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Keeping It Real

Showing 9 posts in Contracts.

Enforcing an Unsigned Guaranty – the Leading Object Rule

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Ohio Court of Appeals cites “leading object rule” in reversing trial court’s decision in case involving unsigned contract. Continue Reading ›

Tags: Business Risk Management, Commercial Loans, Contracts

The Text That Did Not Bark

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Creating a failure to pay record can help prove your case when the other party reneges in a real estate transaction.   Continue Reading ›

Tags: Business Risk Management, Commercial Liability, Commercial Loans, Commercial Real Estate, Contracts, Real Estate, Real Estate Mortgages

3 Tax Traps to Avoid When Buying Commercial Property

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Perform your due diligence before purchasing commercial property to avoid these three tax traps. Continue Reading ›

Tags: Business Risk Management, Commercial Real Estate, Contracts, Real Estate

Surprise! Your Letter of Intent is a Purchase Contract

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Ohio appellate court rules intent to purchase letters can bind parties to sale terms in Ohio real estate deals. Continue Reading ›

Tags: Commercial Real Estate, Contracts, Fraud Activity, Letter of Intent, Real Estate

Details Do Matter… Don’t Ignore Leases Missing Notarial Acknowledgments

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Don’t assume that the lack of notarization will always block the enforcement of a commercial real estate lease. Continue Reading ›

Tags: Business Risk Management, Commercial Leasing, Commercial Real Estate, Contracts, Real Estate

Top 3 Questions About Allowing Buyers to Inspect Commercial Property

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Commercial property sellers may want to consider the benefits of a right of an entry agreement before allowing potential buyers to conduct inspections. Continue Reading ›

Tags: Commercial Leasing, Commercial Real Estate, Contracts, Real Estate

Details Matter: Lack of a Notarial Acknowledgment Keeps Lessor From Enforcing Lease

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Failure to notarize signature keeps lessor from enforcing commercial office lease. Continue Reading ›

Tags: Commercial Leasing, Commercial Real Estate, Contracts, Real Estate

Two Traps for the Unwary in Ohio’s New Receivership Law

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New Ohio receivership law allows property sales clear of all liens, as well as court overrides of a receiver's promise not to solicit or accept backup contracts. Continue Reading ›

Tags: Commercial Real Estate, Contracts, Real Estate, Real Estate Mortgages, Receiverships

Avoiding Construction Liens in the Post-Recession Economy

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Some knowledge about Michigan's construction lien law can help businesses avoid many of the common problems they faced prior to the Great Recession. Continue Reading ›

Tags: Commercial Leasing, Construction Liens, Contracts
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