Month: January 2024

Real estate developers are likely familiar with the term 'eminent domain' and how it can affect their commercial properties. It's a divisive issue that often pits private property owners against government entities. Eminent domain is a Fifth Amendment right that...

When someone buys a commercial property, they are expected to make monthly mortgage payments to the bank until they fully own the property. Should the debtor (buyer) fall behind or fail to make payments, the bank may seek to put a lien on their assets. To ensure the...