Our office receives multiple calls every day touching upon some of the issues discussed in this article. Purchasing a commercial property in Virginia is a complex process that often requires the assistance of an experienced Virginia Real Estate Lawyer. Please feel free to call our office to discuss the following issues with respect to the […]
INVESTING IN REAL ESTATE IN VIRGINIA USING LIMITED LIABILITY COMPANIES (LLCS) – WHAT YOU SHOULD KNOW
By posted in Commercial Real Estate, Estate Planning, Real Estate on August 27, 2020Also read Introduction to Limited Liability Companies in Virginia The LLC Is an Entity Separate and Distinct from Its Owners The single most common reason people hold hold property in an LLC is to protect their personal assets This can be done because “[l]ike a corporation, a limited liability company is a legal entity entirely […]
Coronavirus and Your Mortgage – Possible Options for Borrowers Affected By COVID-19
By posted in Commercial Real Estate, Litigation, Real Estate, Residential Purchase and Sale Contracts on August 16, 2020By Faisal Moghul of Fox & Moghul posted in Real Estate Law on Thursday, March 26, 2020. COVID-19 has wreaked havoc with the ability of many people to timely pay their current mortgage. We at Fox & Moghul have been receiving a high-volume of calls by distressed homeowners seeking assistance on this issue. If you are one of those affected […]
CAN I SUBLEASE MY COMMERCIAL SPACE IN VIRGINIA? WHAT YOU SHOULD KNOW
By posted in Commercial Real Estate, Landlord Tenant on August 16, 2020Our Virginia real estate lawyers at the law firm of Fox and Moghul receive several queries regarding subleasing of commercial space. With the current economic and health problems in the country, businesses may consider sharing a commercial space with another business to reduce their costs. Whether you are a prospective Sub-Tenant or the Sub-Landlord, the […]
PERSONAL GUARANTY AND COMMERCIAL LEASES – READ THIS BEFORE SIGNING.
By posted in Commercial Real Estate, Landlord Tenant on August 16, 2020Never Sign a Commercial Lease for Your Restaurant or New Office Lease before reading this article!
IS YOUR TENANT THREATENING TO STOP PAYING RENT DUE TO MOLD? WHAT OPTIONS DOES A LANDLORD HAVE IN VIRGINIA?
By posted in Commercial Real Estate, Landlord Tenant, Litigation on August 16, 2020Can a tenant stop paying rent due to mold in the apartment? Must a landlord obtain hotel accommodation for the tenant every time there is mold? Who can terminate the lease and when? Who pays for the cost of remediation? Must the tenants personal property also be remediated? Who can perform remediation? Is there a remediation “license” in Virginia that is required before performing mold remediation?
VIRGINIA EVICTIONS AND THE COVID-19 PANDEMIC – TEN STEP EVICTIONS GUIDE FOR LANDLORDS AND TENANTS
By posted in Commercial Real Estate, Contract Law, Landlord Tenant, Litigation, Real Estate on August 14, 2020Virginia Evictions During the Pandemic – New COVID Related Eviction Requirements
Why you may (or may not) want to sublease commercial space
By posted in Commercial Real Estate on August 10, 2020With all the uncertainty of our present times, if you are about to open a small business, you may be considering subleasing some commercial retail or office space. While this could wind up being a savvy business move, it could also turn into your worst nightmare. So, how can you suss out which of the […]
Coronavirus and Your Commercial Lease: A Primer on Lease Termination Issues Raised by COVID-19
By posted in Commercial Real Estate, Contract Law, Landlord Tenant, Litigation on August 10, 2020The COVID-19 virus has devastated small businesses, which are the engine of the U.S. economy. A recent survey by Goldman Sachs titled US Small Business Owners Face Great Uncertainty; Over Half Say They Cannot Operate Beyond Three Months revealed that 51% of small-business owners said they could not sustain more than three months of the current economic downturn. […]
Issues To Consider Before Leasing Commercial Property In Virginia
By posted in Commercial Real Estate, Landlord Tenant, Real Estate on August 10, 2020The purpose of this article is to give interested parties an overview of the commercial leasing process. This memorandum is not intended to establish an attorney client relationship and the information provided herein is strictly for informational purposes only. When preparing to acquire a commercial property, either by lease or purchase, the principal of “caveat […]