The real estate industry is one of the most extensive businesses. Different options exist, including commercial real estate (CRE). Most developers gravitate towards this type of investment, as it offers significant benefits. The following are four reasons to invest in...
2 reasons to negotiate lower CAM fees in a commercial lease
Finding the right property can allow customers to start patronizing a new business quickly, but opening a physical location will also drastically increase an organization's operating expenses. Any new commercial lease likely comes with several years of payment...
Considerations when forming a real estate development partnership
There are times in business when it feels like it makes sense to pool your knowledge, capital and expertise with another person. It gives you options that you wouldn’t otherwise have to work outside your comfort zone and to be a part of projects that excite you. As...
The benefits of a CASp inspection for commercial real estate
The federal government and the state of California have strong laws in place to help ensure accessibility for everyone to public and certain private buildings for those who use wheelchairs and other mobility aids. This is in addition to accommodations for those who...
3 factors to consider when choosing your next business partner
There are numerous potential advantages of owning your own business, one of which is having the ability to choose who you partner with. However, this is not always a straightforward process. At times, individuals may believe that going into business with someone they...
What is a spite fence and what should you do about one?
A lot of boundary disputes involve fences. For instance, you may believe that the new fence that the business owner who owns the property next to yours just put up is actually on the wrong lot. You think it’s a few yards onto your property, essentially allowing that...
What are California landlords’ duties concerning bedbug problems?
As a California landlord, you have certain obligations to keep your tenants safe and advise them when certain conditions in the building you rent might become compromised. When these issues arise, the question of landlord and tenant responsibility may come into...
What are disclosure requirements for commercial real estate?
Disclosures in real estate tell a potential buyer about issues or areas of concern that relate to a property. For example, a disclosure may let a buyer know the property contains lead paint. There are some required disclosures in California for commercial properties....
Four types of breach of contract
A contract is a legal document that creates obligations between the parties who enter the agreement. A breach of contract occurs when one party fails to fulfill any part of its contractual obligation. There are four main types of breach of contract. 1. Minor breach A...
When does a tenant bear responsibility for repairs?
As the new landlord of a California residential property, you still have a lot to learn. For instance, when does a tenant bear financial responsibility for repairs? Apartments.com differentiates landlord and tenant maintenance responsibilities. Understand how to...