When purchasing property, it is important to consider what zone that property is in. As a general rule, the three main zones are residential, commercial and industrial. Properties can only be used in specific ways, based on how they are classified. If you buy a home...
Year: 2024
What if your commercial rental does not work out?
When you have an idea for a business you may need to find commercial premises to house that business and make your idea happen. Before you commit to a lease, it is imperative to give some thought to what will happen if the business plan does not work out as hoped. A...
2 common types of commercial property disputes
While an increasing amount of business operations are taking place online, many companies still need headquarters, offices and physical stores. This is where commercial real estate comes in. Either buying a commercial property or taking on a commercial lease can be...
How a new immigrant rule can benefit the families of citizens
Having a family member who is a United States citizen creates a variety of opportunities for citizens of other countries. There are visa and green card programs that are only available to the immediate family members of current citizens. However, the process of...
Buying distressed commercial real estate: Rewards vs. risks
Investing in distressed commercial properties in New Jersey can be lucrative – but may pose several potential challenges. Often sold at a discount due to financial or legal troubles, distressed property can provide a healthy return on your investment or lead to...
Potential upsides to investing in commercial property
When investing in real estate, people often decide if they want to focus on commercial or residential property. Some investors will do both, of course, but it’s good to consider what will be best in your specific situation. What goals do you have? What types of...
When can a commercial tenant be evicted?
Renting out a piece of commercial real estate can be lucrative. Nonetheless, this will largely depend on the type of tenant you obtain. Unfortunately, commercial tenants do not always work out, and it may be necessary to evict a tenant from the property. Here are...
Are CAM fees negotiable?
Commercial leases tend to be more complex and have more unique variables than residential leases. Business professionals looking to sign a new lease or renew an existing one need to look carefully at the terms included in the lease. For example, in commercial leases,...
Who pays for maintenance on a commercial property?
When someone rents or leases a commercial space, there may be concerns over who has to cover specific costs. Certainly, the tenant has to pay the monthly rent. But what about additional costs that come along with using the commercial location? For example, wear and...
3 things to look for in a commercial rental
When you’re looking for a commercial rental for your business, you might be focused on things like the location and the lease terms. While those points are critical, there are a few other points that you need to think about so you can ensure the property is going to...