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May 2019 Archives

Can a commercial tenant negotiate a personal guarantee?

Plenty of rental property owners here in California have ended up not receiving the monies promised in leases. In fact, some landlords end up discovering that a tenant broke the lease and moved out in the middle of night. For these reasons, many of them now require prospective tenants to sign personal guarantees, which make them personally liable for the rental payments outlined in their leases. A commercial tenant essentially ends up paying for the bad acts of those who came before them.

Reasons why a development could encounter construction problems

After the real estate deal is closed, most Orange County residents who are new to investing in land feel as though the worst is behind them. Unfortunately, the construction phase of any development could actually be where the problems truly begin. Avoiding these problems could help keep the project on track.

Attracting a commercial tenant means more office amenities

It is possible retail property owners here in California and elsewhere are already used to providing more for their prospective renters these days. Now, it appears that those who own office buildings may need to step up their game as well in order to attract tenants. These days, a commercial tenant expects more amenities when renting office space. 

Consider creating a separate LLC for each development

For Orange County business-minded individuals, owning real estate could be a lucrative and satisfying endeavor. One of the primary concerns of anyone in this position is protecting themselves and their investments. One way in which to do this is to form a limited liability company for each development.