Commercial leasing tends to be more complex than residential leasing. Commercial leases often last longer than residential ones, which is why it is critical for both parties to be familiar with commercial tenant-landlord laws in Florida as well as understand the key terms and conditions contained in the lease.
A commercial real estate transaction differs from a residential transaction. Residential real estate has some safeguards built in—such as the requirement that the owner/seller disclose any known material defects.
When you enter into a commercial lease with a landlord, what are the duties of the landlord to maintain the property in the condition in which you initially found it? What about repairs and maintenance? Whose responsibility are those? Are they the landlord’s, the tenant’s, or are they shared? These are all issues that must be addressed.
Purchasing commercial real estate is a complicated and expensive undertaking. It can also be an incredibly exciting time filled with opportunities for financial growth and expanding your business holding.
Commercial real estate transactions often involve huge amounts of money and commitment. When buying or selling a commercial real estate property, it is important that you protect yourself and your investment from possible risks and losses.
Whether you are a commercial landlord or a prospective tenant in Florida, time is money. Missing out on an ideal property or well-funded tenant can make all the difference in your business’s financial health. Your ability to secure favorable terms in your lease agreement and close your deal as promptly as possible allows you to make the most of your property investment and focus on your other goals.
Zoning laws are used by local governments to promote growth and safeguard the interests of the community. When buying commercial real estate, you must consider how zoning laws will affect your plans to use the land.
One of the most important things a Saint Petersburg area business owner needs to do is choose a location for their business. Often a business owner will lease space for their business and the commercial lease agreement they sign is extremely important.
When a Florida resident decides to offer a residential property for rent on the market, they may discover that serving in the role of landlord is less appealing than they originally thought it would be. Residential landlords have duties to fix property conditions and maintain habitability for their tenants.