Recapture clauses are common in commercial leases. This type of clause allows a landlord to end the lease prior to its expiration and reclaim the property under certain circumstances. Those circumstances, or triggering events, need to be spelled out in the lease. What...
Month: December 2020
Selling your company? It is vital you prepare early.
If running your business has become more of a chore than a joy, you may dream of escape. Maybe you dream of a stranger walking into your office, asking you how much and signing a check on the spot. The truth is, selling a business is not that simple. Adequate planning...
Be careful who you hire to fix up properties you intend to flip
Despite California having a relatively competitive real estate market, there are still opportunities for real estate investors. Whether you are an individual who wants to generate income by improving real estate properties or someone who runs a business that...
Can you get out of your commercial lease?
There are all kinds of reasons that tenants may seek to terminate their commercial leases early. Sometimes a better location comes along and it’s a once-in-a-lifetime opportunity for the business or the business simply outgrows its current space. Other times, economic...