A commercial landlord will want protections in the event that the tenant fails to pay the rent or otherwise breaches the lease. A landlord can obtain such protection by reviewing a tenant’s financials and requiring a security deposit in an amount that provides adequate assurances.
The law recognizes many types of liens on Real Property. A lien is a claim or a means for enforcing the obligations of the owner of real property to pay for it.
As a condition of a mortgage loan, a lender may require that the borrower (or landlord) obtain a signed Subordination, Non-Disturbance and Attornment Agreement (SNDA) from the tenants. A SNDA is a tri-party agreement between the lender (the mortgage), the borrower who uses the proceeds to purchase the property (the landlord) and the tenant.
In 2006, the risk of death in motorcycle accidents was 35 times greater than that of car accidents. By 2016, the risk of death in motorcycle accidents had declined to 28 times that of car accidents – a 20% reduction.
When one party agrees to let another party use its business space, they must agree on the terms of use, the fee, the term and how the occupancy will come to an end. This is referred to as a license to occupy space, which is different from a commercial lease.
“Pedestrians always have the right of way.” This is an often-repeated phrase, and one that is likely best to follow, but is it legally correct?
A new home is often the biggest financial investment for many individuals and families. With the down payment and all the costs of closing on a home, a buyer may seek to cut costs, however, title insurance is not the place to do this.
In 2010, more than 1.4 million drivers were arrested for driving under the influence of drugs or alcohol. Additionally, nearly one-third of the U.S. adult population self-identifies as having driven while impaired by alcohol each year.
When engaging a realtor to list a home, the realtor will ask a seller to sign a listing agreement which will detail the broker arrangement and the terms of paying the commission. You should consult an experienced real estate attorney before you sign a brokerage agreement
The spinal cord is a long “cord” of nervous tissue that extends from the brainstem to the lower portion of the back. The spinal cord is the communication highway for the human body.