...
What can I do about unfavorable zoning?
There are different ways to handle a zoning regulation that is burdensome or unfavorable for the property owner. Property owners and those considering the purchase of a property should be familiar with what zoning laws are and what they may be able to do to address...
What must sellers disclose in commercial real estate transactions?
Whether you are buying property to expand your business or want to sell property in your portfolio to move on to new ventures, you must keep track of many different legal details. One important aspect of the sale is disclosing required information. What disclosures...
Must you inform future tenants of past deaths?
Jumping into the commercial real estate market is often a successful way to achieve the American dream. After all, if you can keep your units rented, you have a ready source of income. To avoid problems, though, you must be certain to make certain disclosures to new...
Commercial lease disputes often stem from property alterations
One of the most common disputes involving commercial real estate has to do with the modifications made to the premises and the scope of use of the premises. While some commercial leases prevent business owners from altering the property in any way without consent from...