Purchasing commercial real estate can bring value to your investment portfolio in more ways than one. Developing a well-rounded team of professionals to aid you can elevate your buying experience. Engineers, real estate specialists and legal professionals can all add...
Year: 2021
Does my business need a succession plan?
Even the most dedicated business owners will need to step away from their commercial enterprises at some point. Whether you end up selling your business or retiring, you must have a plan in place to ensure it continues to thrive long after you have passed over the...
4 tips to remember when negotiating a commercial lease
Finding the right space to grow your business can be an exciting prospect. Whether you are leasing an office location, a production facility or a retail storefront, a commercial real estate lease is a crucial element of the transaction. It is important, though, to...
When can I arbitrate?
Smart business owners know why avoiding litigation is usually the best option for all parties involved in a dispute. Commercial litigation can take months or years in a court of law, and it can be very expensive. Beyond this, engaging in litigation often ruins...
Can a non-compete agreement prevent me from earning a living?
A non-compete clause is a standard part of most employment agreements. Its purpose is to protect the company from losing business and valuable employees. Refusing to sign a company's non-compete agreement may cost you the job. If you have already signed one and find...
Some factors affecting vacant commercial properties
Lifestyle changes and increased remote-work opportunities may contribute to a decrease in the demand for commercial real estate. As reported by REALTOR Magazine, the Urban Land Institute's 2021 emerging trends survey revealed retail vacancies could continue to...
Should you stick to your guns when buying a home?
Buying your first house is often a stressful experience. It can feel overwhelming. You have so much you want to do, so much to keep an eye out for and endless sources of information trying to tell you the best paths of action. To help cut down on some of this...
How may I pursue a debtor who moves out of Massachusetts?
Debtors relocating their business operations out of Massachusetts have an obligation to pay the outstanding balances they incurred while in the Bay State. As noted by PocketSense, you may pursue a legal action to transfer your suit to the courts of the state where a...
Commercial litigation and hearings
If a lawsuit involving your business has surfaced, you need to familiarize yourself with various legal issues related to commercial litigation and take steps to safeguard your interests. Aside from reviewing the details of the case and determining the best path...
Legal issues that come with commercial real estate
Purchasing a commercial property can be an exciting prospect. As with any endeavor, some common legal issues crop up from time to time. You should always be aware of these issues and protect yourself accordingly. Assuming liability You need to be aware that you could...