Interested in step-by-step guidance to simplify commercial purchase and sale transactions? Use this handy checklist for transactions in Oregon. See the Related Content section below for similar checklists in other jurisdictions. Read now » Related Content...
The ever-growing number of environmental laws has significantly affected real estate acquisitions. Nearly every purchase agreement will contain environmental representations and warranties, with the seller disclosing known environmental matters, and the parties...
Entering into purchase-sale agreements (PSAs) with buyers or sellers filing for bankruptcy involves certain risks. One concern is that bankruptcy trustees may seek to void transfers of the seller-debtor’s property. As for purchasers in bankruptcy, trustees...
Sellers generally must notify their residential tenants regarding the property sale and lease transfer. They must also return the tenant’s security deposit or transfer it to the new owner. Use this template to inform Massachusetts tenants of a transfer or...
For boards of directors, management teams, and their counsel, understanding options in how to respond to a hostile takeover or unsolicited acquisition proposal, and how to implement those responses, is critical to a successful hostile takeover defense. On the other...
California’s “Builder’s Remedy” blocks cities and counties out of compliance with certain housing laws from denying affordable housing projects based on zoning and/or planning issues. Check out this article to learn how developers are taking...
Practical Guidance has state-specific checklists providing step-by-step guidance for obtaining and reviewing owner's and lender's title insurance policies and American Land Title Association (ALTA) surveys. Use this checklist for commercial real estate...
Mortgage lenders typically require leasehold interests to be subordinate to the lender’s interests. Consequently, commercial property landlords want tenants to agree to a subordination clause so that the lease is subordinate to any existing or future mortgages...
Looking to increase cashflow and profit margin? Consider subleasing all or a portion of the leased premises to subtenants. Use this sublease agreement for commercial tenancies in Michigan. See the Related Content below for additional sublease resources. Read...
Developers and purchasers should evaluate the laws pertaining to water rights to determine whether a proposed piece of land or property suits their needs. Use this water rights checklist to identify best practices and considerations to incorporate into the planning...
Practical Guidance’s State Law Comparison Tool (SLCT) provides a way to compare laws on many topics, including our newest topic, manufactured homes. Access our SLCT and generate a quick report on manufactured home laws across multiple states! See the Related...
Title insurance companies provide a “commitment” specifying the title policy terms and conditions they will issue to an insured. A commitment assures purchasers and lenders of the future title policy they will receive for the pending real property acquisition...
The Corporate Transparency Act (CTA) and its beneficial ownership reporting requirements became effective on January 1st of this year, subjecting a wide range of entities to new Financial Crimes Enforcement Network (FinCEN) reporting requirements. Gain insight...
Title insurance companies may request an owner's affidavit when transactions involve transferring or refinancing real property. An owner’s affidavit typically contains representations and warranties by the property owner providing the title insurance...
More states, counties, and cities are establishing energy benchmarking and transparency requirements for public, commercial, and multifamily buildings to encourage energy efficiency. For example, California requires that owners of certain building types provide...