Use Practical Guidance’s State Law Comparison Tool (SLCT) to compare real estate laws among several states. With SLCT you can customize and generate a report tailored to your needs for comparing state laws on commercial real estate financing, ownership, leasing...
Compliance with the National Environmental Policy Act (NEPA) is required to obtain federal financing for “major Federal action” projects. Under NEPA, federal agencies identify and consider potential environmental implications for certain activities...
States and many municipalities have their own unique set of laws for terminating tenancies and evicting tenants. Some states permit landlords to take speedy self-help actions upon default. Other states, such as California, require court proceedings before tenants...
Short-term rentals of residential properties have increased exponentially with hosting platforms such as Airbnb, VRBO, Getaway, and Booking.com. As this industry grows, municipalities are enacting laws to regulate the market and address various short-term rental...
ESG is a concept that describes a range of environmental, social, and governance (ESG) factors impacting the requirements organizations must meet, how they must operate, and how they are measured. It is used to evaluate a business's practices and performance...
When it comes to transfer taxes, states and many municipalities have their own unique requirements, including, who is responsible for payment, what are the applicable tax rates, when tax is imposed, and whether any tax exemptions exist. Check out this practice...
Limited liability companies (LLCs) are commonly formed to acquire and own real estate projects and parcels while limiting its members’ liability. LLC operating agreements usually outline the rights and obligations of the members, including allocation of net...
Tenants usually insist upon the right to audit landlords’ operating expenses to ensure charges are reasonable and accurate. Use this audit right clause in commercial leases drafted from a landlord’s perspective. See the Related Content below for other...
Attorneys working through the recent shifts in the real estate market are encouraged to participate in the Practical Guidance Private Market Data Annual Real Estate Survey by September 30, 2023. Participants will receive a $25 gift card.* Take the survey now...
The COVID-19 pandemic has had far-reaching implications on the business world, and the commercial real estate (CRE) market is no exception. For insights into the current CRE market and how the pandemic has affected occupancy rates and valuations, check out this...
Many states have statutory notices and other requirements that landlords must follow prior to evicting tenants. Use this flowchart to evaluate the type of statutory pre-eviction notice required when a California commercial tenant defaults on its lease, commits...
Attorneys working through the recent shifts in the real estate market are encouraged to participate in the Practical Guidance Private Market Data Annual Real Estate Survey. Qualified participants will receive a $25 gift card.* Take the Survey now » Related...
Landlords may agree to reduce the required security deposit amounts over the course of the lease for non-defaulting creditworthy tenants. To allow for this reduction, burndown provisions are included in commercial leases. Check out this security deposit clause...
Square footage often determines the rental amount and pro-rata common area expenses. Consequently, tenants entering leases during construction usually want to verify the square footage post-construction. Use this commercial lease clause for a tenant’s right...
By Bruce Bergman | Partner, Berkman, Henoch, Peterson, Peddy & Fenchel, P.C. The Voluntary Payment Doctrine and Mortgage Foreclosures In the real world of mortgage foreclosure , there are events which occur with some apparently increasing frequency: after...