Commercial leases are intimidating to negotiate. Most commercial leases, unlike residential, go on for many years or even decades. Therefore, you are stuck with your tenant for a long time, so the deal better is a good one. This post will go over some tips for negotiating a commercial lease. First, know what you want […]
Melbourne Legal Blog
Contracts are the bedrock of business. They allow businesses to exchange goods and services. Contracts lay out reciprocal obligations, rules that govern the relationship, and timelines. Contracts, in short, are the lifeblood of business. Therefore, when a business breaches a contract, companies need methods with which to resolve the dispute. This post will go over […]
A spendthrift trust enables people to place their assets in a specialized trust that creditors cannot sue or attach in bankruptcy to seek satisfaction for their loans. But once the money is distributed, creditors are free to pursue it. Spendthrifts were invented to allow people to care for their family members and maintain control over […]
When you are purchasing real estate, whether it is for your own personal use or for a commercial investment, you should know as much as you can about the property and the reason for the sale. According to the National Association of Realtors, over 60 percent of buyers use many different sources to learn more […]
The lease is the controlling document for your properties. It is critical that each lease is securely crafted. Leases that overlook important terms undermine the reliability of your properties and their commercial value. This post will go over the most important terms you should cover in your lease and how you might utilize them. First, […]
Construction defect are two awful words that no homeowner or developer ever wants to hear. Construction defect means that there was a fundamental flaw during the construction of the building which resulted in a current defect. The defect could be minor, meaning it is easily replaced such as better windows for more insulation, or it […]
