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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...

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...

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...

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...

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...

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...

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...

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...

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 »...

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...

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...

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...

By: S.H. Spencer Compton , COMMONWEALTH LAND TITLE INSURANCE COMPANY Interested in access to private market intelligence? Private Market Data offers attorneys private information about highly negotiated agreements not otherwise available or...

Many hotel properties have been unable to pay off their loans due to a combination of factors, including the impact of the Federal Reserve’s interest rate hikes and COVID-19 induced vacancies. These properties now face bankruptcies, foreclosures...

Check out this new resource kit for junior associates navigating real property acquisition financings. It also includes links to resources for business and professional skills development to help junior associates excel. For additional junior associate...

Are you working on a commercial purchase and sale transaction? Use this visual checklist to guide you through the steps for drafting a commercial real property purchase and sale agreement. Read now » Related Content Commercial Purchase and...

Inverse condemnation is a cause of action allowing property owners to seek compensation when the government takes or damages private property without acquiring it through the formal process of eminent domain. Read this content to learn more about inverse...

Title insurance and surveys are vital components of commercial real estate transactions protecting the interests of buyers and lenders. Check out our resource kit to access practice notes, practice videos, templates, clauses, and checklists on title insurance...

Floods across the country have affected the housing industry, particularly affordable housing. Read about the increased risks of flooded homes and the strategies proposed by FEMA to address this dire issue. Read now » Related Content Sea...

Eminent domain is the power of government to take private property for public use. Laws governing eminent domain vary depending on the state and municipality. Read this practice note to learn about the eminent domain process for Miami, Florida. This practice...

Under the CARES Act, enacted at the outset of the COVID-19 pandemic, the federal government restricted residential evictions. One of these restrictions, a 30-day pre-eviction notice for certain tenancies, still applies. Read this content for additional...

Land use laws and zoning regulations are promulgated at every level of government, including federal, state, municipal and local. These laws and regulations often interact and overlap with one another. Delve into this content discussing municipalities’...

Joint ventures are a common business arrangement for real estate investment. In order to create a successful partnership, though, it is crucial to find the right partner. Read this article for guidance on qualities to look for in a joint venture partner...

While the foreclosure process varies from state to state, its fundamental purpose is the same—to extinguish inferior liens and sell the mortgaged premises applying the sale proceeds to the mortgage debt. Foreclosures can be judicial or nonjudicial...

Landlords and their lenders generally require that tenants subordinate their leasehold interest to existing real property mortgages and deeds of trust, and recognize and attorn to any subsequent landlords who acquire title to the mortgaged property (e...