by Howard C. Stross | Jul 13, 2016 | Business Law, Commercial Real Estate
When you own investment real estate with another person, what do you have? Do you have a partnership that owns the real estate or is the real estate your separate property which you may do with as you please, subject only to rules embodied in a multi-owner agreement?... by Howard C. Stross | Jul 29, 2015 | Commercial Real Estate
You are a landlord in a commercial real estate lease and the tenant is an individual or the principal owner of a legal entity, such as a corporation or an LLC (limited liability company), who may be the primary guarantor for the payment of rent. The tenant has died.... by Howard C. Stross | Jan 21, 2015 | Commercial Real Estate
Recently, in reviewing a lease agreement, the name of the landlord did not look right. We checked to make certain we had the precise name of the landlord, which turned out to be a limited liability company formed under Florida law. The problem was that instead of... by Howard C. Stross | Oct 13, 2014 | Commercial Real Estate
A properly drafted commercial lease should address who is responsible for repairs and maintenance. If the commercial lease does not include this, Florida law in Chapter 83, Florida Statutes, tells us who is responsible. If landlord has the duty to repair under a... by Howard C. Stross | Oct 1, 2014 | Commercial Real Estate
Whether commercial real estate space is industrial, retail or office use, and whether you are landlord or tenant, the environmental provision of a commercial lease is a subject both landlord and tenant must understand concerning each party’s responsibilities,... by Howard C. Stross | Aug 5, 2014 | Commercial Real Estate
As a Florida board certified real estate law attorney with experience as a commercial real estate attorney, I have seen mistakes made over the years when it comes to leasing commercial real estate. Considering this topic, we have developed a list of observations...