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Home > Law Advice > Commercial Real Estate > General Questions

Commercial Real Estate
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General Questions

FAQs

What is title insurance and why do I need it?

What legal recourse does a buyer or seller have if the other party refuses to close?

I have heard the term ‘build-out.’ what does it mean?

When is either party obligated to pay a broker’s fee upon the sale of commercial real estate?

What is a ‘work letter’?

Are there standard representations and warranties usually included in a commercial real estate contract?

What is a lawyer’s role in a commercial real estate transaction?

Is it necessary to have a new survey when purchasing commercial real property?

What kinds of insurance should I buy for my commercial building?

What is commercial real estate?

What are ‘pro-rations’?

Do contracts for the sale or purchase of commercial real estate have to be in writing?

What does ‘escrow’ mean?

If I am buying commercial real estate, what should go into my contract?

What is a ‘deed of trust’?

My lease agreement on some commercial property rental states that I am responsible for all property taxes. The landlord forgot to tell me at the time of signing the lease that I was responsible for paying a school district tax on the property. Was this an error on the landlord?

What are fixtures?

How can I stop someone from using my residential driveway for commercial purposes? I have a deed to the property.

How should I take legal title to commercial property?

What is an option?

Can a deal go ahead even if there is a defect in the legal title?

What are contingencies?

What is ‘eminient domain’?

I am interested in buying a building but my intended use is not permitted under the local zoning ordinance. What can I do?

What is a ‘nuisance’?

I am looking at a small shopping center that I may want to buy. How do shopping center leases work?

I have a contract to purchase a building. What if the seller refuses to close?

Should I be concerned about environmental problems in purchasing commercial property?

The seller is suggesting that we sign a letter of intent before we prepare a contract. Is this a good idea?

A building I am considering is occupied by several commercial tenants. If I buy the building, can I evict them?

What happens if there is damage to the property from fire, hail, flood or windstorm during the term of the contract and before closing?

Related Information
» General Questions	» Contracts
» Option	» Zoning
» Shopping center leases	» Environmental
» Tenants	» Insurance
» Build-out	» Legal help
» Work letter	» Taxes
» Escrow	» Fixtures
» Title	» Closing
» Broker's fee	» Surveys

Topics Related To Commercial Real Estate
» Real Estate Law	» Agricultural Law
» Buy Sell A Home	» Commercial Real Estate
» Construction	» Condemnation
» Landlord Tenant	» Mortgage Matters
» Zoning

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