Buying a piece of property to run like a business is a critical investment. Some prospective buyers discover problems with a property during the sales process. If they had known about these issues beforehand, they may have not committed to the purchase in the first...
As an aspiring entrepreneur or business owner, one of the first steps you face is deciding what form of business organization (also known as a business entity) to choose for your business. Each one has its own benefits. At the same time, they all have drawbacks, too....
A shareholder agreement is an essential document for companies that have more than one owner. Among other benefits, it can provide rules for dispute resolution and the handling of specific business situations. It also spells out shareholders' rights and...
When working in any business field, you need to prepare yourself for the possibility of running into disagreements and arguments. Some of these issues you can work out on your own. Others may need stronger methods of handling. But do you need to hop to litigation...
You are ready to build a new fence or perhaps a small building on your property, only for your neighbor to show up and tell you that your project cannot happen. Your proposed building plans are encroaching on your neighbor’s property, or so your neighbor claims. If...
Section 1031 is applicable to commercial real estate investors. According to Cornell Law School, it gives you the option of trading real estate with another business person straight up with no tax impact. The idea behind this is to help you save money. However, there...
Commercial leases are often lengthier than residential ones, and market conditions and other variables often change from the time you sign the lease to the time it comes up for renewal. Before you decide to renew your commercial lease as-is, you may want to reexamine...
If you are preparing to buy real estate, you need to pore over various facets of the transaction and carefully review the ins and outs of the property. From homes and apartments to shopping malls, hotels and other businesses, the way in which you approach and work...
Officials have announced that California will likely reopen on June 15, potentially fueling an entrepreneurial boom. A recent piece in Forbes delves into this possibility, noting the time we spent pent up during the pandemic may have provided an opportunity to foster...
If you own or plan to own real property with someone else, you need to understand the similarities – and differences – between the two types of joint ownership: joint tenancy and tenancy in common. FindLaw explains that both types of ownership give each “tenant” an...