You’re looking for a new commercial property for your business. As you explore your options in the area, you find many properties that are available for lease, but there are also a number of them that are available for purchase. You find yourself wondering which...
Year: 2024
4 issues covered by a commercial title insurance policy
Commercial real estate can be a wise and high-value investment, but it comes with numerous potential risks. Title insurance can help cover these risks by protecting property owners and lenders from financial losses due to title issues. If you are considering getting a...
When can a tenant legally break a commercial lease in New Jersey?
Signing a commercial lease agreement in New Jersey is a legally binding commitment that landlords and tenants should not take lightly. Once they enter this agreement, both parties are bound to specific terms and conditions for an agreed-upon duration. However, life...
How to appeal commercial property taxes in New Jersey
Commercial property owners in New Jersey face significant tax burdens. The tax appeal process offers a potential solution, allowing owners to challenge their property's assessment and possibly reduce their tax bills. In a high-tax state like New Jersey, understanding...
Does location still matter with commercial properties?
When it comes to commercial real estate, there has been a traditional belief that location is the most important factor. Quite simply, this spawned the phrase “location, location, location.” This repetition emphasizes that, if a new business owner is looking at...
Who can apply for a K-1 visa for a fiancé?
Family-based visas help people legally enter the United States. There are visas for the spouses of citizens and for the families of those legally working in the United States. There is also a visa program for those who want to enter the country to get married. A K-1...
Key considerations when scouting commercial property
When scouting for commercial property, there are several issues that can significantly impact the success of your investment or business venture. Whether you’re planning to buy, lease or develop property, understanding these concerns can help to ensure that you make...
What’s are ROFRs and ROFOs in a commercial lease?
When you’re in business, you have to constantly “think ahead to get ahead,” or you’ll find yourself left out. This is never more true than when you’re discussing expansion clauses in a commercial lease. Expansion clauses can ultimately allow a tenant to grow their...
2 things that could derail your commercial real estate investment
Commercial real estate can be a highly profitable industry. However, not every investment turns out well and some people have lost a lot of money in this field. If you want to increase the chances your investment is profitable then learning from the experience of...
A retail zone may not allow for all business types
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...