Real estate insights on leasing, acquisitions, development agreements, and title dispute issues.
Base rent tells only part of the story. Texas commercial tenants should define operating expenses, construction duties, assignment rights, renewal terms, foreclosure protection, defaults, and guaranties before signing.
Read MoreA commercial purchase contract provides a defined period, often called a feasibility period, to investigate the property and decide whether to proceed. Your rights during that period depend on the contract, because Texas law supplies no general right to cancel a commercial acquisition and recover earnest money when an inspection produces an unwelcome result.
Read MoreThe entity holding commercial property affects liability, financing, management, taxes, and the eventual sale. The structure must align with the loan documents, tax classification, insurance, and daily administration.
Read MoreA commercial real estate letter of intent records the terms a buyer, seller, landlord, or tenant expects to place in a purchase agreement or lease. It can reduce drafting expense by confirming that the parties agree on the economic structure before counsel prepares the definitive contract.
Read MoreAn easement authorizes someone to use another person's land for a particular purpose. A restrictive covenant limits how land may be used or developed. Either can reduce buildable area, restrict access, prevent an intended use, or impose costs that the purchase price never reflects.
Read MoreSection 1031 can postpone recognition of gain when qualifying business or investment real property is exchanged for other qualifying real property under the federal requirements.
Read MoreA commercial tenant default may require a lockout, eviction, rent claim, landlord's lien, or bankruptcy response. Each remedy follows different Texas procedures and lease requirements.
Read MoreA title commitment identifies the conditions under which a title company will issue a policy. A land title survey locates boundaries, improvements, easements, access, and other physical conditions.
Read MoreA triple net lease allocates property taxes, insurance costs, and operating expenses in addition to base rent. The written formulas, exclusions, deadlines, and audit terms determine the tenant's actual occupancy cost.
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