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Negotiating the details of a commercial lease is critical for the protection of both the tenant and the landlord. There are numerous different classes that either party may want to include in the lease. Commercial tenants hoping to open a new coffee shop or an oil...
Business contracts generally contain an assortment of different clauses. The exact inclusions depend in part on the nature of the contract and the relationship between the parties establishing a written agreement. Business leaders negotiating contracts with new...
When you purchase a new commercial property, it may come with an easement. It is important to understand what this means and how it can affect your use of the property. An easement typically gives another entity the ability to access the property, although they...
Business contracts need to be basically fair to all parties who sign on to them to be enforceable. They can negotiate for terms they want or need and keep out terms that could harm them. However, if any part of a contract – or the contract as a whole – is...
Businesses use contracts to establish contractual obligations with other businesses. There are many uses of contracts, such as arranging the transportation of goods, planning construction projects and outlining services. While a contract can clearly outline and...
Many businesses can greatly benefit from business partnerships. A business partnership agreement allows more than one party to run a business. When drafting a business partnership agreement, there are a few key areas to address. Here is what you should know: 1. How...
Non-compete agreements were briefly banned by the Federal Trade Commission. The FTC determined that they were too restrictive for workers, meaning they could be used to suppress wages. They banned the use of these agreements in all but a few rare exceptions to try to...
If you are thinking of becoming a business partner with one or more others, then it is crucial to understand where potential problems might lie. This is crucial regardless of whether you own a company and are looking to take on a partner, someone else with a business...
Subleasing a commercial property in Florida can be a practical solution for tenants who need to reduce their space or offset rent costs. However, it’s not as simple as just finding someone to rent part of the space. Florida law and lease agreements often have specific...
If you’re buying or developing commercial property, it’s important to understand environmental due diligence. This process helps you find out if there are any hidden problems with the land, like pollution or other risks, that could cost you money (or maybe your entire...