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Commercial Real Estate Archives

Consider these factors when searching for, and negotiating leases on, commercial space

Your office space is much more than just the address you put on your letterhead. The space dictates what your business is and what it can become. It also sends an important message to your current and prospective clients.

Negotiating a commercial lease? The clock is ticking

Negotiating any type of contract or agreement as a business owner can be a complicated task. Often, contracts involve significant paperwork and legalese that seem tedious, but it is crucial that parties to a contract examine these documents thoroughly. Remember, too, that in addition to these contracts being dense and complex, you can also be working against a ticking clock.

How important is due diligence when buying real estate?

If you are interested in purchasing commercial property in Houston, having the right information at your disposal is crucial. Fortunately, there are steps you can take to properly vet a piece of property before buying, which will help you determine whether the purchase will make for a sound investment.

Tips on buying commercial property

Investing in commercial property can be a great way for Houston entrepreneurs to expand their reach. However, it’s important to be vigilant when pursuing a potential purchase to prevent any issues from occurring down the line, including a loss of capital if the property ends up being unfit. Our legal team at The Jackson Law Firm believes in supporting local business owners by providing quality legal advice. Our knowledge of the legalities of commercial real estate can assist buyers in making an informed decision.

What should I know before signing a commercial lease?

If you are considering signing a commercial lease in Houston, you know that making the right decision is imperative. To this end, you must take some time to consider certain key points before fully committing yourself to a commercial property, or you could run the risk of making a very costly mistake.  

What should I know about commercial real estate appraisals?

As a Houston entrepreneur, you know how important a commercial real estate appraisal can be for valuing property. However, the process is often highly complex, and as a result you may be left with more questions than answers. That’s why having the proper information is so crucial; being informed will allow you to make the right decision regarding the sale or purchase of commercial property and offer the best chance for success.

Is a franchise the right option for me?

If you are looking to become a small business entrepreneur in Houston, taking on a franchise may seem like an attractive option. However, it’s important to know exactly what you’re getting into before committing to an investment. Doing a bit of prep work will allow you and your new business the best possible chance for success.

Types of commercial real estate leases

When looking for a location, a business owner in Texas may see a variety of commercial real estate leases for different properties. The differences between these have the potential to cause extreme financial hardship or to benefit the company in the long-term. Choosing the type that will best suit the business is typically not a decision that should be made before reviewing the properties available.

Personal property, past-due rent and liens

A commercial real estate owner in Houston who leases the property to a local company may find that being a landlord is a profitable business in itself. However, the stream of income depends on the integrity of the renter. Therefore, when he or she fails to meet the obligations of the lease, the situation has the potential to create a financial hardship for the property owner, particularly when there is still a balance owed on a mortgage for the property. Landlords in Texas do have legal recourse, but if the situation is not handled correctly, it may create circumstances that allow the tenant to file a lawsuit and win.

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