Give Your Project The Strong Foundation It Needs
You find a commercial building with tenants who already pay rent. That income might help cover your mortgage. But what if one tenant pays less than you expected or plans to stay for years? You want to know whether you can change the terms or use the space yourself....
You have found the site, the broker wants something in writing and the seller expects a letter of intent (LOI) by Friday. That document can feel like a formality, but it often sets the basic terms for everything that follows. The LOI can affect your inspection period,...
If you are a first-time commercial landlord, you may encounter a tenant estoppel certificate during a property sale, refinancing or another major transaction. The document can be confusing if you have never dealt with one before. Understanding what you may need to...
Turning an older building into a new commercial space can create opportunities that new construction cannot always offer. Across Ohio, developers continue to give warehouses, factories and other commercial buildings a new purpose because they offer established...
Most real estate closings start with a target date, but that date may change when important details take longer to confirm. Issues such as financing, appraisals, title work and paperwork might affect both residential and commercial closings. These delays usually do...
When you are considering purchasing property, there are more factors to think about other than settling on a fair price and lining up a loan. Before you commit to a purchase, it is worth learning how local zoning rules apply to the land. Ohio's multilayered zoning...
Commercial leasing can feel like a natural next step after managing residential rental properties. However, the legal landscape changes greatly when your tenant is a business. Ohio's Landlord-Tenant Act generally does not cover commercial leases, which means most...
As you step into a joint venture (JV) that can shape a large development project, you may be bringing experience and capital. Your partner may also bring land, funding or both. However, control does not always follow ownership in these deals. Written agreement in Ohio...
You own a commercial property in Ohio. One day, you discover your neighbor's loading dock extends ten feet onto your land. This situation creates tension and legal uncertainty. However, an encroachment agreement can turn this problem into a manageable solution. What...
Many aspects of commercial property acquisition are similar to a residential real estate transaction. Hopeful buyers look at listings to determine what properties might meet their needs. They schedule showings and work with real estate agents. They also frequently...
