Things buyers need to consider before buying commercial property in New Jersey.
How NJ Courts Interpret The Right Of First Refusal In Commercial Real Estate The right of first refusal ROFR is a clause in residential leases in New Jersey that provides tenants with the right to match a third-party offer to buy the property they are leasing. New Jersey courts have overwhelmingly interpreted the RORF to […]
It doesn’t matter if your real estate transaction involves a purchase or a sale. In fact, it’s also irrelevant if you’re buying or selling commercial real estate or residential property. It’s a fact. Protected wetlands could kill your real estate deal. And, that’s just the beginning. All things considered, you may not even truly comprehend […]
When you’re a commercial landlord, you should know certain key terms are critical to your lease agreement. However, are you considering the sale of the property? If so, you may want to insert a clause that gives your commercial tenant an option to purchase. For a moment, consider this. You own a commercial building and […]
If you’re a commercial landlord, you already know how hard it is to lease space. Meanwhile, there may come a time that things just don’t work out right. Truth be told, it could be as simple as needing to evict a commercial tenant for failure to pay the rent. Of course, you’ll want to make […]
It might sound like a fabulous opportunity. However, it may quickly turn into a disaster. There are three parties to consider in every commercial sublet agreement. Ignoring any of them can be problematic. Consequently, it pays to investigate everything and avoid trouble. What is your role in the sublet agreement? Are you the actual property […]