In Boca Raton's bustling real estate market, parties often use liquidated damages clauses to predetermine compensation for breaches of contract. These clauses are pivotal in both residential and commercial transactions, especially where calculating actual damages...
Zoning regulations can have a major impact on property owners, as these laws designate land use. Because the state government has the power to zone land to advance the general welfare, health, morals and safety of the community, state laws grant the power to re-zone...
When buying commercial property, one important thing to check is if there are any easements on the property. These allow other people to access this property and use it in specific ways. In some cases, these may be necessary. For instance, there may be a utility...
Deciding to buy a piece of commercial real estate is a big decision. If you get it wrong, then you could be stuck with something that’s way more expensive than you thought and more restrictive in its use than you’d anticipated. This can put you in a bad financial spot...
When selling real estate in our state, sellers have a legal duty to disclose certain material facts about their property. Proper disclosure protects both buyers and sellers by reducing misunderstandings and potential lawsuits. Residential real estate disclosures In...
When looking to purchase commercial real estate, you have to consider both your short-term and long-term needs. If you’re too short-sighted, then you could find yourself chained to a property that doesn’t meet your needs and that could place a restraint on your...
As a property owner in Florida, you face unique legal issues when developing mixed-use projects that mix homes, shops and sometimes factory spaces. Florida's zoning laws and construction regulations affect these projects. Staying informed keeps you compliant and...
Running a commercial property comes with countless responsibilities, but few carry as much legal weight as Americans with Disabilities Act (ADA) compliance. Understanding your obligations is not just good but essential protection against costly legal challenges. The...
Zoning regulations can quickly dampen your hopes for your home or business, restricting the ways in which you can use your land. This can decrease the amount of joy or profitability you get out of the property, and it can leave you holding the bag on an expensive...
When you use a triple net lease – also known as NNN – your commercial tenants take responsibility for property expenses beyond their regular rent payments. It basically shifts most property ownership costs to your tenant. Under this arrangement, your tenant handles...
