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BE IN A BETTER POSITION TO NEGOTIATE YOUR RENT – KNOW WHAT KIND OF LEASE ARE YOU SIGNING? | Practical Advice
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BE IN A BETTER POSITION TO NEGOTIATE YOUR RENT KNOW WHAT KIND OF LEASE ARE YOU SIGNING? Posted on 23. Mar, 2011 by Practical Advice. Are you under the impression that that the amount of rent spelled out in your lease is all that you have to pay to the landlord on a monthly basis? Are you familiar with the terms Base Rent, Operating Costs, Common Area Maintenance Costs? Do you know what services the landlord is required to provide to you? Full Service Gross Lease. The most common lease utilized in the ret...
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Types Of Guaranties-How To Limit Your Exposure | Practical Advice
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Types of Guaranties-How to Limit Your Exposure. Posted on 21. Sep, 2011 by Practical Advice. A standard lease clause could read something like this: The obligations of Landlord under this Lease do not constitute personal obligations of Landlord …. and Tenant shall look solely to Landlord=s interest in the Property and to no other assets of Landlord for satisfaction of any liability with respect to this Lease… . 1 Capping the Amount Owed. 2 Limiting Liability to Rent. 3 Avoiding Joint and Several Liability.
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Good News: Changes To The Home Affordable Refinance Program (HARP) | Practical Advice
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Good News: Changes to the Home Affordable Refinance Program (HARP). Posted on 31. Oct, 2011 by Practical Advice. In 2009 HARP was created to allow homeowners to refinance their mortgages at lower rates, but few people have signed up, mainly because many homeowners owed more than their homes are worth and therefore could not qualify for the program. Fannies is at http:/ www.fanniemae.com/loanlookup/. Fannie and Freddie will issue the full details of the plan lenders and servicers on Nov. 15th. The...Good ...
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OH, I CAN DRAFT THAT AGREEMENT – WHO NEEDS A LAWYER! | Practical Advice
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OH, I CAN DRAFT THAT AGREEMENT WHO NEEDS A LAWYER! Posted on 03. Mar, 2011 by Practical Advice. In Commercial Real Estate. Purchase and Sale Agreement. Have you ever said or thought those words? In this economy are you or your business trying to cut corners and using a form corporate agreement or an operating agreement that you have used thousand times before? When was the last time you had anyone looked those over and given them a thorough dusting? A A General Partnership is an entity that is formed wit...
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Estoppel Certificates From Tenant’s Perspective | Practical Advice
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Estoppel Certificates from Tenant’s Perspective. Posted on 13. Jan, 2015 by Practical Advice. Excellent article on the National Retail Tenants Association website providing a great checklist regarding Estoppel Certificates from the tenant’s perspective. See attached Estoppel-Certificates-Nov2014. Click here to cancel reply. Type your comment here. Let’s Stay Connected. Please “Like” My Fan Page. Estoppel Certificates from Tenant’s Perspective. 13 Jan, 2015 - 0 comments. 09 Apr, 2015 - 0 comments. CONFUSE...
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One Uncontemplated Consequence Of Walking Away From Your Mortgage | Practical Advice
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One Uncontemplated Consequence of Walking away from Your Mortgage. Posted on 14. May, 2013 by Practical Advice. In Commercial Real Estate. Http:/ www.nytimes.com/2013/05/12/business/employers-pull-applicants-credit-reports.html? Click here to cancel reply. Type your comment here. Let’s Stay Connected. Please “Like” My Fan Page. One Uncontemplated Consequence of Walking away from Your Mortgage. 14 May, 2013 - 0 comments. Assignment and Subleases Distinguishing Characteristics. 09 Apr, 2015 - 0 comments.
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How Secure Is A Standby Letter Of Credit | Practical Advice
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IS YOUR LETTER OF CREDIT WORTH MORE THAN CASH IN HAND. Posted on 20. Aug, 2014 by Practical Advice. Special care should be taken, in terms of lease drafting, when memorializing the right to provide a letter of credit, below are some of the terms and provisions that ought to be included:. Iv If the letter of credit is to be increased or decreased, those terms should be memorialize with specificity, in the lease, to insure that the tenant complies with those terms. V The lease should clearly state that the...
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Assignment and Subleases Distinguishing Characteristics. Estoppel Certificates from Tenant’s Perspective. IS YOUR LETTER OF CREDIT WORTH MORE THAN CASH IN HAND. Unanimity of the Supreme Court – A Year in Review. Supreme Court’s decisions in favor of business. One Uncontemplated Consequence of Walking away from Your Mortgage. The Honeymoon is Over. Good News: Changes to the Home Affordable Refinance Program (HARP). Types of Guaranties-How to Limit Your Exposure. Older Entries ». Let’s Stay Connected.
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Disclaimer | Practical Advice
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The State Bar of Nevada does not certify any lawyer as a specialist or expert. References made to practice areas reflect a focus of an attorney’s practice and are not representations of certified specialty or expertise. Let’s Stay Connected. Please “Like” My Fan Page. Assignment and Subleases Distinguishing Characteristics. 09 Apr, 2015 - 0 comments. Estoppel Certificates from Tenant’s Perspective. 13 Jan, 2015 - 0 comments. IS YOUR LETTER OF CREDIT WORTH MORE THAN CASH IN HAND. 20 Aug, 2014 - 2 comments.
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