Real estate transactions are fraught with potential issues. At any point in a transaction, financial problems, documentation issues, or legal problems can put the transaction on hold or even terminate a contract. Unfortunately, the issue is even more prominent in private real estate transactions. These private sale contracts often take place between friends, family members, […]
The world of real estate is constantly evolving and changing. The pandemic changed a lot about how space is used and what type of space is even needed in different communities. With a growing amount of companies allowing employees to work from home, the need for commercial space is starting to dip in some areas. […]
Transferring property is a significant legal matter requiring intensive attention to detail, an in-depth understanding of real estate law, and a knowledge of your rights and responsibilities. When you’re transferring property between friends or acquaintances, it’s common to hit some bumps in the road. People may expect you to bypass important steps or cut corners […]
As you approach the end of your lease period, it’s time to decide what you want to do next. If you like your current location but find the lease terms to be less than favorable, you may be interested in negotiating terms that are more to your benefit. It’s important to be prepared, though—jumping into […]
Renting out a house or apartment requires an in-depth understanding of both real estate and discrimination laws, as unintentionally violating either could land you at the center of a lawsuit. If you have a strict no-pet policy in your rentals, you may wonder what means for applicants with service animals or emotional support animals. This […]
Private property sales make up a substantial amount of real estate transactions every year. While the vast majority of transactions happen with the help of agents on both sides, about 10% of sales happen through for-sale-by-owner (FSBO) transactions. When you conduct business without a realtor, you have to work much harder to ensure that everything […]
As a commercial tenant in a shopping center or other property with multiple tenants, you’ll likely come across Common Area Maintenance—or CAM—charges as you look for the ideal spot to set up shop. Common areas benefit everyone who rents in a shared area, and as a result, the upkeep costs are split among all tenants. […]
As a landlord, it is crucial to protect yourself from negligent or malicious tenant behavior. A thorough and legally enforceable lease should be your top priority when bringing in a new tenant, whether it’s your first property or your fiftieth. In addition to checking your lease for all of the important clauses, consider consulting a […]
When you are purchasing a store, restaurant, warehouse, office building, or other piece of commercial real estate, you have to clear a number of hurdles to get your loan approved and take ownership of the property. Your Annapolis lender will likely request an environmental audit as they work through the underwriting stage of your loan. […]
When a neighbor gives you the opportunity to purchase their land, it’s incredibly exciting. It may be your chance to add an extension to your home, build your dream home, or plant the garden you’ve always had planned in your mind. However, just like purchasing property from family members, buying land from a neighbor can […]
