LegalProp Real Estate Blog

Open Conversation for Real Estate Professionals

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 FILED UNDER: Property Management

2016-nov

Commercial Real Estate: Your Broker and Your Attorney Both Play Important Roles

Our firm handles commercial real estate transactions of all kinds: Acquisitions, Sales, Commercial Leases, you name it. Most of our work is referred to us by commercial real estate brokers we’ve worked with in the past or who have been referred to us by those familiar with our firm. Our relationships with brokers are some…

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Five Big Mistakes a Property Owner Can Make in an Eminent Domain Action

An eminent domain action can be one of the most profitable real estate transactions a person makes. This is due to the government’s obligation to pay “full compensation” to a property owner in a taking action, including not only fair market value of the property taken, but also may include damages to property not taken,…

open-conversation

Our Blog: Open Conversation for Real Estate Professionals

We are pleased to announce the launch of our new blog. We set this blog up to provide our clients and the real estate professionals we work with a forum to trade ideas and concepts. Have an idea for an article? Send it to us. Have a comment on one of our articles, let us…

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Leasing 101: How to Negotiate the Option to Extend

The option to extend is one of the most valuable clauses a tenant can get. For the tenant, it reduces risk, granting the Tenant flexibility to decide later whether to extend its lease. For the landlord, the option is nothing but an encumbrance on the space. Here are negotiating tips regarding the option: For the…

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10 Tips to Avoid Wasting Money in Litigation

Forest through the trees – we just read a case where an insurance company spent $114,268.01 fighting a $450 claim (Nationwide v. Advanced Cooling). This case is not an isolated incident. Without good strategy any case can spiral out of control. Here are ten tips to avoid situations like the above: 1. Drop your emotions….