What Are Easements? Easements are legal rights that allow one party to use another party’s land for a specific purpose, without transferring ownership. In commercial real estate (CRE), easements...
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Latent defects are hidden issues in a property that are not immediately apparent during a standard inspection. Unlike patent defects, which are visible and can be noticed upfront, latent defects...
Specific performance is a legal remedy in real estate that requires a party to follow through with their end of a deal, instead of just paying damages for not doing so. It’s a tool that's...
Loss to lease represents the difference between the market rent a property could command and the actual rent being collected. This discrepancy often arises due to long-term lease agreements or...
Commercial leases could be considered as the infrastructure backbone of many business operations. After all, it provides the space and security companies need to thrive. Among the various types of...
Understanding lease costs, whether a snapshot or a deep dive, is something that many tenants (and landlords!) have trouble with doing accurately. This can be especially true with small business...