So you’re presented with a Commercial Lease, say a business retail tenant in a shopping center. You’re perhaps a Landlord, or a Tenant. You carefully review all of the terms and have no problem with their clarity. They’re explicit and unambiguous. What you might not realize is that there can be a third and silent party to the lease who may have other ideas – the Court, if there’s a law suit—which can amend even the plainest terms on the basis (called equity) of unfairness. Continue reading “When Commercial Leases Don’t Mean What They Say”
Tag: Tenant
Being a Residential Landlord – Is it for you?
Being a residential landlord is not always what it’s made out to be on HGTV. Investing in and managing rental real estate can be either a nightmare or a prudent investment. Ensuring the latter takes homework, hard work and the proper due diligence before investing, as well as continued commitment of time and effort. Knowing the property and knowing your limitations are crucial to sound investing.
Continue reading “Being a Residential Landlord – Is it for you?”