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
Also 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
Our 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
Never Sign a Commercial Lease for Your Restaurant or New Office Lease before reading this article!
Can 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 During the Pandemic – New COVID Related Eviction Requirements
The 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.
The 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
Commercial real estate rentals differ from residential rental real estate in a number of ways. For example, the rent is usually the only obligation the tenant has to the landlord for residential property. However, for commercial properties, a tenant may also have to pay a number of other costs. Doing so will avoid tenant-landlord dispute.