As a realtor, you expect you will receive a commission for each successful real estate transaction. Seems simple enough, right? However, what is simple in theory is rarely so in the real world. Disputes can arise between brokers over who should receive a commission...
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Common Sense Solutions To Protect Your Business And Real Estate Interests.
Who’s responsible for repairs on commercial property?
It might make sense that a person who owns a property will be responsible for making repairs to the property. While this is certainly the case for private homes, the answer may be very different for commercial property owners and the business owners who lease their...
How Florida landlords must handle security deposits
Being a landlord is both financially rewarding and risky. On the one hand, you have a steady source of income. On the other, you may land bad tenants who cause lots of trouble or costly damage. One way to protect yourself against potential expenses is by requiring a...
A property management agreement sets terms, responsibilities
Let us say you purchased a condominium building and are about to become a landlord for the first time. The property management agreement you use sets terms and responsibilities for your legal protection, and your tenants clearly understand what they sign. Here are...
Tips for negotiating a commercial lease renewal
Once you reach the end of your commercial lease term, you will, in many cases, have the option of either extending the lease or finding a different location where you can operate your business. Before you agree to extend your commercial lease agreement, though, it may...
Considerations for hiring a property manager
Owning a commercial property can be hard work. If you have several properties, or just one, you may benefit from hiring a property manager. As with any decision regarding your real estate investment, it is not a decision to make lightly. You should...
Effective ways to help prevent contract disputes
When it comes to protecting your small business and livelihood, prevention can go a long way. Anticipating the types of problems that can potentially arise and figuring out how to address them ahead of time can save you substantial time and stress, and one way you can...
What are your primary responsibilities as a commercial landlord?
As a commercial landlord in Florida, your duties and responsibilities typically involve far more than just finding tenants and collecting rent each month. While leasing commercial properties to renters can prove to be highly profitable, doing so can also expose you to...
When can landlords legally enter units unannounced?
Landlords in Florida need to remain on the right side of the law. Lawmakers in the state recently moved forward with legislation to require landlords to give tenants at least three months of notice before raising the rent. Additional provisions are on the...
Business formation types that limit personal liability
When you want to open your own business in Florida, you will need to figure out what type of business structure you want to create before doing so. Different business structures offer different benefits and drawbacks, so you need to consider many things before...