Articles, Featured, Purchase & Sale
Sellers of commercial real estate generally loathe dealing with flippers. What constitutes a flip? A flip occurs when the “original buyer” enters into a purchase contract and then assigns the purchase agreement to the “ultimate buyer” prior to the closing. First,... Articles, Due Diligence, Purchase & Sale
When acquiring commercial real estate, it is important to conduct due diligence to ensure there are no surprises that will affect the value or use of the property. One aspect of the due diligence process is considering obtaining an ALTA Survey. The two main reasons...
Featured, Leases, Purchase & Sale, Videos
This video provides tips on how to prevent letters of intent from inadvertently becoming binding agreements. For more information on this topic, see the article on our blog: 5 Steps to Keep your Letter of Intent...
Articles, Due Diligence, Purchase & Sale
When you buy a used car, you look under the hood and kick the tires. If you buy a jalopy at a great price, you tolerate more defects than if you buy an expensive performance vehicle at market price. The point is, you investigate and confirm the desirability and value...
Articles, Leases, Purchase & Sale
You own real estate and sign a letter of intent that contains the material deal points for your transaction. At the end of the letter, it clearly states: “Unless a formal agreement is entered into within 30 days of the date of this letter, this letter of intent shall...