Purchasing a commercial property is a significant decision that can shape your financial future and business success. As such, it’s crucial to carefully weigh your options before you dive in and ensure your investment is sound. Here’s what you need to consider before...
Real Estate Law
What are the “nets” in commercial leases?
When many people think of leases, they automatically turn to residential leases, but that’s not the only type of lease that some people deal with. People who are starting a business may have to lease a property, which means they need to become familiar with commercial...
Zoning considerations when buying commercial land
Purchasing commercial land is a significant investment. Understanding zoning laws can make a big difference when it comes to the aim of ensuring that a business owner’s or developer’s plans for the property align with local regulations. Zoning dictates how land can be...
Is it better to lease commercial property, or should you buy it outright?
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...
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...
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...